16 S GRANDVIEW AVE, Daytona Beach, FL 32118
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
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Anne Rutherford

Anne Rutherford

+1(386) 624-5726
$ 769,000
Est. payment | /mo

2,972 SqFt

Save Virtual Tour
$ 769,000
Est. payment | /mo
Save Virtual Tour

2,972 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 2,972 sqft

Price per Sqft $258

Subdivision Rogers Seabreeze

MLS Listing ID O6407163

HOA Y/N No

Year Built 1910

Annual Tax Amount $5,720

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

STABILIZED 7-UNIT CASH COW PRODUCING AN 8% CAP RATE ON ASKING (AFTER TAXES, INSURANCE, AND EXPENSES)! 3 STREETS FROM THE BEACH! This is a rare, high-performing asset with a confirmed zoning of up to 10 units, and land use of 7 units per the Property Appraiser and zero code violations. This property delivers a strong 8% return in its current state, offering a proven track record of reliable income with even further room for appreciation. The property is fully stabilized with long-term tenants on active leases (6–12 months remaining) who take great pride in the property. Key features include a 2018 roof, solid mechanicals, on-site parking, a common patio area for tenants, and a "High and Dry" X flood zone designation. AS A BONUS: There is a large storage unit on-site that was previously an apartment and could be converted back for additional revenue. Located walking distance to the Main Street Pier and beach access, the equity here is undeniable: a 4-unit property just two doors down recently sold for $600k—this is 7 units with immediate, verifiable cash flow from day one. Perfect for a 1031 exchange or a portfolio expansion. Units nearby rent as AirBNB or long-term rentals! Call today!

Location

State FL

County Volusia

Community Rogers Seabreeze

Area 32118 - Daytona Beach/Holly Hill

Zoning 02BR1

Interior

Cooling Wall/Window Unit(s)

Building

Story 1

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block,HardiPlank Type

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6407163

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Husain Jaffer CHARLES RUTENBERG REALTY ORLANDO

NEARBY SCHOOLS & PROPERTIES

Anne Rutherford

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(386) 624-5726

annesellsflahomes@gmail.com

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16 S GRANDVIEW AVE