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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$749,000
Est. payment /mo
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5 Beds
8 Baths
2,972 SqFt
New

16 S GRANDVIEW AVE Daytona Beach, FL 32118

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Mary Jo Lobrutto

Mary Jo Lobrutto

+1(941) 303-0449

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,972 sqft

Price per Sqft $252

Subdivision Rogers Seabreeze

MLS Listing ID O6419368

Bedrooms 5

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 Quadruplex

Source Stellar MLS

Property Description

STABILIZED CASH COW PRODUCING AN 7.87% 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 upto 10 units per the Property Appraiser and zero code violations. This property delivers a strong 7.87% 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 on each lease and they want to renew) 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 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

Interior Features Other

Heating Ductless

Cooling Wall/Window Unit(s)

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Fence, Private Mailbox, Private Yard

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Block, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Brick,Wood Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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

NEARBY SCHOOL & BUSINESS

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Mary Jo Lobrutto

Mary Jo Lobrutto

Agent | License ID: 3481734

+1(941) 303-0449

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16 S GRANDVIEW AVE