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Multifamily Near Daytona Beach Bandshell
For Sale
Contact for pricing
Pending

611 Ora St, Daytona Beach, FL 32118

Six-unit multifamily property near the Atlantic Ocean.

Property SizeContact for details
Days on Market799

Property Features for 611 Ora St

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Units 6
Listing Agency: Coldwell Banker Premier Properties Ormond Beach
Listed By: Navin Khemlani · License #SL3225585
Source: Crexi
Added: Jun 26, 2024 Changed: Aug 13 Last Checked: Aug 30 at 11:02PM

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 Coldwell Banker Premier Properties Ormond Beach

Investment Insights

Based on property information with market context.

This multifamily property features six one-bedroom, one-bathroom units divided into two buildings. The property is located near the Atlantic Ocean, Ocean Walk Village & Shoppes, Daytona Lagoon, and the Daytona Beach Bandshell, providing access to dining, shopping, entertainment, and cultural events. Situated in an area of growth with new hotel constructions on Atlantic Avenue, the property offers rental income and future appreciation potential. It is also close to major highways and public transportation. This property is suitable for expanding an investment portfolio or seeking a stable income stream.

Key Highlights

  • Six one‑bed, one‑bath units offering immediate rental income.
  • Prime location steps from the Atlantic Ocean, Ocean Walk Village & Shoppes, Daytona Lagoon, and the Daytona Beach Bandshell.
  • Significant future appreciation potential in a burgeoning area of growth with new hotel constructions.

Property Analytics

Current Use

Arbor Barber Tree ... Landscaping

Suggested Use

Top Pick Dental Office Garden Center Locksmith Daycare Center (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,160
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property near the Atlantic Ocean.
Where is this apartment building located?
The property is located at 611 Ora St Daytona Beach, FL.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Six one‑bed, one‑bath units offering immediate rental income.; Prime location steps from the Atlantic Ocean, Ocean Walk Village & Shoppes, Daytona Lagoon, and the Daytona Beach Bandshell.; Significant future appreciation potential in a burgeoning area of growth with new hotel constructions.
More about this property
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