Turnkey 25-Unit Multifamily Investment - True 6 Percent CAP | River Views | $150,000 Per Door. Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase at $3,750,000 ($150,000 per door). This stabilized, income-producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227,228, verified and up to date. These are real numbers — no projections, no inflation, no guesswork. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five-story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long-term leasing potential. Key investment highlights: • 25 Units: Mix of 1- and 2-bedroom layouts• Coin-operated laundry in the first-floor lobby• Concrete block construction for long-term (cont) " Elevator access, secure entry, and designated parking
" Located in a strong rental corridor with limited multifamily competition nearby
With a solid in-place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high-growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials and a clean 6 percent cap rate.
Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset.
Active
$3,750,000
732 N Halifax Ave #F320A52C6, Daytona Beach, FL 32118
37beds
26,470sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$142/sqft
$-- HOA
What's special
Elevator accessRiver viewsCoin-operated laundryAttractive river vistas
- 79 days
- on Zillow |
- 668 |
- 51 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 01:17am
Listed by:
Matt Gomes 386-864-1806,
Miller Real Estate and Assoc.,
Andy Miller 386-677-3002
Source: DBAMLS,MLS#: 1214090

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 37
- Bathrooms: 37
- Full bathrooms: 37
Heating
- Central, Electric
Cooling
- Central Air, Multi Units, Separate Meters, Individual
Appliances
- Included: Refrigerator, Microwave, Electric Range
- Laundry: Lower Level, Common Area
Features
- Flooring: Tile, Vinyl
- Doors: Impact Windows
Interior area
- Total structure area: 29,102
- Total interior livable area: 26,470 sqft
Property
Parking
- Total spaces: 36
- Parking features: Off Street
- Carport spaces: 5
Features
- Exterior features: Balcony
- Has view: Yes
- View description: City, Bridge(s), Intracoastal, Marina, River
- Has water view: Yes
- Water view: Intracoastal,Marina,River
Lot
- Size: 0.43 Acres
- Features: Sprinklers In Front
Details
- Parcel number: 530501080023
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Concrete
- Roof: Membrane,Other
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Lighting
Community & HOA
Community
- Security: Closed Circuit Camera(s), Fire Sprinkler System, Secured Lobby, Security Lights, Security System Owned, Smoke Detector(s)
- Subdivision: East Daytona
HOA
- Has HOA: No
Location
- Region: Daytona Beach
Financial & listing details
- Price per square foot: $142/sqft
- Annual tax amount: $32,812
- Date on market: 6/3/2025
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity
- Income includes: Laundry, Rent Only
- Electric utility on property: Yes
- Road surface type: Asphalt
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