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Individually Metered Triplex
New
For Sale
$500,000

314 UNIVERSITY Boulevard, Daytona Beach, FL 32118

Residential Income, DAYTONA BEACH, FL

Property Size2,532 SF
Lot Size0.22 Acres
Price / SF$197.47
Days on Market3

Property Features for 314 UNIVERSITY Boulevard

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning 0800
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 5, Dining Room, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2
Interior features Living Room/Dining Room Combo
Exterior features Balcony, Lighting
Fireplace 1
Appliances Range, Refrigerator
Subdivision C C POSTS ADD/EAST DAYTONA
Elementary school Beachside Elementary School
Middle school Campbell Middle
High school Mainland High School
Directions Take International Speedway/ Int'l. Airport/ Dog Track, to US-92E/W International Speedway Blv, pass Dollar Generalon the right in 4.0 mi, turn left onto Halifax Ave, Turn right onto University Blvd, follow to 314 University.
Standard status Active
APN 05-15-33-01-21-0180
Size 2,532 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax 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
Tax Annual Amount 3442
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

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1923
Floors in Building 1
Number of units 3
Building materials Stucco, Frame
Roof type Shingle
Listing Agency: COLDWELL BANKER REALTY
Listed By: Jean Louis
Added: Oct 20 Changed: Oct 22 Last Checked: Oct 22 at 11:06PM
MLS# O6451251

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This Daytona Beach triplex contains three separate residences within a 2,532-square-foot property on a 0.22-acre lot. Each unit has its own entrance and utility meter. The building dates to 1923 and includes central air conditioning, a balcony, and a fireplace.

Public water and sewer serve the property. Interior features include a combined living and dining room, and the listed appliances include a range and refrigerator.

Key Highlights

  • Three separate residences, each with its own entrance and utility meter
  • 2,532 square feet on a 0.22‑acre lot
  • 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 (±1% cap)
NOI $22,212 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$275.6K
$241.2K – $321.6K (±1% cap)
NOI $19,294 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$746.6K
$653.3K – $871.0K (±1% cap)
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

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Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences have independent entrances and utility meters.
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 separate residences, each with its own entrance and utility meter; 2,532 square feet on a 0.22‑acre lot; Built in 1923
More about this property
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