Duplex with Updated
For Sale
$249,000
317 Fairview Avenue, Daytona Beach, FL 32114
Residential Income, Daytona Beach, FL
Property Size1,646 SF
Lot Size0.10 Acres
Price / SF$151.28
Days on Market48
Property Features for 317 Fairview Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Zoning Variance
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Parking
4
Fireplace
1
Appliances
Refrigerator, Electric Water Heater, Electric Range, Electric Oven
Subdivision
Rowladers
Elementary school
Palm Terrace
Middle school
Campbell
High school
Mainland
Directions
from US1 and Fairview, head west on Fairview, property is on south side of street 2nd residential property from the US1 corner.
Standard status
Active
APN
5338-32-00-0410
Size
1,646 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
38-15-33 LOT 41 ROWLADERS 2ND ADD MB 4 PG 141 MB 15 PG 200 OF COLEMANS DAYTONA MB 1 PG 155 MB 12 PG 33 PER OR 5006 PG 0607 PER OR 6189 PG 3949 PER OR 7499 PG 4296 PER OR 7716 PG 1193
Tax Annual Amount
937
Legal Description
38-15-33 LOT 41 ROWLADERS 2ND ADD MB 4 PG 141 MB 15 PG 200 OF COLEMANS DAYTONA MB 1 PG 155 MB 12 PG 33 PER OR 5006 PG 0607 PER OR 6189 PG 3949 PER OR 7499 PG 4296 PER OR 7716 PG 1193
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Multi Units, Electric, Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1923
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Terrazzo, Wood
Building materials
Frame, Wood Siding
Roof type
Shingle
Listing Agency:
Modern Realty
(386) 253-7449
Listed By:
Cory Helgemo · License #3176067
(386) 405-2484
Added: Aug 27
Changed: Oct 2
Last Checked: Oct 13 at 5:06PM
MLS# 1230156
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 1,646-square-foot duplex, built in 1923, is configured with separate driveways and individual outdoor areas, including fenced backyard space and small porches that lead to rear entrances. The property includes public water and sewer, electric heating, window and wall/window cooling units, and a shingle roof. Appliances include refrigerators, electric water heaters, ranges, and ovens.
Business-professional zoning with a variance for duplex use creates an office-and-residential configuration: one side can accommodate a professional office while the other remains available for rental use. Recent property improvements include a roof installed in 2021, updated electric panels from 2020, a water heater installed in 2022, and exterior painting completed in 2025. The property is near downtown Daytona Beach, Main Street, and the beach.
Business-professional zoning with a variance for duplex use creates an office-and-residential configuration: one side can accommodate a professional office while the other remains available for rental use. Recent property improvements include a roof installed in 2021, updated electric panels from 2020, a water heater installed in 2022, and exterior painting completed in 2025. The property is near downtown Daytona Beach, Main Street, and the beach.
Key Highlights
- 1,646‑square‑foot duplex on a 0.1‑acre lot
- Business‑professional zoning with a variance for duplex use
- Roof installed in 2021; electric panels updated in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,440
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,646 SF
Gross rent
$22.9K $13.92/SF
− Vacancy
−$2.3K −$1.39/SF
EGI
$20.6K $12.53/SF
− OpEx
−$6.2K −$3.76/SF
NOI
$14.4K $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%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Multifamily LT 5
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$179.2K
$156.8K – $209.1K
NOI $12,543 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$485.3K
$424.7K – $566.2K
NOI $33,973 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,424
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with occupants, separate driveways, fenced outdoor areas, and business-professional zoning with a duplex variance.
Where is this duplex located?
The property is located at 317 Fairview Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,646‑square‑foot duplex on a 0.1‑acre lot; Business‑professional zoning with a variance for duplex use; Roof installed in 2021; electric panels updated in 2020
