205 Shady Place, Daytona Beach, FL 32114
Local realty services provided by:CENTURY 21 Myers Rose Realty
Listed by: nate ingram
Office: compass florida llc.
MLS#:NS1089438
Source:MFRMLS
Price summary
- Price:$449,900
- Price per sq. ft.:$208.29
About this home
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....
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Home facts
- Year built:1950
- Subdivision & Development:ROWLADERS ADD 03 DAYTONA
- Listing ID #:NS1089438
- Added:11 day(s) ago
- Updated:October 24, 2026 at 03:29 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Vinyl
- Kitchen Description:Range, Refrigerator
- Living area:1,080 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:1,080 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Hardi Plank Type
- Foundation Description:Stem Wall
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$449,900
- Price per sq. ft.:$208.29
- Tax amount:$5,570 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Pool features:Public Pool
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