23 S Hollywood Avenue, Daytona Beach, FL 32118
$1,850,000
Property Type:
Commercial Sale
Square Footage:
5,636
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$1,850,000
List Date:
6/27/2025
Last Modified:
6/27/2025
Description
Presenting a prime investment opportunity, this beachside multifamily property comprises 14 units. With a desirable Daytona Beach location and a history of high occupancy, this property offers stability and potential for a prospective investor. Recent upgrades include new roofs installed in 2020 and 2021 across all 3 buildings, ensuring low maintenance costs. Additionally, all tenants are current on their rent, eliminating accounts receivable concerns. This low-rise/garden-style property represents a lucrative and attractive investment with a strong historical performance and significant potential for future growth.
Supplements: New roofs in 2020 & 2021 for all 3 buildings. All tenants are current on their rent (no accounts receivable). Unit mix includes: 5 studios, 3 (one bedrooms), 4 (two bedrooms), and 1 (3 bedroom).
More Information MLS# 1215036
General Property Information
Lot Size Acres: 0.15
Water Body Access YN: No
Waterfront YN: No
Directions: Located on S. Hollywood Avenue in the heart of the beachside in Daytona Beach, FL.
Public Remarks: Presenting a prime investment opportunity, this beachside multifamily property comprises 14 units. With a desirable Daytona Beach location and a history of high occupancy, this property offers stability and potential for a prospective investor. Recent upgrades include new roofs installed in 2020 and 2021 across all 3 buildings, ensuring low maintenance costs. Additionally, all tenants are current on their rent, eliminating accounts receivable concerns. This low-rise/garden-style property represents a lucrative and attractive investment with a strong historical performance and significant potential for future growth.
Building Area Total: 5636
List Price/SqFt: 328.25
Year Built: 1939
Location, Tax, and Legal
Country: US
Parcel Number: 5304-01-17-0061
Tax Annual Amount: 5207.79
Tax Year: 2024
Tax Legal Description: W 1/2 OF LOT 6 BLK 17 ROGERS SEABREEZE MB 1 PG 54 PER OR 5134 PG 3903 PER OR 5902 PG 2783 PER OR 5913 PG 4261 PER OR 6215 PGS 0580-0581 PER OR 6571 PG 1064
Currently Not Used
Year Built: 1939
Lot Features
Other: 1
Parking Features
Other: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,850,000
List Price: $1,850,000
Status: Active
Listing Contract Date: 2025-06-27
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 23
Street Direction Prefix: S
Street Name: Hollywood
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
Subdivision Name: Rogers Seabreeze
MLS Area Major: 14 - Daytona Peninsula S of Seabreeze
Status Change Information
Major Change Timestamp: 2025-06-27T17:03:55Z
Major Change Type: New Listing
Property Features
Lot Features: Other
Parking Features: Other
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: June - 27 - 2025
Information deemed reliable but not guaranteed.