FL
Volusia
DAYTONA BEACH
32114
212 MADISON AVENUE
212 MADISON AVENUE, DAYTONA BEACH, FL 32114
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Listing Type
Multi Family
Listing Status
Active
14
$2,700,000

Home Details for 212 MADISON AVENUE

Price
$2,700,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
10718
Year built
1936
Lot size acres
1.05
County
Volusia
Garage
Days on site
27
MLS Listing#
O6357491
Property Description

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.

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Property Features
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Ductless
  • Water Features
    • Public
  • House Interior
    • Other
Listing Courtesy: OUTLET REALTY - 407-353-5518
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-12-10 13:46:21
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EXIT REAL ESTATE PROPERTY SOLUTIONS
3132 S Ridgewood Ave, South Daytona, FL 32119
Office
386 763 3008
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