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26-28 S HOLLYWOOD AVENUE

Multi-family For Sale
$650,000

BTC: 7.48416811

ETH: 325.00000000

-$50K (2025/11/12)
51 days
5 bds
2,996 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

An exceptional opportunity to acquire a stabilized, income-producing five-unit multifamily property located in the desirable Surfside Historic District of Daytona Beach. This property delivers a net operating income (NOI) of $64,114 and a 9.1 cap rate, offering investors a blend of strong returns and long-term appreciation potential. Four of the five units are currently occupied, providing immediate, dependable cash flow. The property benefits from a combined federal housing income, ensuring reliable, government-backed rent payments and reduced vacancy risk. Nestled in one of Daytona Beach’s most sought-after neighborhoods, this property combines historic character with modern income performance. Residents enjoy proximity to the Daytona Beach shoreline, downtown entertainment, and major employers, enhancing both tenant demand and property value.

Location

Facts and features

Type:
Residential Income
Parking:
Driveway
Year Built:
1918
Lot:
0.13 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$217
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Parking

    • Driveway

    Property

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 530508150043

    • Zoning: 02RP

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $6,625

  • Source details

    • MLS ID: O6357025

    Other facts

    • Construction Materials: Vinyl Siding

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: None

    • Living Area: 2996

    • Water Source: Public

    • Subdivision Name: MEMENTO

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: OUTLET REALTY