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Low-Rise Apartment Buildings
For Sale
$1,850,000
Pending

23 S Hollywood Ave, Daytona Beach, FL 32118

Beachside multifamily property with updated roofing across its three buildings and tenants current on rent.

Property SizeContact for details
Days on Market479

Property Features for 23 S Hollywood Ave

General Information

Standard status Pending

Units

Unit Mix 5 x studio, 3 x 1BR, 4 x 2BR, 1 x 3BR
Multifamily Units 14

Taxes and HOA fees

Annual Taxes $5,207

Building Details

Buildings 3
Construction garden-style
Listing Agency: SVN Alliance Commercial Real Estate Advisors
Listed By: Carl Lentz · License #3068067
Source: Exprealty
Added: Jun 27, 2025 Changed: Oct 17 Last Checked: Oct 16 at 3:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Alliance Commercial Real Estate Advisors

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Investment Insights

Based on property information with market context.

This low-rise, garden-style apartment property consists of three buildings in Daytona Beach, Florida. Roofing replacements were completed in 2020 and 2021 across all three structures, providing a documented update to the exterior improvements. The property includes multifamily residential units, with tenants reported current on rent.

Located in a beachside Daytona Beach setting, the asset offers an established residential configuration within a three-building layout. The available information identifies a history of high occupancy and no accounts receivable concerns, while specific unit mix details are not summarized here because the reported totals do not align.

Key Highlights

  • Low‑rise, garden‑style multifamily property in Daytona Beach, FL
  • Three buildings with new roofs installed in 2020 and 2021
  • All tenants current on rent with no accounts receivable

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Furniture & Home Goods Garden Center Electrical Service Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby

Demographics for 32118, FL

17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Beachside multifamily property with updated roofing across its three buildings and tenants current on rent.
Where is this apartment building located?
The property is located at 23 S Hollywood Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Low‑rise, garden‑style multifamily property in Daytona Beach, FL; Three buildings with new roofs installed in 2020 and 2021; All tenants current on rent with no accounts receivable
More about this property
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