Concrete Block
For Sale
Contact for pricing
Pending
230 Michigan Ave, Daytona Beach, FL 32114
Two-unit income property with off-street parking and private outdoor space.
Property SizeContact for details
Days on Market143
Property Features for 230 Michigan Ave
General Information
Standard status
Pending
Class
Class B
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$30,000
Additional Details
Cap Rate
7.71%
Multifamily Units
2
Building Details
Year Built
1984
Buildings
1
Construction
concrete block
Listing Agency:
SERHANT
(386) 679-0888
Listed By:
Dino Dodani · License #FL SL3221388
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:58PM
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 SERHANT
Investment Insights
Based on property information with market context.
This 1984 concrete block duplex contains 2 units and is reported at 100% occupancy. The property includes off-street parking and private outdoor space, with interiors described as spacious. It is located at 230 Michigan Ave in Daytona Beach, near Daytona Beach, the Halifax River, downtown, Daytona State College, Embry-Riddle Aeronautical University, and Halifax Health Medical Center.
The asset is presented as a multifamily investment with both long-term rental and short-term rental use identified in the listing information. Financial metrics include a 7.71% cap rate and $30,000 NOI. Nearby destinations and employers cited include Daytona International Speedway, Ocean Walk Shoppes, AdventHealth Daytona Beach, and Brown & Brown Insurance.
The asset is presented as a multifamily investment with both long-term rental and short-term rental use identified in the listing information. Financial metrics include a 7.71% cap rate and $30,000 NOI. Nearby destinations and employers cited include Daytona International Speedway, Ocean Walk Shoppes, AdventHealth Daytona Beach, and Brown & Brown Insurance.
Key Highlights
- 2‑unit duplex built in 1984
- Concrete block construction
- 100% occupancy
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,363
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit income property with off-street parking and private outdoor space.
Where is this duplex located?
The property is located at 230 Michigan Ave Daytona Beach, FL.
What are key features of this property?
This property features: 2‑unit duplex built in 1984; Concrete block construction; 100% occupancy
