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205 N Wild Olive Avenue

Daytona Beach, FL 32118

$889,999 $3,752/Mo

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Overview

Bed

Bath

2,370

Sqft

0.14

Acre(Lot)

Description

Welcome to a rare, fully reimagined COASTAL INCOME PROPERTY TRIPLEX designed for investors seeking strong returns, low-maintenance ownership, and unbeatable location. Positioned directly across from Daytona Lagoon Waterpark and just steps from the Atlantic Ocean, this exceptional turnkey triplex places you in the center of everything that makes Daytona Beach one of Florida's most recognized beach destinations. Completely rebuilt and thoughtfully redesigned, this trophy multi-unit property blends modern construction, upscale finishes, and income-producing versatility. Whether utilized as a high-performing short-term rental portfolio, long-term executive housing, or an owner-occupied investment with supplemental income, 205 N Wild Olive delivers a compelling opportunity for immediate cash fl ow and long-term appreciation. The property consists of three beautifully finished 2-bedroom, 2-bath residences, each curated with contemporary coastal style and functionality in mind. Unit 205 - Front Residence Approx. 1,100 SF Single-Story Coastal Cottage Originally taken nearly to the studs and rebuilt with exceptional craftsmanship, the front residence preserves the charm of the original character while delivering the feel of a brand-new home. The redesigned floor plan features: 2 spacious bedrooms 2 full bathrooms Flexible bonus room ideal for a home office, bunk room, media space, or potential 3rd sleeping area Original decorative fireplace feature All-new roof, Hardi-Board siding, systems, appliances, and finishes This residence offers the perfect blend of historic beachside charm and modern luxury. Unit 207 - Newly Constructed Rear Building Approx. 1,300 SF Total Two Separate Residences Built entirely from the ground up, the newly constructed rear building includes: One upstairs 2BR/2BA residence One downstairs 2BR/2BA residence Both units were designed with elevated attention to detail, maximizing comfort, durability, and rental appeal. Property Highlights Fully turnkey investment opportunity Three total 2BR/2BA residences Brand-new plumbing, electrical, roofing, appliances, and major systems Interior wall insulation for enhanced efficiency and sound reduction Built with above-code considerations for adverse weather resilience Dedicated outdoor laundry facility with oversized washer/dryer area Modern coastal finishes throughout Minimal deferred maintenance for years to come Prime Beachside Location Situated in one of the most walkable and desirable corridors of Daytona Beach, the property is moments from: Daytona Lagoon Waterpark The Ocean Center Peabody Auditorium Beaches, riverfront attractions, dining, nightlife, and shopping Its premier location supports strong year-round rental demand from vacationers, seasonal visitors, event attendees, and beachside professionals alike. Investment Performance Projected cap rates exceed 7 percent when maximizing all rentable space, with estimated owner-occupied performance exceeding 4 percent cap rate scenarios. This asset offers investors the increasingly rare combination of: New construction quality Prime beachside positioning Strong income potential Low maintenance ownership Long-term appreciation upside For the discerning investor seeking a polished, income-producing coastal asset with immediate operational potential, 205 N Wild Olive Ave represents a standout opportunity in the Daytona Beach market.

Property Details

Property Type : Residential Income

Price : $889,999

AD Id : 77924174

MLS Id : 1225985

Beds : 6

Lot Size : 0.14 Acre

Living Area Size : 2,370

Year Built : --

County : Volusia

Subdivision: Memento

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6

Bathroom Information

Total Baths: 6 Full Baths: 6

Water/Sewer

Sewer: Public Sewer
Flooring Information

Laminate
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Washer, Tankless Water Heater, Refrigerator, Electric Range, Dryer Laundry Features: Common Area
Heating & Cooling

Heating: Individual Cooling: Wall/Window Unit(s) WaterSource: Public
Fireplace

Fireplace: Yes Number of Fireplaces: 1 Fireplace Features: 1

Building Information

Stories: 2 Construction Materials: Cement Siding New Construction: Yes Roof: Shingle
Exterior Features

Courtyard
Road Types

Paved

City Street
Laundry Features

Common Area

Lot Information

Lot Dimensions: 50.0 ft x 125.0 ft Lot Description: Cleared Lot Size Area: 0.14 Acres Lot Square Feet: 6,098 Stories: 2 Main Square Feet: 2370

Property Information

Property Type: Residential Income Sub Type: Triplex SQ ft (Living Area): 2,370 Subdivision: Memento MLS Area Minor: 14 - Daytona Peninsula S of Seabreeze Source Neighborhood: Memento Construction Materials: Cement Siding

Listing Price Information

Listing Id: 1225985 ist Price: $889,999 List Price Tot SqFt: $376 Listing Terms Cash, Conventional, FHA, VA Loan
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 5305-12-22-0180 Annual Tax: $2,846 Tax Year: 2025 Taxes: LOT 18 RESUB BLK 22 MEMENTO MB 2 PG 143 PER OR 4104 PG 3964 PER OR 6279 PGS 0484-0485 PER OR 7007 PG 0865 PER OR 8799 PG 2582

Parking Information

Parking Total: 2 On Street, Shared Driveway

Utility Information

Electricity Connected, Sewer Connected, Water Connected
Location Information

Direction: From A1A/ Earl St- head West on Earl, Right on N Wild Olive Ave, triplex is third on left.

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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	$875,000	6	6	2,370	2,370 SqFt

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