600 S Segrave Street, Daytona Beach, FL 32114
Overview
Description
Supplements: ... (Read more) creating a clear value-a rent stabilization opportunity for investors seeking long-term cash flow growth and appreciation potential. Comparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time. Strong candidate for investors seeking: *value-add multifamily *Long-Term Cash FLow *Potential workforce housing demand *Future cap-rate improvement through stabilization *Excellent opportunity to acquire a fully occupied income-producing asset with measurable upside in one of Volusia County's established rental corridors." *Stable Occupancy *Rent growth opportunity *Recent major capital improvements *South Daytona Rental Market Exposure Yearly Income $40,320 Yearly Expenses $13,392.00. Water/Elec/Ins/Flood Ins/License
Listing Details MLS# 1220451
General Property Information
- Bedrooms Total
- 4
- Bathrooms Full
- 4
- Bathrooms Total
- 4
- Living Area
- 2016
- Year Built
- 1986
- Accessory Dwelling Unit Y/N
- No
- Lot Size Acres
- 0.2
- Lot Size Dimensions
- 88.0 ft x 100.0 ft
- Association YN
- No
- CDD Fee YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Homestead YN
- No
- Furnished
- Unfurnished
- Stories
- 2
- Senior Community YN
- No
- Direction Faces
- East
- Directions
- From ISB head south on US1 to west on Cypress about 4 blocks is 600 Segrave on SW corner
- Public Remarks
- ''Value-Add 4-Plex Fully Occupied Investment Opportunity in the Growing South Daytona Corridor Solid block-construction 4-unit multifamily property featuring four spacious 1-bedroom, 1-bath units with functional open-concept layouts, strong occupancy history, and significant long-term rental upside potential. The property has maintained consistent occupancy over multiple years and benefits from strong workforce housing demand driven by proximity to Daytona Beach, major employers, shopping, dining, and several nearby colleges and universities. Recent capital improvements include: Brand-new roof (2025) Updated bathroom vanities (2022) New stoves and refrigerators in Units 1 and 4 (2022) Situated on a desirable corner lot with additional parking and excellent accessibility, the property offers investors a compelling blend of current income, operational stability, and future NOI growth potential. Current rents remain materially below prevailing South Daytona market rates,
- List Price/SqFt
- 215.28
Property Features
Contract Information
- Property Sub Type
- Single Family Residence
- Property Attached YN
- Yes
- Listing Contract Date
- 2025-12-01
- Seller Concessions Offered Y/N
- Yes
Location Tax and Legal
- Street Number
- 600
- Street Direction Prefix
- S
- Street Name
- Segrave
- Street Suffix
- Street
- County
- Volusia
- State
- FL
- Postal Code
- 32114
- MLS Area Major
- 32 - Daytona Beville to ISB, E of 95
- Subdivision Name
- Not on the List
Status Change Information
- Major Change Timestamp
- 2026-08-29T04:25:26Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-08-29T04:25:26Z
Room Types
- Bedroom 1 Level
- Main
- Kitchen Level
- Main
- Bedroom 1
- Yes
- Kitchen
- Yes
More Information
Currently Not Used
- Bedrooms Total
- 4
- Bathrooms Full
- 4
- Bathrooms Half
- 0
- Bathrooms Total
- 4
- Living Area Source
- Appraiser
- Building Area Total
- 2096
- Year Built
- 1986
- Accessibility Features YN
- No
- New Construction YN
- No
- Garage YN
- No
- Carport YN
- No
- Pool Private YN
- No
- Entry Level
- 1
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 5339-48-00-0010
- Tax Annual Amount
- 5702.25
- Tax Year
- 2025
- Tax Legal Description
- LOT 1 & N 42 1/2 FT OF LOT 2 PECK SUB BLK 28 DAYTONA PER OR 5301 PG 1425 PER OR 7762 PG 3191 PER OR 7776 PG 4686 PER OR 7867 PG 2326 PER OR 8255 PG 0060
- Zoning Description
- Multi Family
- Middle School
- Campbell
- High School
- Atlantic
View
- Other
- Yes
Foundation Details
- Block
- Yes
- Slab
- Yes
Lock Box Type
- None
- Yes
Appliances
- Electric Range
- Yes
- Electric Water Heater
- Yes
- Refrigerator
- Yes
Construction Materials
- Block
- Yes
- Stucco
- Yes
Cooling
- Separate Meters
- Yes
Current Use
- Investment
- Yes
- Multi-Family
- Yes
- Residential
- Yes
Fencing
- Chain Link
- Yes
Flooring
- Tile
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Separate Meters
- Yes
Levels
- Two
- Yes
Listing Terms
- Assumable
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Lot Features
- Corner Lot
- Yes
Parking Features
- Additional Parking
- Yes
- Circular Driveway
- Yes
- Guest
- Yes
Possession
- Close Of Escrow
- Yes
- Subject To Tenant Rights
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Shingle
- Yes
Security Features
- Security Lights
- Yes
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Sewer Not Available
- Yes
Water Source
- Public
- Yes
Architectural Style
- Other
- Yes
Room Information
| Room Name | Level | Length | Width |
|---|---|---|---|
| Bedroom 1 | Main | 12.00 | 12.00 |
| Kitchen | Main | 10.00 | 10.00 |