9-Unit Apartment
For Sale
$850,000
708 E Intl Speedway Boulevard, Daytona Beach, FL 32118
Residential Income, Daytona Beach, FL
Property Size3,195 SF
Lot Size0.11 Acres
Price / SF$266.04
Days on Market81
Property Features for 708 E Intl Speedway Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
10
Full bathrooms
9
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 4, Bedroom 10, Bathroom 1, Bathroom 7, Bathroom 10, Bedroom 7, Bedroom 4, Bedroom 5, Bathroom 5, Bathroom 2, Bedroom 8, Bedroom 1, Bedroom 6, Bedroom 9, Bathroom 9, Bathroom 6, Bathroom 8, Bedroom 2, Bathroom 3
Parking features
Assigned
Appliances
Refrigerator, Gas Range
Subdivision
Davis Daytona Beach
Lot features
Flag Lot
View
Ocean
Directions
From I-95 and ISB take International Speedway Blvd. East. Turn Right at 708 E ISB
Standard status
Active
APN
5309-09-04-0160
Size
3,195 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 16 EXC E 37.38 FT ON N LINE OF N 80.6 FT ON E LINE BLK 4 DAVIS DAYTONA BEACH PER OR 4318 PG 2500 PER OR 8016 PG 1466 PER OR 8261 PG 2499
Tax Annual Amount
12222
Legal Description
LOT 16 EXC E 37.38 FT ON N LINE OF N 80.6 FT ON E LINE BLK 4 DAVIS DAYTONA BEACH PER OR 4318 PG 2500 PER OR 8016 PG 1466 PER OR 8261 PG 2499
Utilities
Sewer type
Public Sewer
Heating system
Varies by Unit (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s), Multi Units
Water source
Public
Building Details
Year built
1920
Number of units
9
Building materials
Block
Listing Agency:
Oceans Luxury Realty Full Service LLC
(386) 236-3700
Listed By:
Mike Bretzel
(386) 631-5757
Added: Aug 1
Changed: Oct 2
Last Checked: Oct 20 at 12:06AM
MLS# 1229221
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 9-unit apartment building contains 3,195 square feet on a 0.11-acre parcel and was built in 1920. The property is fully occupied and includes a mix of unit sizes, assigned parking, public water, and public sewer. Construction is block, with cooling provided by wall and window units that vary by apartment. Refrigerators and gas ranges are included.
A new roof was installed in 2023, and the sewer pipe and sewer line have been replaced. Most apartments feature tile flooring, tiled bathrooms, and updated finishes. The property sits one block from the Atlantic Ocean in Daytona Beach, with restaurants, shopping, entertainment, and nightlife nearby.
A new roof was installed in 2023, and the sewer pipe and sewer line have been replaced. Most apartments feature tile flooring, tiled bathrooms, and updated finishes. The property sits one block from the Atlantic Ocean in Daytona Beach, with restaurants, shopping, entertainment, and nightlife nearby.
Key Highlights
- 9‑unit apartment building with 3,195 square feet on 0.11 acres
- Fully occupied property with assigned parking
- New roof installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,346
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,920
$486.9K
Cap Rate 7%
$347,800
$347.8K
Cap Rate 9%
$270,511
$270.5K
Market Conditions
NOI Build-Up for 3,195 SF
Gross rent
$49.5K $15.48/SF
− Vacancy
−$5.2K −$1.63/SF
EGI
$44.3K $13.85/SF
− OpEx
−$19.9K −$6.23/SF
NOI
$24.3K $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%
$486,920
Cap Rate 7%
$347,800
Cap Rate 9%
$270,511
Alternative Uses
Best Use
Apartment 5plus
$347.8K
$304.3K – $405.8K
NOI $24,346 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$942.1K
$824.3K – $1.10M
NOI $65,945 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
9
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property one block from the Atlantic Ocean with updated interiors and major infrastructure improvements.
Where is this apartment building located?
The property is located at 708 E Intl Speedway Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 9‑unit apartment building with 3,195 square feet on 0.11 acres; Fully occupied property with assigned parking; New roof installed in 2023
