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$ 748,500

Est. payment | -/mo

6 Beds

6 Baths

2,626 SqFt

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$ 748,500

Est. payment | -/mo

Save

6 Beds

6 Baths

2,626 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,626 sqft

Price per Sqft $285

MLS Listing ID 1228771

Bedrooms 6

Full Baths 6

Annual Tax Amount $2,846

Acres 0.14

Property Sub-Type Triplex

Source Daytona Beach Area Association of REALTORS®

Property Description

Owner Financing May be available with acceptable terms TRIPLE CROWN OFFERING! Rare, turnkey beachside triplex delivering a 7.8 percent potential CAP rate and positive cash flow, with potential gross income of $90,000+ annually based on market projections. Fully renovated with three desirable 2BR/2BA units featuring modern coastal finishes and zero deferred maintenance. Front Residence (1,100 SF): 2BR/2BA + bonus room/office & private laundry hookups. Rear Duplex (1,300 SF Total): Two identical 2BR/2BA units + shared laundry. Prime location directly across from Daytona Lagoon Waterpark and steps from the Atlantic Ocean, Ocean Center, dining, and entertainment. Seller Concession: With an acceptable offer, seller will pay the buyer's adjusted property taxes and homeowner's insurance for the ensuing 12 months at closing! A rare turnkey investment opportunity offering strong pro-forma yields, upside, and immediate cash flow potential in the heart of Daytona Beach! Unit 205 - Front Single-Family Residence (Approx. 1,100 SF) 2 Bedrooms | 2 Bathrooms | Flexible Bonus Room This beautifully renovated single-family residence has been completely transformed with luxury coastal finishes throughout while preserving its beachside charm. The flexible bonus room is ideal for a home office, media room, or additional sleeping area. Unlike the rear units, this residence includes its own private washer and dryer hookups, eliminating the need to use the shared exterior laundry. Units 207A & 207B - Rear Duplex (Approx. 1,300 SF Total) Two Separate 2 Bedroom | 2 Bathroom Residences These identical upper and lower residences offer efficient layouts, durable upscale finishes, and broad rental appeal. Designed for easy ownership and long-term performance, they attract vacation renters, professionals, and seasonal residents alike. Exceptional Beachside Location Located within one of Daytona Beach's most walkable entertainment districts, the property benefits from year-round demand. Directly across from Daytona Lagoon Waterpark. Short walk to the Atlantic Ocean. Minutes to the Ocean Center and Peabody Auditorium. Walking distance to restaurants, nightlife, and entertainment. Shared outdoor laundry facility available for the rear duplex units. The Bottom Line Investment opportunities offering this level of quality, location, and operational efficiency are becoming increasingly difficult to find along Florida's coast. With immediate cash flow, a strong in-place CAP rate, and the potential to substantially increase gross revenue through market-rate leasing, 205 N Wild Olive represents an exceptional acquisition opportunity for investors seeking both stability and upside.

Location

State FL

County Volusia

Area 14 - Daytona Peninsula S Of Seabreeze

Direction From the intersection of A1A and Earl Street, head west on Earl Street. Turn right onto N. Wild Olive Avenue. The triplex is the third property on the left.

Region Daytona Beach

City Region Daytona Beach

Rooms

Primary Bedroom Level Multi/Split, Two

Interior

Heating Individual

Cooling Split System, Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Electric Oven

Heat Source Individual

Laundry Common Area, Multiple Locations

Exterior

Exterior Feature Courtyard

Parking Features On Street, Shared Driveway

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle

Road Frontage City Street

Garage No

Building

Lot Description Other

Faces East

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Cement Siding

New Construction Yes

Others

Tax ID 5305-12-22-0180

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Kayla Williams • Realty Pros Commercial

Schools and Properties Nearby

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+1(386) 286-8312

theman@dereksellsflhomes.com

205 N Wild Olive AVE Daytona Beach, FL 32118

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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205 N Wild Olive AVE