Palmetto Townhomes 2322 S Palmetto Ave 15 Unit Apartment Building $2,800,000 ($186,667/Unit) 7% Cap Rate Daytona Beach, FL 32119

2322 S Palmetto Avenue presents a rare opportunity to acquire a fully renovated 15-unit townhouse-style apartment community in South Daytona, Florida. The property consists of three buildings with five units each, offering an attractive and highly desirable 2 Bedroom / 1.5 Bathroom townhouse layout.
Each unit features spacious two-story floorplans, private entrances, and in-unit washer and dryer, providing a strong competitive advantage over typical garden-style apartments. Units have been extensively renovated with updated kitchens, flooring, fixtures, and interior finishes, creating a turnkey investment opportunity with minimal near-term capital expenditures.