Quadplex with Corner Lot
600 S SEGRAVE STREET Daytona Beach, FL 32114
600 S SEGRAVE STREET, Daytona Beach, FL, 32114
$449,000
For Sale
$449,000
Quadruplex - DAYTONA BEACH, FL
Property Size2,016 SF
Lot Size0.20 Acres
Price / SF$222.72
Days on Market76
Property Features for 600 S SEGRAVE STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- MFR <10 UN
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Interior features
- Open Floorplan, Thermostat
- Exterior features
- Sidewalk
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 5339-48-00-0010
- Size
- 2,016 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5702
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Number of units
- 1
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
ADAMS, CAMERON & CO., REALTORS
(386) 445-5595
20 Airport Rd, Daytona Beach, FL
Listed by
Kristin Petersen · License #0583049
(386) 453-6930
Added: May 4 Checked: Jul 18 at 1:06 am
MLS# FC318287
Listing URL
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.
Investment Insights
Based on property information with market context.
This solid block-construction quadplex offers four spacious 1-bedroom, 1-bath units. Each unit is described as having a functional open-concept layout. The property has multiple recent capital updates, including a brand-new roof in 2025, updated bathroom vanities in 2022, and new stoves and refrigerators in Units 1 and 4 in 2022.
The property is situated on a corner lot with additional parking and is positioned in the South Daytona corridor. The listing notes strong workforce housing demand associated with proximity to Daytona Beach, major employers, shopping, dining, and several nearby colleges and universities.
For tenants, this configuration supports independent, single-occupant living in multiple units within one building. For buyers and operators, the asset is presented as value-add due to rents being described as materially below prevailing South Daytona market rates, along with an indicated history of consistent occupancy over multiple years. Overall, it’s positioned as an opportunity to acquire a fully occupied income-producing multifamily property with continued improvement capacity through stabilization and routine unit updates already underway.
The property is situated on a corner lot with additional parking and is positioned in the South Daytona corridor. The listing notes strong workforce housing demand associated with proximity to Daytona Beach, major employers, shopping, dining, and several nearby colleges and universities.
For tenants, this configuration supports independent, single-occupant living in multiple units within one building. For buyers and operators, the asset is presented as value-add due to rents being described as materially below prevailing South Daytona market rates, along with an indicated history of consistent occupancy over multiple years. Overall, it’s positioned as an opportunity to acquire a fully occupied income-producing multifamily property with continued improvement capacity through stabilization and routine unit updates already underway.
Key Highlights
- 4‑unit multifamily block construction with functional open‑concept layouts and four 1‑bedroom, 1‑bath units
- Consistent occupancy history reported over multiple years
- Brand‑new shingle roof installed in 2025
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $13.92 |
| − Vacancy | −$2.8k | −$1.39 |
| EGI | $25.3k | $12.53 |
| − OpEx | −$7.6k | −$3.76 |
| NOI | $17.7k | $8.77 |
2,016 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$252.6K
$221.1K – $294.8K
NOI $17,685 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$219.5K
$192.0K – $256.0K
NOI $15,362 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$594.4K
$520.1K – $693.5K
NOI $41,610 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Solid 4-unit multifamily on a corner lot with four 1-bedroom, 1-bath layouts and recent interior and exterior updates.
Where is this quadplex located?
The property is located at 600 S SEGRAVE STREET Daytona Beach, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 4‑unit multifamily block construction with functional open‑concept layouts and four 1‑bedroom, 1‑bath units; Consistent occupancy history reported over multiple years; Brand‑new shingle roof installed in 2025
