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212 MADISON AVENUE

Multi-family For Sale
$2,700,000

BTC: 30.25413473

ETH: 1,350.00000000

49 days
0 room(s)
10,718 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

An outstanding opportunity to acquire a stabilized, income-producing 20-unit multifamily portfolio located in the heart of Daytona Beach. This well-maintained collection of properties—204, 208, 210, 212, and 214 Madison Ave—delivers exceptional performance with a net operating income (NOI) of $238,613 and a strong 8.8 cap rate. The portfolio is currently 19/20 units occupied, with only one vacant unit, offering immediate and consistent rental income. The properties are professionally managed and maintained, supported by a reliable tenant base combined with federal housing that provides stable, long-term cash flow. Situated minutes from Daytona Beach International Airport, Daytona International Speedway, and the revitalized downtown corridor, this investment benefits from strong local rental demand and continued market appreciation. The central location provides convenient access to shopping, employment centers, and the area’s world-famous beaches, making it highly desirable for tenants. Offering both scale and stability, this 20-unit portfolio represents a rare opportunity to acquire a high-performing multifamily asset in one of Florida’s most dynamic and fast-growing coastal markets. Investors seeking dependable returns with long-term upside potential.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1936
Lot:
1.05 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$252
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

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 1.05 Acres

    Other Property Information

    • Parcel Number: 533801080050

    • Zoning: 0300 - MFR

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $11,358

  • Source details

    • MLS ID: O6357491

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Other

    • Laundry Features: None

    • Living Area: 10718

    • Water Source: Public

    • Subdivision Name: KINGSTON

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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