732 N Halifax Ave Daytona Beach, FL 32118
Property details
About 732 N Halifax Ave
Turnkey 25-Unit Multifamily Investment - True 6 Percent CAP | River Views | $150,000 Per Door. Introducing 732 N. Halifax Avenue, a fully completed 25-unit apartment building in Daytona Beach, FL -now available for purchase at $3,750,000 ($150,000 per door). This stabilized, income-producing asset offers a true 6P capitalization rate based on a current Net Operating Income of $227,228, verified and up to date. These are real numbers — no projections, no inflation, no guesswork. Positioned just blocks from the beach and offering expansive views of the Halifax River and Atlantic Intracoastal Waterway system, this five-story building attracts strong tenant demand while requiring minimal maintenance. While not directly waterfront, many units benefit from attractive river vistas, which enhance long-term leasing potential. Key investment highlights: • 25 Units: Mix of 1- and 2-bedroom layouts• Coin-operated laundry in the first-floor lobby• Concrete block construction for long-term (cont) " Elevator access, secure entry, and designated parking " Located in a strong rental corridor with limited multifamily competition nearby With a solid in-place income stream and no immediate capital improvements needed, this property is ideal for investors seeking reliable returns in a high-growth Florida market. At the asking price, this building delivers consistent cash flow with verified financials and a clean 6 percent cap rate. Contact us today for the rent roll, expense breakdown, and to schedule a private tour of this high-performing asset.
Highlights
Summary
- Full Bathrooms: 37
- Appliances: Refrigerator, Microwave, Electric Range
- Flooring Type: Tile, Vinyl
- Total Bedroom Count: 37
- Attached Garage: No
- Parking: Off Street
- Waterfront: River Front
- View: City, Bridge(s), Marina, River
- Exterior: Balcony
- Heating: Central, Electric
- Cooling: Central Air, Multi Unit(s), Separate Meters
- List Price: $3,750,000
- Price/SqFt: $141
- Annual Tax Amount: $30,054
- Tax Year: 2023
- Lot: Sprinklers In Front
- Directions: Mason St east to Seabreeze Bridge . Left on Halifax Ave. 1.5 blocks N of Seabreeze Blvd
- Year Built: 1963
- Stories: 5
- Living Area: 26,470 SqFt
- Lot Size: 0.43 Acres
- MLS Number: 1214090
- MLS Name: Daytona
- Office Name: Miller Real Estate and Assoc.
- Office Phone: (386) 677-3002
- Office Email: ormondbeech@netzero.net
- Listing Agent: Matt Gomes, Andy Miller
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright 2025 Daytona Beach Area Association of REALTORS Multiple Listing Services. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 4:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,750,000
732 N Halifax Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 22, 2012 | Home Sold | $660,000 |
| Feb 15, 2007 | Home Sold | $1,765,000 |
| Oct 07, 2004 | Home Sold | $1,000,000 |
| Oct 07, 2004 | Home Sold | $260,000 |
| Oct 07, 2004 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,999,754 | $30,054 |
| 2022 | $1,515,788 | $26,039 |
| 2021 | $1,404,872 | $26,039 |
| 2020 | $1,395,143 | $25,339 |
| 2019 | $1,049,571 | $20,642 |
| 2018 | $1,010,425 | $20,632 |
| 2017 | $975,186 | $19,849 |
History based on county public records data.
Nearby schools
6
Turie T. Small Elementary School
Public District PK-5
2.9 mi
•800 South St
2
Westside Elementary School
Public District PK-5
3.3 mi
•1700 5th St
5
Beachside Elementary School
Public District KG-5
3.7 mi
•100 Osceola Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,541. The majority of Daytona Beach, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC
Figure Skating
Soccer
Where do the neighbors shop?
Family Dollar
Chico's
Forever 21
Where do the neighbors go to eat?
Burger King
Bob Evans
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Mazda
What do the neighbors listen to?
Urban Contemporary
News
Rhythmic Contemporary Hits
Frequently asked questions
About 732 N Halifax Ave
The listing price of 732 N Halifax Ave property is $3,750,000.
The property 732 N Halifax Ave is a multi located in Daytona Beach, Florida, 32118.
Active Listing: 732 N Halifax Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 732 N Halifax Ave are: Turie T. Small Elementary School (GreatSchools Rating 6/10), Westside Elementary School (GreatSchools Rating 2/10), Beachside Elementary School (GreatSchools Rating 5/10), Holly Hill School K-8 (GreatSchools Rating 2/10), Campbell Middle School (GreatSchools Rating 3/10), David C. Hinson Sr. Middle School (GreatSchools Rating 5/10), Riverview Learning Center (GreatSchools Rating 1/10), The Chiles Academy (GreatSchools Rating 1/10), Seabreeze High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $30,054 (source: MLS/based on county public records data).
The last sale was on October 22, 2012 for $660,000 (source: MLS/tax record).
The property 732 N Halifax Ave is 26,470 SqFt (source: MLS/tax record).
The year of construction for 732 N Halifax Ave is 1963.
This home is located at 732 N Halifax Ave in Daytona Beach, FL and zip code 32118 in the East Daytona neighborhood. This 26,470 square foot home, which was built in 1963, sits on a 0.43 acre lot. Features: 37 bedrooms, 37 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $3,750,000.
Daytona Beach, FL housing market in May 2025 saw over 14 listings sold above listed price, more than 35 sold at listed price and over 156 sold below. Between April and May 2025, Daytona Beach, FL real estate market has seen increase in the number of listings by 5.1%. In May 2025, listings were on the market for 120 days. During the same period, the median list price in this real estate market was $307,000.