205 N Wild Olive Ave, Daytona Beach, Florida 32118

  • $875,000

Description

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.

Details

  • Property ID NS1088052
  • Price $875,000
  • Property Size 2626 Sqft
  • Land Area 0.14 Acres
  • Bedrooms 6
  • Bathrooms 6
  • Year Built 1947
  • Property Type Triplex, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Conventional, FHA, VA Loan
  • Roof Shingle
  • Utilities Electricity Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Ductless
  • Flooring Luxury Vinyl
  • County Volusia
  • Property Type Residential Income
  • Parking Common, Driveway, On Street
  • Address: 205 N WILD OLIVE AVENUE
  • City: Daytona Beach
  • State/county: FL
  • Zip/Postal Code: 32118
  • Country: US

360° Virtual Tour

What's Nearby?

Active Life
Ing Active Nation (2.86 mi)
0 reviews
Active Cleaning (6.15 mi)
0 reviews
Active Health (79.58 mi)
Exceptional 3 reviews
Be Active Mobility (25.55 mi)
Exceptional 2 reviews
Restaurants
Stroud's Daytona Lagoon (0.05 mi)
0 reviews
Health Tree Cafe (0.12 mi)
Good 127 reviews
Domino's Pizza (0.13 mi)
Average 27 reviews
Plaza Resort and Spa (0.15 mi)
0 reviews

Contact Information

View Listings

Enquire About This Property