3-Unit Triplex with Separate
For Sale
$500,000
314 UNIVERSITY BOULEVARD, Daytona Beach, FL 32118
Two two-bedroom homes and a one-bedroom apartment have individually metered utilities and independent access.
Property Size2,532 SF
Price / SF$197.47
Days on Market12
Property Features for 314 UNIVERSITY BOULEVARD
General Information
Standard status
Active
Size
2,532 SF
Property subtype
Triplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Individually Metered Utilities
unspecified utilities
Amenities
0.22 acres, Dimensions: 75x125
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 05-15-33-01-21-0180, Public Survey Range: 33E, Public Survey Section: 05, Annual Amount: $3,441.61, Tax Block: 21, Tax Book Number: 2-71, Legal Description: LOT 18 BLK 21 EAST DAYTONA MB 2 PG 106 PER OR 4970 PG 1384 PER OR 5681 PG 1605 PER OR 6509 PG 0533 PER OR 6568 PG 0046 PER OR 6771 PG 0938 PER OR 7240 PG 0920 PER OR 7713 PG 4251, Lot: 18, Year: 2026, Zoning: 0800
Central Air
Electric
Inside
Listing ID: MFRO6451251, Standard Status: Active, MLS Status: Active, Property Subtype: Triplex, On market as of 2026-10-20, 6 days on market, Special Conditions: None
Elementary School: Beachside Elementary School, Middle School: Campbell Middle, High School: Mainland High School
7 total bedrooms
Built in 1923, Living area: 2532, Living area units: Square Feet, Levels: One, Construction Materials: Stucco, Frame
Subdivision: C C POSTS ADD/EAST DAYTONA, MLS Area (Major): 32118 - Daytona Beach/Holly Hill, County/Parish: Volusia
3 total bathrooms
Public, Water Source: Public
Living Room
Crawlspace
Road Surface: Paved
Balcony, Lighting
Living Room/Dining Room Combo
Smoke Detector(s)
Range, Refrigerator
Building Details
Year Built
1923
Listing Agency:
COLDWELL BANKER REALTY
(407) 696-8000
Listed By:
Jean Louis · License #3497632
(407) 683-6829
Source:
Miharaandassociates
Added: Oct 20
Changed: Oct 29
Last Checked: Oct 30 at 3:10PM
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 COLDWELL BANKER REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1923, this triplex contains three separate residences: two with two bedrooms and one bathroom each, plus a one-bedroom, one-bath apartment. Each residence has its own entrance and individually metered utilities.
The property is minutes from Daytona Beach beaches, colleges, shopping, dining, and major highways. Walk Score is 50, Bike Score is 85, and Transit Score is 29.
The property is minutes from Daytona Beach beaches, colleges, shopping, dining, and major highways. Walk Score is 50, Bike Score is 85, and Transit Score is 29.
Key Highlights
- Three residences: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath apartment
- Separate entrances and individually metered utilities for each unit
- Built in 1923
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,212
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,240
$444.2K
Cap Rate 7%
$317,314
$317.3K
Cap Rate 9%
$246,800
$246.8K
Market Conditions
NOI Build-Up for 2,532 SF
Gross rent
$35.2K $13.92/SF
− Vacancy
−$3.5K −$1.39/SF
EGI
$31.7K $12.53/SF
− OpEx
−$9.5K −$3.76/SF
NOI
$22.2K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,240
Cap Rate 7%
$317,314
Cap Rate 9%
$246,800
Alternative Uses
Best Use
Multifamily LT 5
$317.3K
$277.7K – $370.2K
NOI $22,212 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$275.6K
$241.2K – $321.6K
NOI $19,294 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$746.6K
$653.3K – $871.0K
NOI $52,260 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
Explore this area
Business Placement
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two two-bedroom homes and a one-bedroom apartment have individually metered utilities and independent access.
Where is this triplex located?
The property is located at 314 UNIVERSITY BOULEVARD Daytona Beach, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three residences: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath apartment; Separate entrances and individually metered utilities for each unit; Built in 1923
