Updated Triplex Investment
314 Cottrill Avenue, Daytona Beach, FL 32114
New
MULTI_FAMILY - Daytona Beach, FL
Property size:
2,478 SFLot size:
0.13 AcresPrice / SF:
$147/SF- Added:
- May 26, 2026
- Days on Market:
- 5
- Last Refresh:
- May 30 at 11:06 pm
Property Features for 314 Cottrill Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 9, Bathroom 3, Bathroom 1, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 8
- Parking features
- Off Street, Guest, RV
- Exterior features
- Balcony
- Fencing
- Fenced
- Appliances
- Refrigerator, Electric Water Heater, Electric Range
- Standard status
- Active
- APN
- 5338-54-00-0050
- Size
- 2,478 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 38-15-33 LOT 5 COTTRILL SUB MB 6 PG 155 MB 15 PG 111 OF COLEMANS DAYTONA MB 1 PG 155 MB 12 PG 33 PER OR 4529 PG 2228 PER OR 6997 PGS 4583-4584 PER OR 7143 PG 3092 PER OR 8056 PG 2018 PER OR 8273 PG 2707 PER OR 8290 PG 0340 PER OR 8547 PG 3070
- Tax Annual Amount
- 4921
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1923
- Number of units
- 3
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Mike Bretzel (386) 631-5757
Listing office Keller Williams Realty Florida Partners 3510 S Nova Rd Suite 112, Port Orange, FL (386) 944-2800
Listing date May 26, 2026
MLS# 1226873
Listing URL
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey triplex investment with strong income potential and impressive monthly cash flow.
- High‑potential BP zoning allows for multiple uses and future upside.
- Two upgraded structures on one oversized, fenced parcel.
- Separate electric meters simplify management; tenants pay their own electric.
- Vacant unit provides immediate opportunity to increase rental income.
- Prime location minutes from the beach, Intracoastal Waterway, One Daytona, Daytona International Speedway, Daytona State College, Embry‑Riddle, Tanger Outlets, restaurants, and entertainment.
Overview
This updated multi-unit property presents a turnkey triplex investment opportunity with strong income potential. The property features two upgraded structures situated on an oversized, fenced parcel. The property's BP zoning allows for multiple potential uses. Currently, two units are tenant-occupied, while the third vacant unit offers the opportunity to increase rental income. Separate electric meters simplify management, with tenants responsible for their own electric usage. The front home includes 3 bedrooms, a large living area, and a full bath. The rear building contains an upstairs private-access 4-bedroom unit and a downstairs 2-bedroom unit. An additional utility room and a garage/oversized storage area are located beneath the upper unit. The property is located minutes from the beach, Intracoastal Waterway, One Daytona, Daytona International Speedway, Daytona State College, Embry-Riddle, Tanger Outlets, restaurants, and entertainment. The property is located in Daytona Beach, Florida, in Volusia County. The lot size is 0.13 acres, and the property size is 2478 square feet.
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 | $34.5k | $13.92 |
| − Vacancy | −$3.4k | −$1.39 |
| EGI | $31.1k | $12.53 |
| − OpEx | −$9.3k | −$3.76 |
| NOI | $21.7k | $8.77 |
2,478 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.3K
NOI $21,738 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$269.7K
$236.0K – $314.7K
NOI $18,882 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$730.7K
$639.3K – $852.4K
NOI $51,146 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.028609
- Latitude
- 29.220196
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Turnkey triplex with strong income potential near Daytona Beach.
Where is this triplex located?
The property is located at 314 Cottrill Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Turnkey triplex investment with strong income potential and impressive monthly cash flow.; High‑potential BP zoning allows for multiple uses and future upside.; Two upgraded structures on one oversized, fenced parcel.
