4-Unit Multifamily
For Sale
$339,900
415 VERMONT Avenue, Daytona Beach, FL 32118
Residential Income, DAYTONA BEACH, FL
Property Size2,540 SF
Lot Size0.17 Acres
Price / SF$133.82
Days on Market119
Property Features for 415 VERMONT Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RES < 10
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 4, Bathroom 4, Family Room, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 3, Bedroom 2
Interior features
Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
Exterior features
Fence, Private Entrance, Private Mailbox, Private Yard, Sidewalk
Fencing
Fenced
Fireplace
1
Subdivision
MARSHALL PARK DAYTONA BEACH
Directions
From I-95: Take exit 261 (LPGA Blvd) or exit 256 (International Speedway Blvd) east toward Daytona Beach. Head east on International Speedway Blvd (US-92) toward the beach. Turn north on Nova Road or Ridgewood Ave, then navigate to Vermont Ave and head east to 415.
Standard status
Active
APN
09-15-33-13-01-0090
Size
2,540 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E 1/2 OF LOT 8 & LOT 9 BLK 1 MARSHALL PARK DAYTONA BEACH PER OR 3563 PG 0013 PER OR 7142 PG 1294
Tax Annual Amount
6683
Legal Description
E 1/2 OF LOT 8 & LOT 9 BLK 1 MARSHALL PARK DAYTONA BEACH PER OR 3563 PG 0013 PER OR 7142 PG 1294
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating), Ductless (Heating)
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1908
Building materials
Frame, Wood Siding
Roof type
Shingle
Listing Agency:
SLOANE REALTY, LLC
(407) 829-2418
Listed By:
Matt White
(407) 758-3166
Added: Jun 24
Changed: Oct 20
Last Checked: Oct 20 at 11:06AM
MLS# O6419103
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 4-unit multifamily property contains 2,540 square feet on a 0.17-acre parcel. Built in 1908, the frame-and-wood-sided building has public water and sewer service. Each residence has its own electric meter. Two units are vacant, while the other two are occupied on month-to-month leases. The property also includes a detached one-car garage and is being offered in as-is condition.
At 415 Vermont Avenue in Daytona Beach, the property is two blocks from the ocean. Its zoning is RES < 10. The four-unit use is legally nonconforming; under the cited city ordinance, total destruction would require reconstruction as a single-family residence. The property does not qualify for FHA or conventional multifamily financing.
At 415 Vermont Avenue in Daytona Beach, the property is two blocks from the ocean. Its zoning is RES < 10. The four-unit use is legally nonconforming; under the cited city ordinance, total destruction would require reconstruction as a single-family residence. The property does not qualify for FHA or conventional multifamily financing.
Key Highlights
- Four‑unit property with 2,540 square feet on 0.17 acres
- Two units are vacant; the other two have month‑to‑month tenants
- Detached one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,282
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,640
$445.6K
Cap Rate 7%
$318,314
$318.3K
Cap Rate 9%
$247,578
$247.6K
Market Conditions
NOI Build-Up for 2,540 SF
Gross rent
$35.4K $13.92/SF
− Vacancy
−$3.5K −$1.39/SF
EGI
$31.8K $12.53/SF
− OpEx
−$9.5K −$3.76/SF
NOI
$22.3K $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%
$445,640
Cap Rate 7%
$318,314
Cap Rate 9%
$247,578
Alternative Uses
Best Use
Multifamily LT 5
$318.3K
$278.5K – $371.4K
NOI $22,282 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$276.5K
$241.9K – $322.6K
NOI $19,355 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$748.9K
$655.3K – $873.8K
NOI $52,426 @ 7.0% cap · market cap 15.42%
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
757
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences are separately metered, and a detached garage adds another functional space to the property.
Where is this quadplex located?
The property is located at 415 VERMONT Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Four‑unit property with 2,540 square feet on 0.17 acres; Two units are vacant; the other two have month‑to‑month tenants; Detached one‑car garage
