212 Madison Ave Daytona Beach, FL 32114
Central Daytona NeighborhoodEstimated payment $15,079/month
About This Home
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.
Listing Agent
OUTLET REALTY Brokerage Phone: 407-308-0600 License #3555979 Listed on: 11/03/2025
Property Details
Home Type
- Multi-Family
 
Est. Annual Taxes
- $11,358
 
Year Built
- Built in 1936
 
Lot Details
- 1.05 Acre Lot
 
Home Design
- 10,718 Sq Ft Home
 - Frame Construction
 - Shingle Roof
 
Utilities
- Ductless Heating Or Cooling System
 - Cooling System Mounted To A Wall/Window
 
Community Details
- No Home Owners Association
 - 12 Buildings
 - 20 Units
 - Kingston Subdivision
 
Listing and Financial Details
- Legal Lot and Block 4 / 8
 - Assessor Parcel Number 5338-01-08-0050
 
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $2,700,000 | -- | $252 / Sq Ft | 
Source: Stellar MLS
MLS Number: O6357491
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