205 N Wild Olive Avenue, Daytona Beach, FL 32118
New Listing
Overview
Description
Supplements: ... (Read more) Unit 205 - Front Single-Family Residence (Approx. 1,100 SF) 2 Bedrooms | 2 Bathrooms | Flexible Bonus Room This beautifully renovated single-family residence has been completely transformed with luxury coastal finishes throughout while preserving its beachside charm. The flexible bonus room is ideal for a home office, media room, or additional sleeping area. Unlike the rear units, this residence includes its own private washer and dryer hookups, eliminating the need to use the shared exterior laundry. Units 207A & 207B - Rear Duplex (Approx. 1,300 SF Total) Two Separate 2 Bedroom | 2 Bathroom Residences These identical upper and lower residences offer efficient layouts, durable upscale finishes, and broad rental appeal. Designed for easy ownership and long-term performance, they attract vacation renters, professionals, and seasonal residents alike. Exceptional Beachside Location Located within one of Daytona Beach's most walkable entertainment districts, the property benefits from year-round demand. Directly across from Daytona Lagoon Waterpark. Short walk to the Atlantic Ocean. Minutes to the Ocean Center and Peabody Auditorium. Walking distance to restaurants, nightlife, and entertainment. Shared outdoor laundry facility available for the rear duplex units. The Bottom Line Investment opportunities offering this level of quality, location, and operational efficiency are becoming increasingly difficult to find along Florida's coast. With immediate cash flow, a strong in-place CAP rate, and the potential to substantially increase gross revenue through market-rate leasing, 205 N Wild Olive represents an exceptional acquisition opportunity for investors seeking both stability and upside.
Listing Details MLS# 1228771
General Property Information
- Number Of Units Total
- 3
- Bedrooms Total
- 6
- Bathrooms Total
- 6
- Bathrooms Full
- 6
- Living Area
- 2370
- Lot Size Acres
- 0.14
- CDD Fee YN
- No
- Stories Total
- 2
- Stories
- 2
- Direction Faces
- East
- Directions
- From the intersection of A1A and Earl Street, head west on Earl Street. Turn right onto N. Wild Olive Avenue. The triplex is the third property on the left.
- Public Remarks
- TRIPLE CROWN OFFERING! Rare, turnkey beachside triplex delivering an immediate 6.6 CAP rate and positive cash flow from day one, with potential gross income of approximately $90,000+ annually based on market comparisons. This fully renovated property features three highly desirable 2BR/2BA residences with modern coastal finishes and no deferred maintenance. The front single-family home (approx. 1,100 SF) includes a bonus room/office and private washer/dryer hookups. The rear building offers two identical 2BR/2BA units (upstairs and downstairs) totaling approximately 1,300 SF, plus a shared laundry facility. Prime location directly across from Daytona Lagoon and just steps to the Atlantic Ocean, Ocean Center, restaurants, and entertainment. An exceptional turnkey investment opportunity in the heart of Daytona Beach.
- List Price/SqFt
- 345.15
Property Features
Contract Information
- Listing Contract Date
- 2026-07-17
- Property Sub Type
- Triplex
Location Tax and Legal
- Street Number
- 205
- Street Direction Prefix
- N
- Street Name
- Wild Olive
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32118
- Subdivision Name
- Memento
- MLS Area Major
- 14 - Daytona Peninsula S of Seabreeze
Status Change Information
- Major Change Timestamp
- 2026-07-18T00:42:31Z
- Major Change Type
- New Listing
Unit 1 Details
- Unit ID
- Front
- Unit SqFt
- 1078
- Full Baths Total
- 2
- Furnished
- Unfurnished
- Unit Remarks
- Front Unit All One Level- Front Building
- Actual Rent
- 0
More Information
Unit 2 Details
- Unit ID
- BACK LOWER
- Unit SqFt
- 646
- Full Baths Total
- 2
- Furnished
- Unfurnished
- Unit Remarks
- BACK LOWER UNIT- GROUND FLOOR- BRAND NEW BLDG
- Actual Rent
- 0
Unit 3 Details
- Unit ID
- BACK UPPER
- Unit SqFt
- 646
- Full Baths Total
- 2
- Furnished
- Unfurnished
- Unit Remarks
- BACK UPPER UNIT- 2ND FLOOR- BRAND NEW BLDG
- Actual Rent
- 0
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 5305-12-22-0180
- Tax Annual Amount
- 2846.29
- Tax Year
- 2025
- Tax Legal Description
- LOT 18 RESUB BLK 22 MEMENTO MB 2 PG 143 PER OR 4104 PG 3964 PER OR 6279 PGS 0484-0485 PER OR 7007 PG 0865 PER OR 8799 PG 2582
Currently Not Used
- Bedrooms Total
- 6
- Bathrooms Full
- 6
- Bathrooms Half
- 0
- Bathrooms Total
- 6
- Living Area Source
- Assessor
- Building Area Total
- 2626
- New Construction YN
- Yes
- Estimated Completion Date
- 2026-05-01
- Garage YN
- No
- Carport YN
- No
- Pool Private YN
- No
- Entry Level
- 1
Lock Box Type
- Call Listing Office
- Yes
- Supra
- Yes
Appliances
- Electric Oven
- Yes
Construction Materials
- Cement Siding
- Yes
Cooling
- Split System
- Yes
- Wall/Window Unit(s)
- Yes
Current Use
- Investment
- Yes
- Multi-Family
- Yes
- Residential
- Yes
Exterior Features
- Courtyard
- Yes
Financial Data Source
- Owner
- Yes
Fireplace Features
- Wood Burning
- Yes
Flooring
- Laminate
- Yes
Heating
- Individual
- Yes
Laundry Features
- Common Area
- Yes
- Multiple Locations
- Yes
Levels
- Multi/Split
- Yes
- Two
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Lot Features
- Other
- Yes
Parking Features
- On Street
- Yes
- Shared Driveway
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes