About 600 S Segrave Street
'Value-Add 4-Plex Investment Opportunity in the Growing South Daytona Corridor Solid block-construction 4-unit multifamily property featuring four spacious 1-bedroom, 1-bath units with functional open-concept layouts, strong occupancy history, and significant long-term rental upside potential. The property has maintained consistent occupancy over multiple years and benefits from strong workforce housing demand driven by proximity to Daytona Beach, major employers, shopping, dining, and several nearby colleges and universities. Recent capital improvements include: Brand-new roof (2025) Updated bathroom vanities (2022) New stoves and refrigerators in Units 1 and 4 (2022) Situated on a desirable corner lot with additional parking and excellent accessibility, the property offers investors a compelling blend of current income, operational stability, and future NOI growth potential. Current rents remain materially below prevailing South Daytona market rates, creating a clear value-add and rent stabilization opportunity for investors seeking long-term cash flow growth and appreciation potential. Comparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time. Strong candidate for investors seeking: *Long-term hold strategy *workforce housing demand *future cap-rate improvement through stabilization *Excellent opportunity to acquire a fully occupied income-producing asset with measurable upside in one of Volusia County's established rental corridors."
Features of 600 S Segrave Street
| MLS® # | FC318287 |
|---|---|
| Price | $434,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,016 |
| Acres | 0.20 |
| Year Built | 1986 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Listing Details
| Office | ADAMS, CAMERON & CO., REALTORS |
|---|
Listing Map
Neighborhood Information for 600 S Segrave Street
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Mount Calvary Academy Private - Preschool to 6Th Grade - Closest Elementry School |
1 Miles | |
|
Turie T. Small Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Pure In Heart Christian Academy And Performing Arts Center Private - to |
1 Miles | |
|
|
Campbell Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Word And Praise Christian Learning Center Private - Preschool to 8Th Grade |
1 Miles | |
|
|
Basilica School Of St Paul Catholic - Preschool to 8Th Grade |
1 Miles | |
|
|
Friendship Academy Private - Preschool to Preschool |
1 Miles |
School data provided by GreatSchools