Share This Listing

Message

942 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 3 - Real Properties plus 3 Vacant Lots for expansion
  • Close to the Airport, Colleges, Speedway & Beach
  • Turn Key Operation

Executive Summary

DEAL ALERT — 315 LIVE OAK AVE, 404 & 408 S RIDGEWOOD AVE, DOWNTOWN DAYTONA BEACH
List Price: $1,650,000 — All Cash
Fully Furnished & Turnkey ($100,000 in furnishings included at no additional cost)
In-Place (T-12-Month) NOI ˜ $145,000 — ˜ 8.8% cap at the ask, trending toward 10%
A stabilized, professionally managed, cash-flowing portfolio — priced on its actual, verifiable numbers.
Three fully renovated buildings. Thirty income-producing bedrooms across a historic Victorian, a co-living house, and a single-family home. 1.5 acres with 164 feet of US-1 (Ridgewood) frontage in the heart of Downtown Daytona Beach — operated on PadSplit, the largest co-living platform in the country, under professional third-party management, and producing real cash flow today.
This is not a lease-up you must finish or a turnaround you must execute. Stabilization is already done, and it is in the actual trailing-twelve-month revenue of $243,000 +/- and in-place NOI of $145,000 +/-, with the first half of 2026 running at a $165,000+/- annualized NOI pace. You are buying proven income, fully furnished, hands-off from day one.
To find out much more please click the 1st attachment starting with Deal Alert. This will include Terms, Financial Summary and information about the 3 Assets.

Property Facts

Price $1,650,000
Price / SF $101.62 / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Cap Rate 8.79%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 1
Total Building Size 16,237 SF
Total Land Area 1.61 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
404 S Ridgewood Ave, Daytona Beach, FL 32114 Multifamily 15,237 SF 1901 $1,650,000
315 Live Oak Ave, Daytona Beach, FL 32114 Office 1,000 SF 1960 -
Show More > < Show Less
  • Listing ID: 41619507

  • Date on Market: 8/9/2026

  • Last Updated:

  • Address: 3 Buildings (30) Bed Rental Property, Daytona Beach, FL

Contact the Sale Advisor

3 Buildings (30) Bed Rental Property

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}