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259 Jefferson St - Jefferson Apartments 3 Unit Apartment Building Offered at $389,300 at a 10.06% Cap Rate Daytona Beach, FL 32114
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
- Fully Renovated
- Close proximity to 2 major universities
EXECUTIVE SUMMARY
Fully Renovated Turnkey Triplex - Excellent Income Potential! Don't miss this incredible investment opportunity in the heart of Daytona Beach! This fully renovated triplex features 3 income-producing units, each upgraded in 2024 with new LVP flooring, rebuilt bathrooms, brand-new stainless steel appliances, new windows, and updated insulation. Major systems have been replaced, including a new roof (Dec 2024), 3 new A/C units, and 3 new water heaters—offering peace of mind and low maintenance for years to come. Estimated rental income ranges from $1,350 to $1,600 per unit/month, generating $48,600-$57,600 annually. Th cap rate provided is a pro forma rate. Ideal for long-term tenants, traveling professionals, or short-term rental strategies. Centrally located near colleges, beaches, and downtown Daytona. This is a truly turnkey property—perfect for investors seeking solid returns in a growing coastal market. Schedule your showing today!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$2,736
|
$2.74
|
| Operating Expenses |
$2,400
|
$2.40
|
| Total Expenses |
$5,136
|
$5.14
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $2,736 |
| Annual Per SF | $2.74 |
| Operating Expenses | |
|---|---|
| Annual | $2,400 |
| Annual Per SF | $2.40 |
| Total Expenses | |
|---|---|
| Annual | $5,136 |
| Annual Per SF | $5.14 |
PROPERTY FACTS Under Contract
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Pantry
- Vinyl Flooring
- Quartz Countertops
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $1,600 | 333 - 334 |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 5339-02-54-0051 | Total Assessment | $150,144 (2025) |
| Land Assessment | $27,500 (2025) | Annual Taxes | $2,736 ($2.74/SF) |
| Improvements Assessment | $122,644 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5339-02-54-0051
Land Assessment
$27,500 (2025)
Improvements Assessment
$122,644 (2025)
Total Assessment
$150,144 (2025)
Annual Taxes
$2,736 ($2.74/SF)
Tax Year
2024
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259 Jefferson St - Jefferson Apartments
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