Four-Unit Block Construction
For Sale
$434,000
Pending
600 S SEGRAVE, Daytona Beach, FL 32114
Corner-lot multifamily property with open-concept layouts and recent capital improvements.
Property Size2,016 SF
Days on Market58
Property Features for 600 S SEGRAVE
General Information
Standard status
Pending
Size
2,016 SF
Property subtype
Investment
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,702
Building Details
Building Size
2,016 SF
Year Built
1986
Construction
block-construction
Listing Agency:
Adams, Cameron & Co., Realtors
Listed By:
Kristin Petersen · License #0583049
(386) 453-6930
Source:
Elliman
Added: Aug 13
Changed: Sep 26
Last Checked: Oct 7 at 1:37PM
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 Adams, Cameron & Co., Realtors
Investment Insights
Based on property information with market context.
This four-unit quadplex is built with solid block construction and includes four one-bedroom, one-bath residences. Each unit features an open-concept layout. The property was built in 1986 and has maintained consistent occupancy over multiple years, with current occupancy described as full.
Recent improvements include a brand-new roof completed in 2025, updated bathroom vanities installed in 2022, and new stoves and refrigerators in Units 1 and 4, also completed in 2022. Positioned on a corner lot, the property includes additional parking and is located at 600 S Segrave in Daytona Beach, Florida. The surrounding context includes nearby employers, shopping, dining, Daytona Beach, and several colleges and universities.
Recent improvements include a brand-new roof completed in 2025, updated bathroom vanities installed in 2022, and new stoves and refrigerators in Units 1 and 4, also completed in 2022. Positioned on a corner lot, the property includes additional parking and is located at 600 S Segrave in Daytona Beach, Florida. The surrounding context includes nearby employers, shopping, dining, Daytona Beach, and several colleges and universities.
Key Highlights
- Four‑unit quadplex with four 1‑bedroom, 1‑bath units
- Solid block construction; built in 1986
- Brand‑new roof completed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,685
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,700
$353.7K
Cap Rate 7%
$252,643
$252.6K
Cap Rate 9%
$196,500
$196.5K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$28.1K $13.92/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$25.3K $12.53/SF
− OpEx
−$7.6K −$3.76/SF
NOI
$17.7K $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%
$353,700
Cap Rate 7%
$252,643
Cap Rate 9%
$196,500
Alternative Uses
Best Use
Multifamily LT 5
$252.6K
$221.1K – $294.8K
NOI $17,685 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$219.5K
$192.0K – $256.0K
NOI $15,362 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$594.4K
$520.1K – $693.5K
NOI $41,610 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
831
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Corner-lot multifamily property with open-concept layouts and recent capital improvements.
Where is this quadplex located?
The property is located at 600 S SEGRAVE Daytona Beach, FL.
What is the asking price?
The asking price for this property is $434,000.
What are key features of this property?
This property features: Four‑unit quadplex with four 1‑bedroom, 1‑bath units; Solid block construction; built in 1986; Brand‑new roof completed in 2025
