Additional Details

• Important Details: --> Assume Month-to-month tenants @ $1700/Month --> Multi-Family --> Flood Zone X (No flood insurance needed)
• Features: Duplex under 250K in Daytona Beach — Steps from the beach! The cheapest active multifamily property in the area is listed at 420K, making this an outstanding value-add opportunity. The property consists of a 2/1 downstairs unit (approximately 750 SQFT) and a 1/1 upstairs unit (approximately 500 SQFT). Each unit has its own kitchen, electric meter, private entrance, garage, washer/dryer, and dedicated parking spaces, offering excellent functionality and flexibility. Conveniently located within walking distance of attractions, dining, shopping, year-round events, and the world-famous Daytona Beach shoreline, this property is positioned in one of the area's most desirable locations. With strong rental potential and significant upside for resale, a fully renovated product would compete favorably against the area's inferior, dated inventory.
• Potential ARV: $380,000-$400,000
• Rehab Description: For a rental or to maximize resale value, this property will require a full rehab inside and out. Replace the roof and both AC units, then modernize both units by updating the flooring, kitchens, bathrooms, fixtures, and finishes throughout. Address any exterior repairs, apply fresh interior and exterior paint, complete a thorough deep clean, and improve the landscaping and curb appeal to create a clean, market-ready duplex with strong rental and resale potential.
• Comparable Rent: $3000-$3300/MO 2 units
• Ideal Investment Strategy: Resale/Rental
• Construction: CBS/FR
• Comp 1: 519 Mobile Ave, Daytona Beach, FL 32118 Duplex 2/1 & 1/1 1935 Build SOLD @ $385,000 3/26/26 (Same unit setup/some updates)
• Comp 2: 415 Poinsettia Rd, Daytona Beach, FL 32118 3/2 1155 SQFT 1938 Build SOLD @ $340,000 5/22/26 (Single family/updated)
• Comp 3: 412 Phoenix Ave, Daytona Beach, FL 32118 2/1 1032 SQFT 1940 Build SOLD @ $330,000 8/12/25 (Single family/smaller/some updates)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money