314 Cottrill Avenue, Daytona Beach, FL 32114
Updated triplex with two tenant-occupied units, a vacant third unit, and separate electric meters for simpler management.
- Added:
- May 26, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 6 at 2:46 am
Property Features for 314 Cottrill Avenue
General Information
- Standard status
- Active
- Size
- 2,674 SF
- Property subtype
- Multifamily, Mixed Use, Land
Building Details
- Year Built
- 1923
Listing agent Mike Bretzel
Listing office Keller Williams Realty Florida Partners
Listing date May 26, 2026
Source Crexi
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 Keller Williams Realty Florida Partners
HighLights
- Updated triplex with 3 total units: two tenant‑occupied units plus one vacant unit
- Separate electric meters for the units, with tenants responsible for their own electric usage
- Front home: 3 bedrooms, large living area, and a full bath
- Rear building: upstairs private‑access 4‑bedroom unit plus a downstairs 2‑bedroom unit
- Two upgraded structures on one oversized fenced parcel with additional utility room and garage/oversized storage beneath the upper unit
Overview
Separate electric meters are in place, helping simplify utility management by keeping tenant electric responsibility separate. Two units are currently tenant occupied, while the third unit is vacant, allowing an owner to adjust rental income when desired. Additional improvements include extra utility room space and a garage/oversized storage located beneath the upper unit.
The property is positioned in a centrally located area and is described as having BP zoning, which may allow multiple potential uses. It is also presented as being just minutes from the beach and nearby major destinations including the Intracoastal Waterway, One Daytona, Daytona International Speedway, Daytona State College, Embry-Riddle, and Tanger Outlets, along with surrounding restaurants and entertainment.
Local Financial Insights For Multifamily LT 5
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 | $37.2k | $13.92 |
| − Vacancy | −$3.7k | −$1.39 |
| EGI | $33.5k | $12.53 |
| − OpEx | −$10.1k | −$3.76 |
| NOI | $23.5k | $8.77 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0285921
- Latitude
- 29.2201545
