424 Daytona Street, Daytona Beach, FL 32114 (MLS# 1220684)

424 Daytona Street, Daytona Beach, FL 32114

$850,000

Property Type: Commercial Sale Baths: 5 Square Footage: 3,700 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $850,000 List Date: 12/09/2025 Last Modified: 1/22/2026

Overview

Description

Income-producing multifamily property with all four units currently rented. Building and all units have been fully renovated. Located in a high-demand rental area next to new luxury apartments under construction, enhancing future value. Close to Beach Street, a bus station, and Brown & Brown Insurance. Excellent opportunity for immediate cash flow and long-term appreciation.

Listing Details MLS# 1220684

General Property Information

Number Of Units Total: 4
Bathrooms Total: 5
Building Area Total: 3700
Building Area Source: Appraiser
Year Built: 1973
Lot Size Acres: 0.2
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: US 1 North past ISB, located on the corner of Michigan St. and Daytona St. in Downtown Daytona Beach.
Public Remarks: Income-producing multifamily property with all four units currently rented. Building and all units have been fully renovated. Located in a high-demand rental area next to new luxury apartments under construction, enhancing future value. Close to Beach Street, a bus station, and Brown & Brown Insurance. Excellent opportunity for immediate cash flow and long-term appreciation.
List Price/SqFt: 229.73

Property Features

Business Type: Rental; Residential Ceiling Type: Plaster Construction Materials: Block; Cement Siding Cooling: Central Air; Electric; Multi Units Current Use: Mixed Use; Multi-Family Existing Lease Type: Other Fencing: Back Yard; Privacy Flooring: Laminate; Tile; Vinyl Listing Terms: Cash; Conventional Location: Beach Area Lock Box Type: Combo; Other; See Remarks Lot Features: Cleared; Corner Lot Operating Expense Includes: Insurance; Maintenance Grounds; Trash; Utilities; Water/Sewer Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Pest Control; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Parking Features: Additional Parking; Attached; Parking Lot; Unassigned; Varies by Unit Possession: Close Of Escrow Road Frontage Type: City Street Sale Includes: Building & Land Security Features: Closed Circuit Camera(s); Security Lights; Smoke Detector(s) Sewer: Public Sewer Tenant Pays: All Utilities

Contract Information

Listing Contract Date: 2025-12-06
Property Sub Type: Multi Family
Seller Concessions Offered Y/N: No

Location Tax and Legal

Street Number: 424
Street Name: Daytona
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32114
MLS Area Major: 34 - Daytona ISB to Mason, E of 95

Status Change Information

Major Change Timestamp: 2025-12-09T06:48:56Z
Major Change Type: New Listing

Power Production Type

Ownership: Seller Owned

More Information

Unit 1 Details

Unit ID: Yes
Annual Rent: 15000
Unit SqFt: 720
# Units (This Type): 3
Furnished: Unfurnished
Unit Remarks: tenant occupied -Square Footage is approximate.

Unit 2 Details

Unit ID: 2
Annual Rent: 18600
Unit SqFt: 720
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: tenant occupied-square footage is approximate

Unit 3 Details

Unit ID: 3
Annual Rent: 15000
Unit SqFt: 720
# Units (This Type): 3
Furnished: Unfurnished
Unit Remarks: tenant occupied-Square Footage is approximate

Unit 4 Details

Unit ID: 4
Annual Rent: 15000
Unit SqFt: 720
# Units (This Type): 3
Furnished: Unfurnished
Unit Remarks: tenant occupied-Square Footage is approximate

Location, Tax, and Legal

Country: US
Parcel Number: 5338-37-00-0020
Tax Annual Amount: 7546.91
Tax Year: 2025
Tax Legal Description: 38-15-33 LOT 2 & E 40 FT OF LOT 3 GORDON COURT MB 6 PG 190 MB 18 PG 109 OF D D ROGERS DB C PG 700 MB 14 PG 110 INC PER OR 4178 PG 3672 PER OR 8420 PG 0937
Zoning Description: Multi Family

Currently Not Used

Additional Parcels YN: No
Bathrooms Total: 5
Year Built: 1973
Building Name: The Boathouse

Lock Box Type

Combo: Yes
Other: Yes
See Remarks: Yes

Construction Materials

Block: Yes
Cement Siding: Yes

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes

Current Use

Mixed Use: Yes
Multi-Family: Yes

Fencing

Back Yard: Yes
Privacy: Yes

Flooring

Laminate: Yes
Tile: Yes
Vinyl: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Cleared: Yes
Corner Lot: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Pest Control: Yes
Repairs: Yes
Roof Maintenance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Features

Additional Parking: Yes
Attached: Yes
Parking Lot: Yes
Unassigned: Yes
Varies by Unit: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Security Features

Closed Circuit Camera(s): Yes
Security Lights: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Tenant Pays

All Utilities: Yes

Business Type

Rental: Yes
Residential: Yes

Ceiling Type

Plaster: Yes

Existing Lease Type

Other: Yes

Location

Beach Area: Yes
City: Yes

Operating Expense Includes

Insurance: Yes
Maintenance Grounds: Yes
Trash: Yes
Utilities: Yes
Water/Sewer: Yes

Sale Includes

Building & Land: Yes

Listing Office: Collado Real Estate

Last Updated: January - 22 - 2026

Information deemed reliable but not guaranteed.

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