River View Condo in
2801 N HALIFAX Avenue 253 Daytona Beach, FL 32118
For Sale
$190,000
Move-in ready 2/1 condo with river views and amenities.
Property Size965 SF
Price / SF$196.89
Days on Market893
Property Features for 2801 N HALIFAX Avenue 253
General Information
- Standard status
- Active
- Size
- 965 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1976
Listing Agency:
MAXREV, LLC
(904) 392-8388
Listed By:
DANIELLE JANSON · License #3352729
(904) 392-8388
Source:
Exitrealty
Added: Feb 12, 2024
Changed: Jul 6
Last Checked: Jul 24 at 6:43AM
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 MAXREV, LLC
Investment Insights
Based on property information with market context.
This 2/1 condo offers river views from the kitchen, living room, and second-story balcony. The unit features granite countertops and stainless steel appliances and is move-in ready. The complex provides access to a clubhouse, assigned parking, three pools, two fishing piers, meticulously maintained grounds, and an on-site laundry facility. The maintenance fee covers building insurance, cable/satellite, common area upkeep, exterior paint, pest control, pool maintenance, roof maintenance, sewer, trash, water, and internet services. The minimum rental period is three months. The property is located a short walk or bike ride away from the beach.
Key Highlights
- River views from kitchen, living room, and balcony
- Move‑in ready with granite countertops and stainless steel appliances
- Short walk or bike ride to the beach
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 | $14.9k | $15.48 |
| − Vacancy | −$1.6k | −$1.63 |
| EGI | $13.4k | $13.85 |
| − OpEx | −$6.0k | −$6.23 |
| NOI | $7.4k | $7.62 |
965 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$105.0K
$91.9K – $122.6K
NOI $7,353 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$284.5K
$249.0K – $332.0K
NOI $19,918 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Move-in ready 2/1 condo with river views and amenities.
Where is this residential income property located?
The property is located at 2801 N HALIFAX Avenue 253 Daytona Beach, FL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: River views from kitchen, living room, and balcony; Move‑in ready with granite countertops and stainless steel appliances; Short walk or bike ride to the beach
