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600 S Segrave Street

Daytona Beach, FL 32114
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Bed 4

Bed

Bath 4

Bath

SqFt2,016

Sqft

Acres0.20

Acre(Lot)

''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, t he 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, 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

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Detail Ic Property Details

Property Type : Residential

Price : $449,000

AD Id : 69986404

MLS Id : 1220451

Beds : 4

Lot Size : 0.20 Acre

Living Area Size : 2,016

Year Built : 1986

County : Volusia

Subdivision: Not On The List

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Sewer: Public Sewer

    Room Information

    Other Rooms: 2
  • Flooring Information

    Tile
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Refrigerator, Electric Water Heater, Electric Range
  • Heating & Cooling

    Heating: Central, Electric, Separate Meters Cooling: Separate Meters WaterSource: Public

  • Building Information

    Year Built: 1986 Construction Materials: Block, Stucco Security System: Security Lights, Smoke Detector(s) Roof: Shingle Foundation Details: Block, Slab
  • Exterior Features

    Foundation Details: Block, Slab
  • Road Types

    Paved
    City Street
  • Fencing

    Chain Link
  • Fencing

    Chain Link

  • Lot Information

    Lot Dimensions: 88.0 ft x 100.0 ft Lot Description: Corner Lot Lot Size Area: 0.2 Acres Lot Square Feet: 8,712 Stories: 2 Main Square Feet: 2016

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Other SQ ft (Living Area): 2,016 Subdivision: Not on the List MLS Area Minor: 32 - Daytona Beville to ISB, E of 95 Source Neighborhood: Not on the List Construction Materials: Block, Stucco Property Age: 40

  • Listing Price Information

    Listing Id: 1220451 ist Price: $449,000 List Price Tot SqFt: $223 Listing Terms Assumable, Cash, Conventional, FHA, VA Loan
  • Listing Information

    Possession: Close Of Escrow, Subject To Tenant Rights

  • Tax Information

    Parcel Number: 5339-48-00-0010 Annual Tax: $5,702 Tax Year: 2025 Taxes: 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

  • School Information

    Junior High School: Campbell
    Senior High School: Atlantic
  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Sewer Not Available
  • Location Information

    Direction: From ISB head south on US1 to west on Cypress about 4 blocks is 600 Segrave on SW corner
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847 S Ridgewood Avenue, Daytona Beach, FL, 32114 $199,900 3 2 1,248 1,248 SqFt
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110 Palm Place, Daytona Beach, FL, 32114 $239,900 3 3 1,395 1,395 SqFt
110 Palm Place, Daytona Beach, FL, 32114 $239,900 3 3 1,413 1,413 SqFt
711 S Palmetto Avenue, Daytona Beach, FL, 32114 $247,900 3 2 1,797 1,797 SqFt
711 S Palmetto Avenue, Daytona Beach, FL, 32114 $247,900 3 2 1,797 1,797 SqFt

ByOwner last updated this listing 06/19/2026 @ 15:44

MLS: 1220451 LISTED BY: Janet Lustik, Adams, Cameron & Co., Realtors 386-258-5500 SOURCE: Daytona Beach Area Association of REALTORS®

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