USAFLDaytona BeachRogers Seabreeze16 S Grandview Ave
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16 S Grandview Ave, Daytona Beach, FL

House

For Sale

Listed price in listed location currency (USD).
$769,000

000

MLS® O6407163

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 2972 sqft
Garage 
Taxes $5,721
Days Active 0
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $258
MLS® Number O6407163

Property Address: 16 S Grandview Ave, DAYTONA BEACH, FL, 32118-4396

Average square foot calculated using Size range provided by listing agent.

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!
MLS® NumberO6407163
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 13, 2026List Date
$769,000List Price
  • Commute

Commute

Starting Address
Destination Address
16 S Grandview Ave, Daytona Beach, FL

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