205 Shady Place, Daytona Beach, FL 32114 (MLS# 1231704)

205 Shady Place, Daytona Beach, FL 32114

New Listing

$449,900

Property Type: Residential Income Bedrooms: 6 Baths: 4 Square Footage: 2,160 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $449,900 List Date: 10/13/2026 Last Modified: 10/13/2026

Overview

Description

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

Supplements: 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.

Listing Details MLS# 1231704

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 4
Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2160
Year Built: 1950
Lot Size Acres: 0.11
Lot Size Dimensions: 50.0 ft x 100.0 ft
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Stories: 2
Direction Faces: North
Senior Community YN: No
Directions: From Ridgewood Dr and Beville Rd: Go north on Ridgewood Dr to Shady Place. Turn right. Building is on the right.
Public Remarks: 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
List Price/SqFt: 208.29

Property Features

Construction Materials: Fiberglass Siding Cooling: Varies by Unit Current Use: Multi-Family Electric: 200+ Amp Service Financial Data Source: Owner Heating: Varies by Unit Income Includes: Laundry Levels: Two Listing Terms: Cash; Conventional Lock Box Type: See Remarks Lot Features: Cleared Owner Pays: Common Area Maintenance; Electricity Parking Features: Off Street; Unassigned Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Sewer: Public Sewer Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-10-09
Property Sub Type: Quadruplex
Seller Concessions Offered Y/N: No

Location Tax and Legal

Street Number: 205
Street Name: Shady
Street Suffix: Place
County: Volusia
State: FL
Postal Code: 32114
Subdivision Name: Not In Subdivision
MLS Area Major: 32 - Daytona Beville to ISB, E of 95

Status Change Information

Major Change Timestamp: 2026-10-13T03:10:49Z
Major Change Type: New Listing

Unit 1 Details

Unit ID: Yes
Actual Rent: 950
Unit SqFt: 300
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 4 units total

More Information

Unit 2 Details

Unit ID: 2
Actual Rent: 1375
Unit SqFt: 600
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: No

Unit 3 Details

Unit ID: 3
Actual Rent: 950
Unit SqFt: 300
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: No

Unit 4 Details

Unit ID: 4
Actual Rent: 1100
Unit SqFt: 600
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: No

Location, Tax, and Legal

Country: US
Parcel Number: 5339-64-00-0390
Tax Annual Amount: 5569.89
Tax Year: 2025
Tax Legal Description: 40-15-33 LOT 39 ROWLADERS 3RD ADD MB 4 PG 179 MB 22 PGS 36-37 OF HIGBEES ADD TO DAYTONA DB L PG 704 MB 12 PG 98 & OF BETHUNE GRANT MB 1 PG 56 MB 12 PG 41 PER OR 4700 PG 3314 PER OR 6065 PG 1980 PER OR 6153 PGS 0444-0447 INC PER OR 6367 PGS 4453-4455 INC P

Currently Not Used

Bedrooms Total: 6
Bathrooms Full: 4
Bathrooms Half: 0
Bathrooms Total: 4
Living Area Source: Public Records
Building Area Total: 2160
Year Built: 1950
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Entry Level: 1
Parking Total: 6

Lock Box Type

See Remarks: Yes

Construction Materials

Fiberglass Siding: Yes

Cooling

Varies by Unit: Yes

Current Use

Multi-Family: Yes

Electric

200+ Amp Service: Yes

Financial Data Source

Owner: Yes

Heating

Varies by Unit: Yes

Income Includes

Laundry: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Cleared: Yes

Owner Pays

Common Area Maintenance: Yes
Electricity: Yes

Parking Features

Off Street: Yes
Unassigned: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Listing Office: Compass Florida, LLC

Last Updated: October - 13 - 2026

Information deemed reliable but not guaranteed.

Search