BEDS6
BATHS
SQUARE FEET2,304
MLS#O6375014
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDAYTONA W 02/3 LT 06 BLK 26
Property Description
APPRAISED AT $304,000. Income Producing Triplex. Discover a strong cash-flowing investment opportunity with this well-maintained triplex in the heart of Daytona Beach. Consisting of two buildings with three separate units, this property is a proven income producer, currently generating $37,800 in annual rental income, with upside potential through rent increases or value-add improvements. Each unit is individually metered for electric and water, minimizing owner expenses and maximizing operational efficiency. The property also includes an additional fenced lot, providing flexibility for future development, storage, or added amenities. The roof was replaced in 2017, offering peace of mind and reduced near-term capital expenses. Ideally located just minutes from shopping, dining, entertainment, and the world-famous Daytona Beach, this property blends the appeal of coastal living with the fundamentals of a solid investment. Whether you're a seasoned investor looking to expand your portfolio or a buyer entering the multifamily market, this is a rare opportunity in a prime location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.26 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,773
Year Built: 1928
Amenities
Ceiling Fans(s)
Fence
Sidewalk
Feature Descriptions
Annual Net Income: 23000.00
Appliances: Microwave, Range, Refrigerator
Days on Site: 82
Directions: To get to 538 Loomis Ave, Daytona Beach, FL 32114 from Orlando, take I-4 East. Continue on I-4 for about 50 miles, thentake Exit 260B for US-92 East toward Daytona Beach. Merge onto US-92 East and follow it for approximately 10 miles. Turn left onto Nova
Exterior: Block, Stucco, Frame
Flood Zone Code: A
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, Owner Financing
Lot Dimensions: 0.26
Ownership: Fee Simple
Patio/Porch: Front Porch
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent
Special Sale Provisions: None
Units: 3
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RESI
Listed By / Shown By
Listed By
Agency Name: PROPERTY LOGIC RE
Agency Contact: 407-909-3436
Shown By
Agent Name: Len Renaud
Agent Phone: Cell: (315) 391-0726
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 2,021.10 per month $1,618.02 Principal & Interest $314.42 Property Tax $88.67 Homeowner's InsuranceChange Payment Information
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538 Loomis Avenue | MLS# O6375014
This multi-family property located at 538 Loomis Avenue, Daytona Beach, FL 32114 is currently listed for sale with an asking price of $304,000. Search Daytona Beach real estate on lenrenaud.adamscameron.com today.