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Duplex with Separate Meters
For Sale
$285,000

533 Eastwood Lane, Daytona Beach, FL 32118

Residential Income, Daytona Beach, FL

Property Size1,290 SF
Lot Size0.11 Acres
Price / SF$220.93
Days on Market50

Property Features for 533 Eastwood Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
Appliances Refrigerator, Electric Water Heater, Electric Oven
Subdivision Hustons
View Ocean
Directions East on International Blvd to Right on A1A to Right on Eastwood Lane. Home is second on right.
Standard status Active
APN 5309-15-01-0221
Size 1,290 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 09-15-33 A PORTION OF S 1/2 OF LOT 22 BLK 1 HUSTONS DAYTONA BEACH DB P PG 583 MB 14 PG 42 AS DESCRIBED IN OR 6880 PG 779 PER OR 1852 PG 0914 PER OR 4494 PG 0086 PER OR 6423 PG 2163 PER OR 6423 PG 2164 PER OR 6880 PG 0779
Tax Annual Amount 3851
Legal Description 09-15-33 A PORTION OF S 1/2 OF LOT 22 BLK 1 HUSTONS DAYTONA BEACH DB P PG 583 MB 14 PG 42 AS DESCRIBED IN OR 6880 PG 779 PER OR 1852 PG 0914 PER OR 4494 PG 0086 PER OR 6423 PG 2163 PER OR 6423 PG 2164 PER OR 6880 PG 0779

Utilities

Sewer type Public Sewer
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1948
Floors in Building 2
Number of units 2
Flooring type Tile
Building materials Block
Roof type Shingle
Listing Agency: Local Living Realty Group
Listed By: Tonya Montisano
Added: Sep 4 Changed: Oct 18 Last Checked: Oct 23 at 4:06PM
MLS# 1230480

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.

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Investment Insights

Based on property information with market context.

This 1,290-square-foot duplex, built in 1948, contains two separate residences on a 0.11-acre lot. The upper unit has one bedroom, one bathroom, a living area, and a kitchen; the lower unit includes two bedrooms, one bathroom, a living area, and a kitchen. Each residence has a garage and two designated parking spaces. Electric and water are separately metered, and the property is city-approved as a rental. Both units are occupied under month-to-month arrangements.

The property is one home from A1A and within walking distance of the beach. Daytona International Speedway is approximately 25 minutes away.

Key Highlights

  • Two‑unit layout: upper residence has 1 bedroom and 1 bathroom; lower residence has 2 bedrooms and 1 bathroom
  • 1,290 square feet on a 0.11‑acre lot
  • Separate electric and water meters; city‑approved rental

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,317
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,340 $226.3K
Cap Rate 7%
$161,671 $161.7K
Cap Rate 9%
$125,744 $125.7K
Market Conditions
NOI Build-Up for 1,290 SF
Gross rent
$18.0K $13.92/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$16.2K $12.53/SF
− OpEx
−$4.8K −$3.76/SF
NOI
$11.3K $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%
$226,340
Cap Rate 7%
$161,671
Cap Rate 9%
$125,744

Alternative Uses

Best Use
Multifamily LT 5
$161.7K
$141.5K – $188.6K (±1% cap)
NOI $11,317 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$140.4K
$122.9K – $163.8K (±1% cap)
NOI $9,830 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$380.4K
$332.8K – $443.8K (±1% cap)
NOI $26,626 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

502
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?
Duplex - Two occupied residences have independent electric and water meters, garages, and designated parking.
Where is this duplex located?
The property is located at 533 Eastwood Lane Daytona Beach, FL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit layout: upper residence has 1 bedroom and 1 bathroom; lower residence has 2 bedrooms and 1 bathroom; 1,290 square feet on a 0.11‑acre lot; Separate electric and water meters; city‑approved rental
More about this property
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