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205 N Wild Olive Avenue

Daytona Beach, FL 32118
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Bed 6

Bed

Bath 6

Bath

SqFt2,370

Sqft

Acres0.14

Acre(Lot)

TRIPLE CROWN OFFERING! Rare, turnkey beachside triplex delivering an immediate 6.6 CAP rate and positive cash flow from day one, with potential gross income of approximately $90,000+ annually based on market comparisons. This fully renovated property features three highly desirable 2BR/2BA residences with modern coastal finishes and no deferred maintenance. The front single-family home (approx. 1,100 SF) includes a bonus room/office and private washer/dryer hookups. The rear building offers two identical 2BR/2BA units (upstairs and downstairs) totaling approximately 1,300 SF, plus a shared laundry facility. Prime location directly across from Daytona Lagoon and just steps to the Atlantic Ocean, Ocean Center, restaurants, and entertainment. An exceptional turnkey investment opportunity in t he heart of Daytona Beach. Unit 205 - Front Single-Family Residence (Approx. 1,100 SF) 2 Bedrooms | 2 Bathrooms | Flexible Bonus Room This beautifully renovated single-family residence has been completely transformed with luxury coastal finishes throughout while preserving its beachside charm. The flexible bonus room is ideal for a home office, media room, or additional sleeping area. Unlike the rear units, this residence includes its own private washer and dryer hookups, eliminating the need to use the shared exterior laundry. Units 207A & 207B - Rear Duplex (Approx. 1,300 SF Total) Two Separate 2 Bedroom | 2 Bathroom Residences These identical upper and lower residences offer efficient layouts, durable upscale finishes, and broad rental appeal. Designed for easy ownership and long-term performance, they attract vacation renters, professionals, and seasonal residents alike. Exceptional Beachside Location Located within one of Daytona Beach's most walkable entertainment districts, the property benefits from year-round demand. Directly across from Daytona Lagoon Waterpark. Short walk to the Atlantic Ocean. Minutes to the Ocean Center and Peabody Auditorium. Walking distance to restaurants, nightlife, and entertainment. Shared outdoor laundry facility available for the rear duplex units. The Bottom Line Investment opportunities offering this level of quality, location, and operational efficiency are becoming increasingly difficult to find along Florida's coast. With immediate cash flow, a strong in-place CAP rate, and the potential to substantially increase gross revenue through market-rate leasing, 205 N Wild Olive represents an exceptional acquisition opportunity for investors seeking both stability and upside.

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Detail Ic Property Details

Property Type : Residential Income

Price : $818,000

AD Id : 88147891

MLS Id : 1228771

Beds : 6

Lot Size : 0.14 Acre

Living Area Size : 2,370

Year Built : --

County : Volusia

Subdivision: Memento

  • Map Map

Map

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Feature 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: Electric Oven Laundry Features: Common Area, Multiple Locations
  • Heating & Cooling

    Heating: Individual Cooling: Split System, Wall/Window Unit(s) WaterSource: Public
  • Fireplace

    Fireplace: Yes

  • Building Information

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

    Courtyard
  • Road Types

    City Street
  • Laundry Features

    Common Area, Multiple Locations

  • Lot Information

    Lot Description: Other 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: 1228771 ist Price: $818,000 List Price Tot SqFt: $345 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

    On Street, Shared Driveway

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: From the intersection of A1A and Earl Street, head west on Earl Street. Turn right onto N. Wild Olive Avenue. The triplex is the third property on the left.
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Nearby Home Value

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147 Lindley Road #A B, Daytona Beach, FL, 32118 $395,000 2 2 1,522 1,522 SqFt
130 Boynton Boulevard, Daytona Beach, FL, 32118 $350,000 3 3 1,440 1,440 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
415 Vermont Avenue, Daytona Beach, FL, 32118 $399,500 8 4 2,540 2,540 SqFt
215 S Oleander Avenue, Daytona Beach, FL, 32118 $165,000 2 2 1,442 1,442 SqFt
124 S Noble Street, Daytona Beach, FL, 32118 $499,000 2 4 1,930 1,930 SqFt

ByOwner last updated this listing 07/18/2026 @ 14:49

MLS: 1228771 LISTED BY: Kayla Williams, Realty Pros Commercial 386-253-8565 SOURCE: Daytona Beach Area Association of REALTORS®

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