About 26-28 S Hollywood Avenue
An exceptional opportunity to acquire a stabilized, income-producing five-unit multifamily property located in the desirable Surfside Historic District of Daytona Beach. This property delivers a net operating income (NOI) of $64,114 and a 9.1 cap rate, offering investors a blend of strong returns and long-term appreciation potential. Four of the five units are currently occupied, providing immediate, dependable cash flow. The property benefits from a combined federal housing income, ensuring reliable, government-backed rent payments and reduced vacancy risk. Nestled in one of Daytona Beach’s most sought-after neighborhoods, this property combines historic character with modern income performance. Residents enjoy proximity to the Daytona Beach shoreline, downtown entertainment, and major employers, enhancing both tenant demand and property value.
Features of 26-28 S Hollywood Avenue
| MLS® # | O6357025 |
|---|---|
| Price | $700,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Square Footage | 2,996 |
| Acres | 0.13 |
| Year Built | 1918 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Listing Details
| Office | OUTLET REALTY |
|---|
Listing Map
Neighborhood Information for 26-28 S Hollywood Avenue
Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Imagination Station Too Montessori Private - Preschool to Kindergarten |
1 Miles | |
|
|
Riverview Learning Center Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
|
Basilica School Of St Paul Catholic - Preschool to 8Th Grade - Closest Elementry School |
1 Miles | |
|
|
Pure In Heart Christian Academy And Performing Arts Center Private - to |
1 Miles | |
|
|
Friendship Academy Private - Preschool to Preschool |
1 Miles | |
|
|
Our Lady Of Lourdes Catholic School Catholic - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
Ortona Elementary School Public - Kindergarten to 5Th Grade |
2 Miles |
School data provided by GreatSchools