$769,000
16 S Grandview Ave Daytona Beach, FL 32118
For Sale MLS# O6407163
2,972 sq ft Multi-family
Details for 16 S Grandview Ave
MLS# O6407163
Description for 16 S Grandview Ave, Daytona Beach, FL, 32118
STABILIZED 7-UNIT CASH COW PRODUCING AN 8% CAP RATE ON ASKING (AFTER TAXES, INSURANCE, AND EXPENSES)! 3 STREETS FROM THE BEACH! This is a rare, high-performing asset with a confirmed zoning of up to 10 units, and land use of 7 units per the Property Appraiser and zero code violations. This property delivers a strong 8% return in its current state, offering a proven track record of reliable income with even further room for appreciation. The property is fully stabilized with long-term tenants on active leases (6–12 months remaining) who take great pride in the property. Key features include a 2018 roof, solid mechanicals, on-site parking, a common patio area for tenants, and a "High and Dry" X flood zone designation. AS A BONUS: There is a large storage unit on-site that was previously an apartment and could be converted back for additional revenue. Located walking distance to the Main Street Pier and beach access, the equity here is undeniable: a 4-unit property just two doors down recently sold for $600k—this is 7 units with immediate, verifiable cash flow from day one. Perfect for a 1031 exchange or a portfolio expansion. Units nearby rent as AirBNB or long-term rentals! Call today!
Listing Information
Property Type: Commercial, Multi Family
Status: Active
Lot Size: 0.11 Acres
Square Feet: 2,972 sq ft
Year Built: 1910
Stories: 1 Story
Construction: Block,HardiPlank Type
Subdivision: Rogers Seabreeze
Foundation: Slab
Number Of Units Total: 7
County: Volusia
Utilities
Cooling: Wall/Window Unit(s)
Exterior / Lot Features
Lot Dimensions: 50x100
Driving Directions
I4 TO DAYTONA BEACH INTL SPEEDWAY
Financial Considerations
Terms: Cash
Gross Income: 78000
Tax/Property ID: 530401110050
Tax Amount: 5720.83
Tax Year: 2025
A broker reciprocity listing courtesy: CHARLES RUTENBERG REALTY ORLANDO
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 16 S Grandview Ave
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 16 S Grandview Ave
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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