About 212 S Oleander Avenue
Presenting an outstanding opportunity to acquire a stabilized, income-producing four-unit multifamily property ideally located in the heart of Surfside Historic District. Three of the four units are currently occupied, this asset delivers a net operating income (NOI) of $48,205 and an attractive 9 cap rate, offering investors strong in-place returns and reliable, consistent cash flow. The property is well maintained, has a brand new roof and features a stable tenant base, ensuring dependable rental performance with minimal management demands. Its desirable location supports year-round occupancy and long-term tenant retention. A majority of tenants are supported through federal housing. Centrally positioned just minutes from Daytona Beach International Airport, Daytona International Speedway, and the world-renowned Daytona Beach shoreline, the property benefits from excellent accessibility, strong market fundamentals, and continued economic growth in one of Florida’s most active coastal investment markets. Whether expanding an existing portfolio or seeking a secure entry point into the Daytona Beach multifamily sector, 212 S Oleander Ave represents an exceptional opportunity offering both immediate income stability and future appreciation potential.
Residential Income home for sale in DAYTONA BEACH, FL at 212 S Oleander Avenue. This 4 bedroom Residential Income home is priced at $248/sqft
Features of 212 S Oleander Avenue
| MLS® # | O6356647 |
|---|---|
| Price | $535,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,160 |
| Acres | 0.12 |
| Year Built | 1924 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information: Daytona Beach
| Address | 212 S Oleander Avenue |
|---|---|
| Area | Daytona Beach/Holly Hill |
| Subdivision | FUQUAYS DAYTONA BEACH |
| City | DAYTONA BEACH |
| County | Volusia |
| State | FL |
| Zip Code | 32118-4315 |
Amenities of 212 S Oleander Avenue
| Parking | Driveway |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Senior Community | No |
Interior of 212 S Oleander Avenue
| Interior Features | Other |
|---|---|
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior of 212 S Oleander Avenue
| Exterior Features | Storage |
|---|---|
| Roof | Shingle |
| Foundation | Block |
Additional Information On 212 S Oleander Avenue
| Date Listed | October 30th, 2025 |
|---|---|
| Zoning | 02RP |
| Flood Zone Code | X |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | OUTLET REALTY |
|---|