Daytona Beach Multi-Family
26 S Hollywood Ave Daytona Beach, FL 32118
26 S Hollywood Ave, Daytona Beach, FL, 32118
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For Sale
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Five-unit multi-family property in Daytona Beach with historical occupancy.
Property Size3,418 SF
Price / SF$175.25
Days on Market143
Property Features for 26 S Hollywood Ave
General Information
- Standard status
- Active
- Size
- 3,418 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1918
Listing Agency
SVN | Alliance Commercial Real Estate Advisors Ormond Beach
(386) 999-1762
Listed by
Michael Baxter · License #SL3451680
Source
Crexi
Added: Feb 24 Checked: Jul 16 at 9:29 pm
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 Ormond Beach
Investment Insights
Based on property information with market context.
This multi-family property features five units and is situated in Daytona Beach, Florida, just south of Main Street, an area known for Bike Week. The property consists of two structures and offers both on-site and on-street parking. Each of the five units includes one bedroom and one bathroom. The property has a total size of 3418 square feet and has a history of excellent occupancy.
Key Highlights
- Excellent historical occupancy makes this a solid investment.
- Located in Daytona Beach, FL.
- Multi‑Family property with 5 units.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.9k | $15.48 |
| − Vacancy | −$5.6k | −$1.63 |
| EGI | $47.4k | $13.85 |
| − OpEx | −$21.3k | −$6.23 |
| NOI | $26.0k | $7.62 |
3,418 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$372.1K
$325.6K – $434.1K
NOI $26,045 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$881.9K – $1.18M
NOI $70,548 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-unit multi-family property in Daytona Beach with historical occupancy.
Where is this apartment building located?
The property is located at 26 S Hollywood Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Excellent historical occupancy makes this a solid investment.; Located in Daytona Beach, FL.; Multi‑Family property with 5 units.
