205 Shady Place, Daytona Beach, FL 32114
For Sale $449,900
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INVESTMENT OPPORTUNITY! Four-unit multifamily property at 205 Shady Pl in Daytona Beach offering immediate income and meaningful value-add potential. All four units are fully leased and secured by longtime leases, providing an established and stable rental history. The property generates a 5.45 CAP under current market conditions. For investors looking to increase returns, the property offers several opportunities for future income growth. Rents can potentially be increased toward current market levels, while the electrical service can be separated and individually metered for each unit, creating an opportunity to reduce owner-paid expenses. These improvements, combined with the existing rental income, provide an attractive value-add investment strategy. With four occupied units, established tenancy, existing cash flow, and multiple avenues for improving the property's financial performance, this property is well suited for both experienced multifamily investors and those looking to expand their rental portfolio. Convenient Daytona Beach location adds to the property's long-term investment appeal. Buyer to verify all measurements, zoning, utility configurations, leases, expenses, and financial information.
Other
Taxes: $5,569.89
Tax Year: 2025
Range
Refrigerator
MLS Area: 32114 - Daytona Beach
Total Square Footage: 2,160
Price per Square Feet: $416.57
Total Floors: 2
Water: Public
Construction: Hardi Plank Type
Date Listed: 2026-10-13 00:00:00
Furnished: Unfurnished
Flooring: Vinyl
Roof: Shingle
Heating: Other
Cooling: Wall/Window Unit(S)
Laundry: Other
Sewer: Public Sewer
Parcel ID: 5339-64-00-0390
Listing Courtesy Of: Compass Florida Llc
nate@ingramcre.com
INVESTMENT OPPORTUNITY! Four-unit multifamily property at 205 Shady Pl in Daytona Beach offering immediate income and meaningful value-add potential. All four units are fully leased and secured by longtime leases, providing an established and stable rental history. The property generates a 5.45 CAP under current market conditions. For investors looking to increase returns, the property offers several opportunities for future income growth. Rents can potentially be increased toward current market levels, while the electrical service can be separated and individually metered for each unit, creating an opportunity to reduce owner-paid expenses. These improvements, combined with the existing rental income, provide an attractive value-add investment strategy. With four occupied units, established tenancy, existing cash flow, and multiple avenues for improving the property's financial performance, this property is well suited for both experienced multifamily investors and those looking to expand their rental portfolio. Convenient Daytona Beach location adds to the property's long-term investment appeal. Buyer to verify all measurements, zoning, utility configurations, leases, expenses, and financial information.
Property Details
Price: $449,900
Sq Ft: 1,080
($417 per
sqft)
Bedrooms: 4
Bathrooms: 4
City: Daytona Beach
County: Volusia
Type: Single Family
Development: Not In Development
Subdivision: Rowladers Add 03 Daytona
Acres: 0.1100
Virtual Tour/Floorplan: View
Year Built: 1950
Listing Number: NS1089438
Status Code: A-Active
Taxes: $5,569.89
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Interior Features:
Other
Financial Information:
Taxes: $5,569.89
Tax Year: 2025
Equipment:
Range
Refrigerator
Additional Information:
MLS Area: 32114 - Daytona Beach
Total Square Footage: 2,160
Price per Square Feet: $416.57
Total Floors: 2
Water: Public
Construction: Hardi Plank Type
Date Listed: 2026-10-13 00:00:00
Furnished: Unfurnished
Flooring: Vinyl
Roof: Shingle
Heating: Other
Cooling: Wall/Window Unit(S)
Laundry: Other
Sewer: Public Sewer
Parcel ID: 5339-64-00-0390
Map of 205 Shady Place, Daytona Beach, FL 32114
Listing Courtesy Of: Compass Florida Llc
nate@ingramcre.com