16 S Grandview Avenue
DAYTONA BEACH, FL 32118
5
Bed
8
Bath
2,972Sqft
0.11Acre(Lot)
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 sto
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 5Bathroom Information
Total Baths: 8Interior Features
Other Roof: Shingle Laundry Features: Laundry RoomRoofing Information
Shingle -
Flooring Information
Construction Materials: Brick, Wood Siding -
Heating & Cooling
Heating: Ductless Cooling: Wall/Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1910 -
Exterior Features
Fence, Private Mailbox, Private Yard Construction Materials: Brick, Wood Siding Foundation Details: Block, Slab
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Lot Information
Lot Dimensions: 50x100 Lot Square Feet: 5000 Lot Acres: 0.11 Lot Size (SqMt): 465Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$749000
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Tax Information
Tax Block: 11 Tax Book Number: MB14-80 Tax Lot: 5 Tax Legal Description: LOT 5 BLK 11 ROGERS SEABREEZE DB O PG 301 PER OR 3987 PG 0600 PER OR 8496 PG 3553 PER OR 8674 PGS 1438 THRU 1439 INC PER OR 8680 PG 3564 Annual Tax: $5720.83 Tax Year: 2025 Parcel Number: 5304-01-11-0050
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Utility Information
Public Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: ROGERS SEABREEZE City: DAYTONA BEACH Direction: I4 TO 95 OVER THE BRIDGE
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 147 Lindley Road #A B, Daytona Beach, FL, 32118 | $450,000 | 2 | 2 | 1,522 | 1,522 SqFt |
| 130 Boynton Boulevard, Daytona Beach, FL, 32118 | $350,000 | 3 | 3 | 1,440 | 1,440 SqFt |
| 602 Braddock Avenue, Daytona Beach, FL, 32118 | $699,000 | 8 | 4 | 3,010 | 3,010 SqFt |
| 312 Frances Terrace, Daytona Beach, FL, 32118 | $449,900 | 4 | 5 | 2,150 | 2,150 SqFt |
| 312 Frances Terrace, Daytona Beach, FL, 32118 | $449,900 | 4 | 6 | 2,220 | 2,220 SqFt |
| 520 Vermont Avenue, Daytona Beach, FL, 32118 | $419,900 | 4 | 2 | 1,288 | 1,288 SqFt |
| 124 S Noble Street, Daytona Beach, FL, 32118 | $499,000 | 2 | 4 | 1,930 | 1,930 SqFt |
| 162 S Peninsula Drive, Daytona Beach, FL, 32118 | $744,900 | 10 | 5 | 3,264 | 3,264 SqFt |
| 137-139 S Halifax Avenue, Daytona Beach, FL, 32118 | $535,000 | 6 | 5 | 2,916 | 2,916 SqFt |
| 205 N Wild Olive Avenue, Daytona Beach, FL, 32118 | $889,999 | 6 | 6 | 2,370 | 2,370 SqFt |
Similar Multifamily To 16 S Grandview Avenue
Nearby For Sale
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ByOwner last updated this listing 06/24/2026 @ 06:20
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