Unrivaled Florida Luxury Real Estate Brokerage
Address
205 Shady Place, DAYTONA BEACH, FL
Price
$ 449,900
Property Attributes
  • MLS#NS1089438
  • TypeSingle Family
  • Listing Status Active
  • CountyVolusia
  • CityDAYTONA BEACH
  • AreaDaytona Beach
  • NeighborhoodROWLADERS ADD 03 DAYTONA
  • Zip32114
  • StyleSingle Family Residence
  • Year Built1950
  • Taxes$ 5569
  • Price$ 449,900
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1080
  • Lot Size0.11 Acres
Data Source:
Stellar MLS
Property Description

INVESTMENT OPPORTUNITY! Four-unit multifamily property at 205 Shady Pl in Daytona Beach offering immediate income and meaningful value-add potential. All four units are fully leased and secured by longtime leases, providing an established and stable rental history. The property generates a 5.45 CAP under current market conditions. For investors looking to increase returns, the property offers several opportunities for future income growth. Rents can potentially be increased toward current market levels, while the electrical service can be separated and individually metered for each unit, creating an opportunity to reduce owner-paid expenses. These improvements, combined with the existing rental income, provide an attractive value-add investment strategy. With four occupied units, established tenancy, existing cash flow, and multiple avenues for improving the property's financial performance, this property is well suited for both experienced multifamily investors and those looking to expand their rental portfolio. Convenient Daytona Beach location adds to the property's long-term investment appeal. Buyer to verify all measurements, zoning, utility configurations, leases, expenses, and financial information.

Price History
10/13/2026 Listed $449,900

General Features

Sewer Public Sewer
Heating Other
Cooling Wall/Window Unit(s)
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Range,Refrigerator
Zoning MFR
Construction Materials HardiPlank Type
Year Built 1950
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Volusia
New Construction false
Property Type Residential
Subdivision Name ROWLADERS ADD 03 DAYTONA
Facing Direction North
Garage Y/N false
Total Rooms 6
Full Baths 4
Status Active
Directions From Beville Rd and Ridgewood Dr: Go north on Ridgewood Dr. Turn right onto Shady Pl. The building is on the right.
City DAYTONA BEACH
Senior Community Y/N false
MLS Area 32114 - Daytona Beach
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 5569.89
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1089438
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 39
Legal Description LOT 39 ROWLADERS 3RD ADD DAYTONA MB 4 PG 179 PER OR 4700 PG 3314 PER OR 6065 PG 1980 PER OR 6153 PGS 0444-0447 INC PER OR 6367 PGS 4453-4455 INC PER OR 6691 PG 3230 PER OR 7262 PG 4068 PER OR 7513 PG 2310 PER OR 7694 PG 1933 PER OR 7764 PG 1433 PER O R 784
Minimum Lease 6 Months
Water Access Y/N false
Water View Y/N false
Flood Zone Code X500
In Law Suite YN false
Flood Zone Code X500 Yes
DockY/N false

Interior Features

Interior Amenities Other
Flooring Vinyl
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Exterior Amenities None
Water Source Public
Lot Size Area 5000
Foundation Details Stem Wall
Building Area Total 2160
Lot Dimensions 50 x 100
Lot Size Acres 0.11
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32114

Price
AVG $350K
$450K
Taxes
AVG $4,314
$5,569
Year Built
AVG 1969
1950

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