731 Florence St Daytona Beach, FL 32114
This stabilized multifamily investment opportunity presents a fully occupied duplex in Daytona Beach, Florida. The property, located at 731 Florence St, Volusia County, 32114, consists of two one-bedroom, one-bathroom units, each approximately 492 square feet. Built in 1952 and extensively renovated in 2021, the property boasts a new roof, updated kitchens with newer cabinetry and elegant tile flooring, and modern bathroom tub surrounds. Each unit features convenient covered front and rear porches, with the rear porches providing laundry hookups. A large storage shed is situated within the fenced backyard. The total square footage is 1,176 square feet, with 984 square feet of net rentable space. The asking price is $225,000, representing $112,500 per unit and a price per square foot of $191.33. This property offers a compelling combination of updated amenities, high occupancy, and a desirable location, making it an attractive investment prospect. The property's APN is 5338-74-05-0050.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.