900 S Peninsula Drive, Daytona Beach, FL 32118

$2,350,000

Property Type: Commercial Sale Status: Active

Current Price: $2,350,000 List Date: 5/29/2025 Last Modified: 4/28/2026

Overview

Description

Opportunity to acquire 18 units value-add in a 39-unit building under $150 per sq.ft. Currently at 6% cap with substantial upside. Waterfront property with immediate access to premier beaches and a private boat dock. All units are 2BR 1BA with central AC. New roofs - replaced in 2019. Concrete block product throughout. Situated in the heart of Daytona Beach, this property provides easy access to local attractions, dining establishments, shopping destinations and hospitals. Daytona Beach with its International Airport and vibrant atmosphere is a bustling city with year-round festivals and events, notably the iconic Daytona 500 NASCAR race.

Listing Details MLS# R11094772

General Property Information

Property Sub Type: Multi Family
Number Of Units Total: 18
Building Area Source: Owner
Year Built: 1972
Lot Size Area: 60112.8
Lot Size Acres: 1.38
Stories: 3

Property Features

Flooring: Carpet; Tile Heating: Central Possession: Other Sale Includes: Fixtures Tenant Pays: Electricity Cooling: Central Air Listing Terms: Cash; Conventional; Trade Roof: Concrete Security Features: Fire Alarm Sewer: Public Sewer Water Source: Public Showing Requirements: Appointment Only

Contract Information

Comp Sale YN: No
Original List Price: 2350000
Listing Service: Limited Service

Location and Legal

Country: United States
County Or Parish: Volusia
County Parish Name: Volusia
Street Number: 900
Street Direction Prefix: S
Street Name: Peninsula
Street Suffix: Drive
City Name: Daytona Beach
State Or Province: FL
Postal Code: 32118
Area: 5940 - Other Florida County
Geographic Area: Other
Parcel Number: 530958000250
Zoning: 0400 - CONDO
Property Description: 18 out of 39 units

Financial Information

Association Fee: 7494
Association Fee Frequency: Annually
Tax Annual Amount: 23293.13
Tax Year: 2023
Tax Legal Description: HARBOURSIDE SUNSETS CONDO

Remarks and Miscellaneous

Public Historical Remarks: Building Type: Y

More Information

Status Change Information

Major Change Timestamp: 2025-05-29T19:48:08Z
Major Change Type: New Listing
Status Change Date: 2025-05-29

Building and Property Details

# Of Tenants: 18
# Of Toilets: 18
% Air Conditioned: 100
Maximum Ceiling Height: 8

Meter Information

Number Of Meters Total: 18

Originating Details

Originating System Key: 20250529202542395422000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Flooring

Carpet: Yes
Tile: Yes

Documents Available

Photos: Yes

Tenant Pays

Electricity: Yes

Possession

Other: Yes

Sewer

Public Sewer: Yes

Heating

Central: Yes

Sale Includes

Fixtures: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Trade: Yes

Roof

Concrete: Yes

Security Features

Fire Alarm: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Appointment Only: Yes

Listing Office: FPB Investment Properties, Inc

Last Updated: April - 28 - 2026

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900 S Peninsula Drive, Daytona Beach, FL 32118 (MLS# R11094772)