Description
‘Value-Add 4-Plex 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, the 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-add and 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:
*Long-term hold strategy
*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.”
Address
Open on Google Maps-
Address: 600 S SEGRAVE STREET
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City: Daytona Beach
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State/county: FL
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Zip/Postal Code: 32114
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Country: US
Details
Atualizado em junho 29, 2026 no 7:00 pm-
Property ID FC318287
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Price $449,000
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Property Size 2096 m²
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Land Area 0.2 m²
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Bedrooms 4
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Bathrooms 4
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Garage Size x x
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Year Built 1986
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Property Type Quadruplex, Residential Income
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Property Status Active, For Sale
Additional details
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Roof Shingle
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Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Central,Electric
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County Volusia
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Property Type Residential Income
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees