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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)

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 Waterparl 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, 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $875,000

AD Id : 77982563

MLS Id : MFRNS1088052

Beds : 6

Lot Size : 0.14 Acre

Living Area Size : 2,370

Year Built : 1947

County : Volusia

Subdivision: Smith Bertha K Resub Blks 17-18 21-23 & 26 Memento

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Map

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 6

    Interior Features

    Open Floorplan Roof: Shingle Appliances: Disposal, Dryer, Range, Refrigerator, Tankless Water Heater, Washer Laundry Features: Common Area, Laundry Room, Outside

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Luxury Vinyl Construction Materials: Cement Siding
  • Heating & Cooling

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

  • Building Information

    Year Built: 1947
  • Exterior Features

    Outbuildings Construction Materials: Cement Siding Foundation Details: Crawlspace

  • Lot Information

    Lot Dimensions: 50x125 Lot Description: City Limits, Near Public Transit, Paved Lot Square Feet: 6250 Lot Acres: 0.14 Lot Size (SqMt): 581

    Property Information

    Property Type: Residential Income Sub Type: Triplex

  • Listing Price Information

    Original List Price:$875000

  • Tax Information

    Tax Block: 22 Tax Book Number: 2-143 Tax Lot: 18 Tax Legal Description: 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 Annual Tax: $2846.29 Tax Year: 2025 Parcel Number: 00-53-05-12-22-0180

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: SMITH BERTHA K RESUB BLKS 17-18 21-23 & 26 MEMENTO City: DAYTONA BEACH 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
16 S Grandview Avenue, Daytona Beach, FL, 32118 $749,000 5 8 2,972 2,972 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
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ByOwner last updated this listing 06/24/2026 @ 18:20

MLS: MFRMLS #NS1088052 LISTED BY: Jennifer Matacale, PREMIER SOTHEBYS INTL REALTY 386-761-2172 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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