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Property profile & analytics
FOR SALE
Apartment buildings

611 Ora St Daytona Beach, FL 32118

Property ID
US18-6199375
Property summary
AI-generated overview

PRICE REDUCED!!Discover the exceptional investment opportunity in this well situated multifamily boasting SIX one-bed, one bath units divided in two buildings just steps from the Atlantic Ocean! This prime location places you near the vibrant Ocean Walk Village & Shoppes, Daytona Lagoon and the iconic Daytona Beach Bandshell, offering residents unparalleled access to dining, shopping, entertainment, and cultural events. Situated amidst a burgeoning area of growth, with new hotel constructions on Atlantic avenue, this property promises not only immediate rental income but also significant future appreciation potential. Close to major highways and public transportation! Whether you're expanding your investment portfolio or seeking a stable income stream, or even choose to live in one unit and rent out the rest, Don't miss a chance to take a look at this cash cow!

Property profile
Verified
Property type Apartment buildings
UPID US18-6199375
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Arbor Barber Tree Experts Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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