3-Unit
New
For Sale
$650,000
436 Vermont Avenue, Daytona Beach, FL 32118
Residential Income, Daytona Beach, FL
Property Size3,300 SF
Lot Size0.11 Acres
Price / SF$196.97
Days on Market3
Property Features for 436 Vermont Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5
Exterior features
Balcony
Fencing
Fenced
Fireplace
1
Appliances
Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
Subdivision
Marshall Park
Elementary school
R J Longstreet
Middle school
Campbell
High school
Mainland
Directions
Head toward S Palmetto Ave, Turn right onto S Peninsula Dr, Turn left onto Vermont Ave, Destination will be on the right
Standard status
Active
APN
5309-13-02-0130
Size
3,300 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 13 BLK 2 MARSHALL PARK DAYTONA BEACH PER OR 4561 PG 1566 PER OR 5567 PG 0797 PER OR 7351 PG 1694 PER OR 7830 PG 3954
Tax Annual Amount
7066
Legal Description
LOT 13 BLK 2 MARSHALL PARK DAYTONA BEACH PER OR 4561 PG 1566 PER OR 5567 PG 0797 PER OR 7351 PG 1694 PER OR 7830 PG 3954
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air, Multi Units
Amenities
decks
auxiliary power connections
Building Details
Year built
1953
Floors in Building
2
Number of units
3
Roof type
Shingle
Listing Agency:
Redfin Corporation
(407) 415-7078
Listed By:
Tammy Bowen · License #3376417
(386) 690-1959
Added: Sep 29
Last Checked: Oct 1 at 8:06PM
MLS# 1231266
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 Daytona Beach triplex contains 3,300 square feet across two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath apartment. Each unit has its own entrance and utility meter. Improvements include work to the HVAC systems, ductwork, plumbing, sewer line, and water heaters, along with updated kitchen cabinetry, countertops, and appliances. Double-pane vinyl windows were installed in 2025, and replacement decks date to 2023. The exterior also has vinyl fencing, updated soffit and fascia, and auxiliary power connections at the main electrical panels.
The property occupies 0.11 acres in Daytona Beach, Florida. It was built in 1953 and is served by public sewer. The three-unit configuration supports rental operation, owner occupancy with additional units, or a multigenerational living arrangement.
The property occupies 0.11 acres in Daytona Beach, Florida. It was built in 1953 and is served by public sewer. The three-unit configuration supports rental operation, owner occupancy with additional units, or a multigenerational living arrangement.
Key Highlights
- Three units: two 2‑bedroom, 1‑bath residences and one 1‑bedroom, 1‑bath apartment
- 3,300 square feet on a 0.11‑acre lot
- Separate entrances and individual utility meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,949
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,980
$579.0K
Cap Rate 7%
$413,557
$413.6K
Cap Rate 9%
$321,656
$321.7K
Market Conditions
NOI Build-Up for 3,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.9K $13.92/SF
− Vacancy
−$4.6K −$1.39/SF
EGI
$41.4K $12.53/SF
− OpEx
−$12.4K −$3.76/SF
NOI
$28.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,980
Cap Rate 7%
$413,557
Cap Rate 9%
$321,656
Alternative Uses
Best Use
Multifamily LT 5
$413.6K
$361.9K – $482.5K
NOI $28,949 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$359.2K
$314.3K – $419.1K
NOI $25,146 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$973.0K
$851.4K – $1.14M
NOI $68,112 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
692
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
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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?
Triplex - Separate entrances and individual utility metering provide operational separation among the three units.
Where is this triplex located?
The property is located at 436 Vermont Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three units: two 2‑bedroom, 1‑bath residences and one 1‑bedroom, 1‑bath apartment; 3,300 square feet on a 0.11‑acre lot; Separate entrances and individual utility meters for each unit
