Duplex with Attached
For Sale
$312,700
236 N PENINSULA DRIVE, Daytona Beach, FL 32118
Residential income property with a porch and attached parking, offered in as-is condition.
Property Size1,795 SF
Price / SF$174.21
Days on Market15
Property Features for 236 N PENINSULA DRIVE
General Information
Standard status
Active
Size
1,795 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
porch
Building Details
Year Built
1920
Listing Agency:
REALHOME SERVICE & SOLUTIONS INC
(770) 937-5747
Listed By:
Andrea Butcher · License #3396490
(904) 687-7876
Source:
Endlesssummerrealty
Added: Sep 10
Changed: Sep 23
Last Checked: Sep 24 at 9:54AM
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 REALHOME SERVICE & SOLUTIONS INC
Investment Insights
Based on property information with market context.
This duplex at 236 N Peninsula Drive in Daytona Beach contains 1,795 square feet with a combined layout of 4 bedrooms and 3 baths. Built in 1920, the property includes a porch and an attached carport, providing a defined residential configuration for an income-property buyer.
The sale is conducted by auction and the property is offered as-is for cash. No lease is in place, and the seller provides no property disclosure or inspection reports. Interior access and interior photographs are not available, and the seller does not guarantee occupancy status. The buyer will be responsible for obtaining possession after closing.
The sale is conducted by auction and the property is offered as-is for cash. No lease is in place, and the seller provides no property disclosure or inspection reports. Interior access and interior photographs are not available, and the seller does not guarantee occupancy status. The buyer will be responsible for obtaining possession after closing.
Key Highlights
- Duplex with 1,795 square feet
- 4 bedrooms and 3 baths
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,940
$314.9K
Cap Rate 7%
$224,957
$225.0K
Cap Rate 9%
$174,967
$175.0K
Market Conditions
NOI Build-Up for 1,795 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.0K $13.92/SF
− Vacancy
−$2.5K −$1.39/SF
EGI
$22.5K $12.53/SF
− OpEx
−$6.7K −$3.76/SF
NOI
$15.7K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,940
Cap Rate 7%
$224,957
Cap Rate 9%
$174,967
Alternative Uses
Best Use
Multifamily LT 5
$225.0K
$196.8K – $262.5K
NOI $15,747 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$195.4K
$171.0K – $228.0K
NOI $13,678 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$529.3K
$463.1K – $617.5K
NOI $37,049 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,439
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with a porch and attached parking, offered in as-is condition.
Where is this duplex located?
The property is located at 236 N PENINSULA DRIVE Daytona Beach, FL.
What is the asking price?
The asking price for this property is $312,700.
What are key features of this property?
This property features: Duplex with 1,795 square feet; 4 bedrooms and 3 baths; Built in 1920
