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$2,700,000 - 212 Madison Avenue, DAYTONA BEACH

-
Bedrooms
-
Baths
10,718
SQ. Feet
1.05
Acres

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.

Essential Information

  • MLS® #:
    O6357491
  • Price:
    $2,700,000
  • Bathrooms:
    0.00
  • Square Footage:
    10,718
  • Acres:
    1.05
  • Year Built:
    1936
  • Type:
    Residential Income
  • Sub-Type:
    Multi Family
  • Status:
    Active

Community Information

  • Address:
    212 Madison Avenue
  • Area:
    Daytona Beach
  • Subdivision:
    KINGSTON
  • City:
    DAYTONA BEACH
  • County:
    Volusia
  • State:
    FL
  • Zip Code:
    32114

Interior

  • Interior Features:
    Other
  • Heating:
    Ductless
  • Cooling:
    Wall/Window Unit(s)

Exterior

  • Exterior Features:
    Other
  • Roof:
    Other, Shingle
  • Foundation:
    Other

Additional Information

  • Days on Market:
    24
  • Zoning:
    0300 - MFR

Listing Details

  • Listing Office:
    Outlet Realty

Listing information courtesy of Outlet Realty.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on December 24th, 2025 at 2:34pm EST.