4-Unit Quadplex with
For Sale
$425,000
322 Bellevue Avenue, Daytona Beach, FL 32114
Each residence has one bedroom, one bath, and private outdoor space.
Property Size1,752 SF
Price / SF$242.58
Days on Market103
Property Features for 322 Bellevue Avenue
General Information
Standard status
Active
Size
1,752 SF
Property subtype
Quadruplex
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$6,869
Amenities
private balcony or porch
Building Details
Building Size
1,752 SF
Year Built
1910
Listing Agency:
Tall Gates Property Management & Sales LLC
Listed By:
Sue Marzello
(386) 846-2660
Source:
Marlinrealtygroup
Added: Jul 21
Changed: Oct 29
Last Checked: Oct 29 at 2:42PM
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 Tall Gates Property Management & Sales LLC
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Investment Insights
Based on property information with market context.
Built in 1910, this 1,752-square-foot quadplex contains four one-bedroom, one-bath apartments. Each residence has a private balcony or porch at both the front and rear, providing outdoor space for occupants. On-site parking serves the property.
The building is in Daytona Beach near the beach and local restaurants, with coastal activities and dining nearby.
The building is in Daytona Beach near the beach and local restaurants, with coastal activities and dining nearby.
Key Highlights
- Four one‑bedroom, one‑bath apartments
- 1,752 square feet; built in 1910
- Private balcony or porch at the front and rear of each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,369
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,380
$307.4K
Cap Rate 7%
$219,557
$219.6K
Cap Rate 9%
$170,767
$170.8K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$24.4K $13.92/SF
− Vacancy
−$2.4K −$1.39/SF
EGI
$22.0K $12.53/SF
− OpEx
−$6.6K −$3.76/SF
NOI
$15.4K $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%
$307,380
Cap Rate 7%
$219,557
Cap Rate 9%
$170,767
Alternative Uses
Best Use
Multifamily LT 5
$219.6K
$192.1K – $256.2K
NOI $15,369 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$190.7K
$166.9K – $222.5K
NOI $13,350 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$516.6K
$452.0K – $602.7K
NOI $36,161 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has one bedroom, one bath, and private outdoor space.
Where is this quadplex located?
The property is located at 322 Bellevue Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath apartments; 1,752 square feet; built in 1910; Private balcony or porch at the front and rear of each apartment
