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$449,900
INVESTMENT OPPORTUNITY! Four-unit multifamily property at 205 Shady Pl in Daytona Beach offering immediate income and meaningful value-add potential. All four units are fully leased and secured by longtime leases, providing an established and stable rental history. The property generates a 5.45 CAP under current market conditions. For investors looking to increase returns, the property offers several opportunities for future income growth. Rents can potentially be increased toward current market levels, while the electrical service can be separated and individually metered for each unit, creating an opportunity to reduce owner-paid expenses. These improvements, combined with the existing rental income, provide an attractive value-add investment strategy. With four occupied units, established tenancy, existing cash flow, and multiple avenues for improving the property's financial performance, this property is well suited for both experienced multifamily investors and those looking to expand their rental portfolio. Convenient Daytona Beach location adds to the property's long-term investment appeal. Buyer to verify all measurements, zoning, utility configurations, leases, expenses, and financial information.
Tour with a local agent
Contact agent
| Date | Event | Price |
|---|---|---|
| 2026-10-13T00:00:00.000Z | Listed for sale | $449,900$417/sqft |
Nate Ingram
COMPASS FLORIDA LLC
Brokerage Phone: 407-203-9441
Source: Stellar MLS · MLS #NS1089438
Data Powered by Home Junction, Inc.
TURIE T. SMALL ELEMENTARY SCHOOL
Elementary · 0.9 mi
CAMPBELL MIDDLE SCHOOL
High · 1.1 mi
SOUTH DAYTONA ELEMENTARY SCHOOL
Elementary · 1.8 mi
King Food
0.8 mi
Pepsi Beverages Company
0.9 mi
Lola’s Groceries
1.1 mi
Gators
0.1 mi
Wild Hog Saloon & Grill
0.2 mi
Trop Twight Light
0.5 mi
Bethune Point Park
0.4 mi
Henry Lee Park
0.7 mi
Halifax Harbor Park
0.8 mi
Daytona Beach
1.3 mi
Daytona Beach Shores
4.2 mi
Port Orange Beach
6.8 mi
Nearby amenity locations include data © OpenStreetMap contributors.