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124 Kingston Ave 6 Unit Apartment Building $700,000 ($116,667/Unit) Daytona Beach, FL 32114
Executive Summary
124 Kingston Ave presents a 6-unit multifamily investment opportunity located in Daytona Beach, Florida. The property consists of a well-maintained apartment building offering investors stable in-place income with the opportunity to increase revenue through rental growth and operational improvements. With a manageable unit count and strong rental demand in the Daytona Beach market, the asset is well suited for both local and out-of-area investors seeking consistent cash flow.
The property is conveniently located near Downtown Daytona Beach, the Halifax River, and major transportation routes including US-1 and I-95, providing easy access to employment centers, retail, and the area’s coastal amenities. This central location and durable construction make 124 Kingston Ave a compelling value-add or long-term hold opportunity in a steadily growing rental market.
The property is conveniently located near Downtown Daytona Beach, the Halifax River, and major transportation routes including US-1 and I-95, providing easy access to employment centers, retail, and the area’s coastal amenities. This central location and durable construction make 124 Kingston Ave a compelling value-add or long-term hold opportunity in a steadily growing rental market.
Property Facts
| Price | $700,000 | Building Class | C |
| Price Per Unit | $116,667 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 6,538 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Parking Ratio | 2.75/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Commercial | ||
| Price | $700,000 |
| Price Per Unit | $116,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,538 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 2.75/1,000 SF |
| Zoning | Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5338-09-05-0300 | Improvements Assessment | $325,041 |
| Land Assessment | $120,000 | Total Assessment | $445,041 |
Property Taxes
Parcel Number
5338-09-05-0300
Land Assessment
$120,000
Improvements Assessment
$325,041
Total Assessment
$445,041
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124 Kingston Ave
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