6-Unit Townhouse Apartment
For Sale
$960,000
644 NORTHERN Road, South Daytona, FL 32119
Commercial Sale, SOUTH DAYTONA, FL
Property Size8,016 SF
Lot Size0.45 Acres
Price / SF$119.76
Days on Market310
Property Features for 644 NORTHERN Road
General Information
Property type
Commercial Sale
Property subtype
Other
Appliances
Refrigerator
Subdivision
GOLF VIEW SEC 11
Directions
Beville east from Nova - right on Jacobs to Northern
Standard status
Active
APN
5329-13-19-0011
Size
8,016 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
E 139.67 FT OF LOT 1 BLK 19 GOLFVIEW SEC 11 MB 32 PG 167 PER OR 4852 PG 4281 PER OR 7000 PG 2317 PER OR 7253 PG 3409 PER OR 8250 PG 2358 PER OR 8483 PG 1146
Tax Annual Amount
13672
Legal Description
E 139.67 FT OF LOT 1 BLK 19 GOLFVIEW SEC 11 MB 32 PG 167 PER OR 4852 PG 4281 PER OR 7000 PG 2317 PER OR 7253 PG 3409 PER OR 8250 PG 2358 PER OR 8483 PG 1146
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1981
Number of units
6
Building materials
Stucco, Frame
Roof type
Built-Up
Listing Agency:
REALTY PROS ASSURED
(386) 677-7653
Listed By:
Matt Renshaw · License #692145
(386) 566-1233
Added: Dec 10, 2025
Changed: Oct 14
Last Checked: Oct 16 at 6:06PM
MLS# V4946261
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property contains 6 two-bedroom townhouse-style units within an 8,016-square-foot complex on 0.45 acres. Built in 1981, the improvements feature stucco and frame construction, central heating, central air conditioning, a built-up roof, and refrigerators. Public water and public sewer serve the property.
All units are currently leased on annual terms, with some tenants reported as long-term occupants. Residents pay their own utilities. The property is located in South Daytona, with schools, shopping, restaurants, medical services, golf courses, and the beach within the surrounding area.
All units are currently leased on annual terms, with some tenants reported as long-term occupants. Residents pay their own utilities. The property is located in South Daytona, with schools, shopping, restaurants, medical services, golf courses, and the beach within the surrounding area.
Key Highlights
- 6 two‑bedroom townhouse‑style units
- 8,016 square feet on 0.45 acres
- All units leased on annual terms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,082
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,221,640
$1.2M
Cap Rate 7%
$872,600
$872.6K
Cap Rate 9%
$678,689
$678.7K
Market Conditions
NOI Build-Up for 8,016 SF
Gross rent
$124.1K $15.48/SF
− Vacancy
−$13.0K −$1.63/SF
EGI
$111.1K $13.85/SF
− OpEx
−$50.0K −$6.23/SF
NOI
$61.1K $7.62/SF
Area
Volusia County, FL
Vacancy
10.50%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,221,640
Cap Rate 7%
$872,600
Cap Rate 9%
$678,689
Alternative Uses
Best Use
Apartment 5plus
$872.6K
$763.5K – $1.02M
NOI $61,082 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.07M – $2.76M
NOI $165,450 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
Explore this area
Business Placement
Demographics for 32119, FL
22,498
Population
12,629
Households
1.8
Avg Household Size
50
Median Age
27%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,884
Density / Sq Mi
$53,795
Median Household Income
$37,675
Median Earnings
$1,371
Median Rent
$215,200
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
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with annual leases, central climate control, and public water and sewer service.
Where is this apartment building located?
The property is located at 644 NORTHERN Road South Daytona, FL.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 6 two‑bedroom townhouse‑style units; 8,016 square feet on 0.45 acres; All units leased on annual terms
