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Updated Triplex Investment Opportunity

314 Cottrill Avenue Daytona Beach, FL 32114

314 Cottrill Avenue, Daytona Beach, FL, 32114
$365,000
For Sale
Claim this Listing
$365,000

MULTI_FAMILY - Daytona Beach, FL

Property Size2,478 SF
Lot Size0.13 Acres
Price / SF$147.30
AddedMay 26
Days on Market51
Last RefreshJul 15 at 7:06 am

Property Features for 314 Cottrill Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
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
Window Unit(s), Wall/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

Listing office Keller Williams Realty Florida Partners 3510 S Nova Rd Suite 112, Port Orange, FL

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Triplex with 3 units: 3‑bedroom front home, upstairs 4‑bedroom rear unit with private access, and downstairs 2‑bedroom rear unit
  • Two units are tenant occupied and the third unit is vacant
  • Separate electric meters for the units (tenants responsible for their own electric usage)

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 (±1% cap)
NOI $21,738 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$269.7K
$236.0K – $314.7K (±1% cap)
NOI $18,882 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$730.7K
$639.3K – $852.4K (±1% cap)
NOI $51,146 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Garden Center Acupuncture Pet Grooming Service Catering Service (Bike/Boat/Book/etc) Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

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: Triplex with 3 units: 3‑bedroom front home, upstairs 4‑bedroom rear unit with private access, and downstairs 2‑bedroom rear unit; Two units are tenant occupied and the third unit is vacant; Separate electric meters for the units (tenants responsible for their own electric usage)
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