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Daytona Beach Multifamily Investment

900 S Peninsula Drive Daytona Beach, FL 32118

900 S Peninsula Drive, Daytona Beach, FL, 32118
$2,350,000
For Sale
$2,350,000

MULTI_FAMILY - Daytona Beach, FL

Property Size841 SF
Lot Size1.38 Acres
Price / SF$2,794
Days on Market55

Property Features for 900 S Peninsula Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
0400 - CONDO
Parking
20
Standard status
Active
APN
530958000250
Size
841 SF
Lot size
1.38 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
HARBOURSIDE SUNSETS CONDO
Tax Annual Amount
23293

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1972
Floors in Building
3
Number of units
18
Flooring type
Tile, Carpet
Roof type
Concrete
Listing Agency FPB Investment Properties, Inc
515 N Flagler Dr No. 350, West Palm Beach, FL
Listed by Roman Fischer · License #3284948
Added: May 25 Checked: Jul 18 at 7:06 pm
MLS# B26032628

Copyright © 2026 BeachesMLS. 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 is an opportunity to acquire 18 units in a 39-unit building. The property is a waterfront property with immediate access to beaches and a private boat dock. All units feature 2 bedrooms and 1 bathroom with central AC. The roofs were replaced in 2019. The building is constructed of concrete block. Situated in Daytona Beach, the property provides access to attractions, dining, shopping, and hospitals. Daytona Beach has an International Airport and hosts year-round festivals and events, including the Daytona 500 NASCAR race. The lot size is 1.38 acres. The property size is 841 square feet. The zoning is 0400 - CONDO.

Key Highlights

  • Waterfront property with immediate access to premier beaches and a private boat dock.
  • Value‑add opportunity to acquire 18 units in a 39‑unit building under $150 per sq.ft. with substantial upside.
  • Currently at 6% cap rate.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Newport Apartments Apartment Building HEAVILY MEDICATED PRODUCTIONS ... Recording Studio

Suggested Use

Dental Office Nail Salon Auto Parts Store Storage Facility Garden Center Pharmacy Hair Salon Kitchen & Bath Showroom Daycare Center Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 18-unit value-add opportunity near Daytona Beach waterfront.
Where is this apartment building located?
The property is located at 900 S Peninsula Drive Daytona Beach, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Waterfront property with immediate access to premier beaches and a private boat dock.; Value‑add opportunity to acquire 18 units in a 39‑unit building under $150 per sq.ft. with substantial upside.; Currently at 6% cap rate.
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