732 N Halifax Avenue
Property Description
Turnkey 25-Unit Multifamily Investment - River Views . Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase. 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, All units central AC, concrete block construction, 30 year roof installed 2012 no leaks, elevator 2012 piston replaced 2023 $65,000 good for 60-70 years, updated windows 2012, 20 of 25 units have outside balconies, seller owned washer & dryer 4 each coin operated laundry room, on site office & spacious shop/ store room. FPL installed new service street to weather-head 2022, (cont..) 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. Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset.
Broker Details
Miller Real Estate and Assoc. (386) 677-3002
MLS ID: 11501 State License Number: 3279435
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,499,999 |
| No. of Units: | 25 |
| Year Built: | 1963 |
| Lot Size: | 25,108.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $140,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 42 |
| Number of Bathrooms: | 42 |
ID: 3yd-DBAARFL-1230309
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