Ad #7714309
MLS #O6407163
STABILIZED 7-UNIT CASH COW PRODUCING AN 8% CAP RATE ON ASKING
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
$769,000
--Beds
--Baths
2,972Sqft
0.11Acres
About this property
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 or long-term rentals! Call today!
Property Features
0 Beds
0 Baths
2,972 Sqft
Built in 1910
0.11 Acres
Siding: Block, HardiPlank Type
$5,721 / yr property tax
Volusia County
ROGERS SEABREEZE Community
Additional Photos
Contact Information
Husain Jaffer
Charles Rutenberg Realty Orlando LLC
407-923-7642
Location
Listing Agent: Husain Jaffer (License #: 3293364) 407-923-7642
Broker: Charles Rutenberg Realty Orlando LLC 407-622-2122 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Charles Rutenberg Realty Orlando LLC 407-622-2122 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$769,000
--
Beds
--
Baths
2,972
Sqft
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
By contacting this agent you agree to these Terms and Conditions.
MLS# O6407163
STABILIZED 7-UNIT CASH COW PRODUCING AN 8% CAP RATE ON ASKING
$769,000
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
--
Beds
--
Baths
2,972
Sqft
0.11
Acres
$769,000
16 S GRANDVIEW AVE, Daytona Beach, FL 32118
-- Beds
-- Baths
2,972 Sqft
0.11 Acres
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 or long-term rentals! Call today!
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Property Details
HOME DETAILS
0 Beds
0 Baths
2,972 Sqft
Built in 1910
0.11 Acres
EXTERIOR
Siding: Block, HardiPlank Type
FINANCIAL & COMMUNITY
$5,721 / yr property tax
Volusia County
ROGERS SEABREEZE Community
See More Details
Location
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Ad Statistics
Ad Number
7714309
Viewed
0 time
Listing Status
Active
Added
May 13, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Stellar MLS
Source Property ID
O6407163
Listing Agent: Husain Jaffer (License #: 3293364) 407-923-7642
Broker: Charles Rutenberg Realty Orlando LLC 407-622-2122 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Charles Rutenberg Realty Orlando LLC 407-622-2122 Listing Site
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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