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16 S Grandview Avenue, Daytona Beach, FL 32118

Daytona Beach
Local realty services provided by:CENTURY 21 Selling Paradise
16 S Grandview Avenue,Daytona Beach, FL 32118
$665,000
  • 5 Beds
  • 8 Baths
  • 2,972 sq. ft.
  • Multi-family
  • Active
Listed by: husain jaffer
Office: charles rutenberg realty orlando
MLS#:O6419368
Source:MFRMLS

Price summary

  • Price:$665,000
  • Price per sq. ft.:$223.76

About this home

9.3% CAP RATE!1! STABILIZED CASH COW PRODUCING AN 9.3% CAP RATE ON ASKING (AFTER TAXES, INSURANCE, AND EXPENSES OF APPROX $17K PER YEAR!) 3 STREETS FROM THE BEACH! This is a rare, high-performing asset with a confirmed zoning of up to 10 units, and land use of upto 10 units per the Property Appraiser and zero code violations. This property delivers a strong 9.3% return in its current state, offering a proven track record of reliable income with even further room for appreciation. The property is fully stabilized with long-term tenants on active leases (6–12 months remaining on each lease and they want to renew) who take great pride in the property. Key features include a 2018 roof, solid mechanicals, on-site parking, a common patio area for tenants, and a "High and Dry" X flood zone designation. AS A BONUS: There is a large storage unit on-site that was previously an apartment and could be converted back for additional revenue. Located walking distance to the Main Street Pier and...

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Home facts

  • Year built:1910
  • Subdivision & Development:ROGERS SEABREEZE
  • Listing ID #:O6419368
  • Added:127 day(s) ago
  • Updated:October 29, 2026 at 03:07 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:8
  • Basement Description:Block
  • Living area:2,972 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1910
  • Building area:2,972 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick, Wood Siding
  • Exterior Features:Fence, Private Mailbox
  • Foundation Description:Block, Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$665,000
  • Price per sq. ft.:$223.76
  • Tax amount:$5,721 (2025)

Features and amenities

  • Laundry features:Laundry Room
  • Pool features:Public Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Selling Paradise is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Selling Paradise, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Robert Mahan

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