$875,000
205 N Wild Olive Avenue Daytona Beach, FL 32118
For Sale MLS# NS1088052
6 beds 6 baths 2,370 sq ft Multi-family
Details for 205 N Wild Olive Avenue
MLS# NS1088052
Description for 205 N Wild Olive Avenue, Daytona Beach, FL, 32118
Welcome to a rare, fully reimagined COASTAL INCOME PROPERTY TRIPLEX designed for investors seeking strong returns, low-maintenance ownership, and unbeatable location. Positioned directly across from Daytona Lagoon Waterparl and just steps from the Atlantic Ocean, this exceptional turnkey triplex places you in the center of everything that makes Daytona Beach one of Florida's most recognized beach destinations. Completely rebuilt and thoughtfully redesigned, this trophy multi-unit property blends modern construction, upscale finishes, and income-producing versatility. Whether utilized as a high-performing short-term rental portfolio, long-term executive housing, or an owner-occupied investment with supplemental income, 205 N Wild Olive delivers a compelling opportunity for immediate cash flow and long-term appreciation. The property consists of three beautifully finished 2-bedroom, 2-bath residences, each curated with contemporary coastal style and functionality in mind. Unit 205 - Front Residence Approx. 1,100 SF Single-Story Coastal Cottage Originally taken nearly to the studs and rebuilt with exceptional craftsmanship, the front residence preserves the charm of the original character while delivering the feel of a brand-new home. The redesigned floor plan features: 2 spacious bedrooms 2 full bathrooms Flexible bonus room ideal for a home office, bunk room, media space, or potential 3rd sleeping area Original decorative fireplace feature All-new roof, siding, systems, appliances, and finishes This residence offers the perfect blend of historic beachside charm and modern luxury. Unit 207 - Newly Constructed Rear Building Approx. 1,300 SF Total Two Separate Residences Built entirely from the ground up, the newly constructed rear building includes: One upstairs 2BR/2BA residence One downstairs 2BR/2BA residence Both units were designed with elevated attention to detail, maximizing comfort, durability, and rental appeal. Property Highlights Fully turnkey investment opportunity Three total 2BR/2BA residences Brand-new plumbing, electrical, roofing, appliances, and major systems Interior wall insulation for enhanced efficiency and sound reduction Built with above-code considerations for adverse weather resilience Dedicated outdoor laundry facility with oversized washer/dryer area Modern coastal finishes throughout Minimal deferred maintenance for years to come Prime Beachside Location Situated in one of the most walkable and desirable corridors of Daytona Beach, the property is moments from: Daytona Lagoon Waterpark The Ocean Center Peabody Auditorium Beaches, riverfront attractions, dining, nightlife, and shopping Its premier location supports strong year-round rental demand from vacationers, seasonal visitors, event attendees, and beachside professionals alike. Investment Performance Projected cap rates exceed 7 percent when maximizing all rentable space, with estimated owner-occupied performance exceeding 4 percent cap rate scenarios. This asset offers investors the increasingly rare combination of: New construction quality Prime beachside positioning Strong income potential Low maintenance ownership Long-term appreciation upside For the discerning investor seeking a polished, income-producing coastal asset with immediate operational potential, 205 N Wild Olive Ave represents a standout opportunity in the Daytona Beach market.
Listing Information
Property Type: Residential, Triplex
Status: Active
Bedrooms: 6
Bathrooms: 6
Lot Size: 0.14 Acres
Square Feet: 2,370 sq ft
Year Built: 1947
Stories: 2 Story
Construction: Cement Siding
Construction Display: New Construction
Subdivision: Smith Bertha K Resub Blks 17-18 21-23 & 26 Memento
Foundation: Crawlspace
Number Of Units Total: 3
County: Volusia
Construction Status: New Construction
Additonal Room Information
Laundry: Outside, Common Area, Laundry Room
Interior Features
Appliances: Tankless Water Heater, Disposal, Dryer, Range, Refrigerator, Washer
Flooring: Luxury Vinyl
Basement: Crawl Space
Fireplaces: Wood Burning, Living Room
Additional Interior Features: Open Floorplan
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Sewer Connected,Water Connected
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace, Window Unit
Exterior / Lot Features
Parking Description: on street, driveway, Common
Roof: Shingle
Lot View: Ocean,Water
Lot Dimensions: 50x125
Additional Exterior/Lot Features: Out Building(s), Rear Porch, Front Porch, Near Public Transit, City Lot
Out Buildings: Outbuilding
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2000
Unit 1 Baths Total: 2
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1800
Unit 2 Baths Total: 2
Unit 2 Beds Total: 2
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1800
Unit 3 Baths Total: 2
Unit 3 Beds Total: 2
Driving Directions
From A1A/ Earl St- head West on Earl, Right on N Wild Olive Ave, triplex is third on left.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tax/Property ID: 00-53-05-12-22-0180
Tax Amount: 2846.29
Tax Year: 2025
A broker reciprocity listing courtesy: PREMIER SOTHEBYS INTL REALTY
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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 205 N Wild Olive Avenue
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 205 N Wild Olive Avenue
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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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