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212 S OLEANDER AVENUE

Multi-family For Sale
$535,000

BTC: 6.16004606

ETH: 267.50000000

51 days
4 bds
2,160 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Presenting an outstanding opportunity to acquire a stabilized, income-producing four-unit multifamily property ideally located in the heart of Surfside Historic District. Three of the four units are currently occupied, this asset delivers a net operating income (NOI) of $48,205 and an attractive 9 cap rate, offering investors strong in-place returns and reliable, consistent cash flow. The property is well maintained, has a brand new roof and features a stable tenant base, ensuring dependable rental performance with minimal management demands. Its desirable location supports year-round occupancy and long-term tenant retention. A majority of tenants are supported through federal housing. Centrally positioned just minutes from Daytona Beach International Airport, Daytona International Speedway, and the world-renowned Daytona Beach shoreline, the property benefits from excellent accessibility, strong market fundamentals, and continued economic growth in one of Florida’s most active coastal investment markets. Whether expanding an existing portfolio or seeking a secure entry point into the Daytona Beach multifamily sector, 212 S Oleander Ave represents an exceptional opportunity offering both immediate income stability and future appreciation potential.

Location

Facts and features

Type:
Residential Income
Parking:
Driveway
Year Built:
1924
Lot:
0.12 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$248
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: 4

  • Parking

    • Driveway

    Property

    • Exterior Features: Storage

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 530907220030

    • Zoning: 02RP

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $4,188

  • Source details

    • MLS ID: O6356647

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Block

    • Laundry Features: None

    • Living Area: 2160

    • Water Source: Public

    • Subdivision Name: FUQUAYS DAYTONA BEACH

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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