Two-Unit Duplex with New
For Sale
$249,000
Pending
909 Winchester St, Daytona Beach, FL 32114
Residential duplex with separate units, including an upstairs three-bedroom, two-bath residence and covered laundry area.
Property Size1,792 SF
Days on Market49
Property Features for 909 Winchester St
General Information
Standard status
Pending
Size
1,792 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 618 sq ft, 1 x 3BR/2BA 960 sq ft
Multifamily Units
2
Amenities
outside covered laundry
storage
Building Details
Year Built
1941
Listing Agency:
Keller Williams Realty Florida Partners
Listed By:
Ron Wysocarski
(386) 871-7697
Source:
Ronsellsthebeach
Added: Aug 30
Changed: Oct 16
Last Checked: Oct 16 at 9:23AM
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.
This Daytona Beach duplex contains two residential units totaling 1,792 square feet. The 909 Winchester unit is a 618 Sq Ft house and is currently tenant occupied. The 911 Winchester unit is a 960 Sq Ft upstairs residence with three bedrooms and two baths. Lower-level space at 911 Winchester can be used for storage.
Property improvements include a roof installed in 2023, 13 new windows at 911 Winchester, fresh paint, tile flooring, and a new AC wall unit at 911 Winchester. The property also includes covered laundry outside the 911 Winchester unit. Built in 1941, the duplex offers a defined two-unit configuration with a mix of existing occupancy and updated features.
Property improvements include a roof installed in 2023, 13 new windows at 911 Winchester, fresh paint, tile flooring, and a new AC wall unit at 911 Winchester. The property also includes covered laundry outside the 911 Winchester unit. Built in 1941, the duplex offers a defined two-unit configuration with a mix of existing occupancy and updated features.
Key Highlights
- Two‑unit duplex totaling 1,792 square feet
- 909 Winchester unit: 618 Sq Ft house, currently tenant occupied
- 911 Winchester unit: 960 Sq Ft upstairs unit with 3 bedrooms and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,720
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,400
$314.4K
Cap Rate 7%
$224,571
$224.6K
Cap Rate 9%
$174,667
$174.7K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$24.9K $13.92/SF
− Vacancy
−$2.5K −$1.39/SF
EGI
$22.5K $12.53/SF
− OpEx
−$6.7K −$3.76/SF
NOI
$15.7K $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%
$314,400
Cap Rate 7%
$224,571
Cap Rate 9%
$174,667
Alternative Uses
Best Use
Multifamily LT 5
$224.6K
$196.5K – $262.0K
NOI $15,720 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$195.1K
$170.7K – $227.6K
NOI $13,655 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$528.4K
$462.3K – $616.5K
NOI $36,987 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential duplex with separate units, including an upstairs three-bedroom, two-bath residence and covered laundry area.
Where is this duplex located?
The property is located at 909 Winchester St Daytona Beach, FL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,792 square feet; 909 Winchester unit: 618 Sq Ft house, currently tenant occupied; 911 Winchester unit: 960 Sq Ft upstairs unit with 3 bedrooms and 2 baths
