Townhouse Triplex with Private
For Sale
$499,000
814 N Halifax Ave, Daytona Beach, FL 32118
Three two-bedroom apartments offer full kitchens, in-unit laundry areas, designated parking, and gated outdoor space.
Property Size3,360 SF
Price / SF$148.51
Days on Market93
Property Features for 814 N Halifax Ave
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Multi-Family
Building Details
Year Built
1983
Buildings
2
Listing Agency:
Keller Williams Realty Florida Partners
Listed By:
Ron Wysocarski
(386) 871-7697
Source:
Ronsellsthebeach
Added: Jul 17
Changed: Oct 16
Last Checked: Oct 16 at 8:56AM
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 Keller Williams Realty Florida Partners
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Investment Insights
Based on property information with market context.
Located at 814 N Halifax Ave in Daytona Beach, this 1983 townhouse triplex contains three apartments within 3,360 square feet. Each residence has two bedrooms, 1.5 bathrooms, a full kitchen, a living room, and a laundry area with a washer and dryer. Fenced, gated back yards and privately designated parking are provided for each unit.
The building uses one water meter and separate electric meters for the apartments. One unit is vacant and available for showings, while the other two are occupied under month-to-month leases. The property is offered together with the neighboring triplex at 818 N Halifax Ave; the two properties are listed separately but must be purchased as a pair.
The building uses one water meter and separate electric meters for the apartments. One unit is vacant and available for showings, while the other two are occupied under month-to-month leases. The property is offered together with the neighboring triplex at 818 N Halifax Ave; the two properties are listed separately but must be purchased as a pair.
Key Highlights
- Three apartments, each with 2 bedrooms and 1.5 bathrooms
- 3,360‑square‑foot townhouse triplex built in 1983
- Full kitchen, living room, and washer and dryer in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,476
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,520
$589.5K
Cap Rate 7%
$421,086
$421.1K
Cap Rate 9%
$327,511
$327.5K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$46.8K $13.92/SF
− Vacancy
−$4.7K −$1.39/SF
EGI
$42.1K $12.53/SF
− OpEx
−$12.6K −$3.76/SF
NOI
$29.5K $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%
$589,520
Cap Rate 7%
$421,086
Cap Rate 9%
$327,511
Alternative Uses
Best Use
Multifamily LT 5
$421.1K
$368.5K – $491.3K
NOI $29,476 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$365.8K
$320.0K – $426.7K
NOI $25,603 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$990.7K
$866.9K – $1.16M
NOI $69,350 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
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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?
Triplex - Three two-bedroom apartments offer full kitchens, in-unit laundry areas, designated parking, and gated outdoor space.
Where is this triplex located?
The property is located at 814 N Halifax Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1.5 bathrooms; 3,360‑square‑foot townhouse triplex built in 1983; Full kitchen, living room, and washer and dryer in every unit
