$875,000

205 Wild Olive Avenue

Daytona Beach, FL 32118

Active
6
Beds
6
Baths
2,370
Sq Ft
0.14
Acres
1947
Built
Water viewNew constructionFireplace$369/sqft360° tour
🏠Triplex

Property type

🏗️1947

Year built

📐6,250 sqft

Lot size

📊$369

Price / sq ft

🏘️No HOA

HOA dues

📅22

Days on market

🌊X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$4,424
Property taxes$237
Home insurance (est.)$401

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history22 days on market

  1. Status: Active
    May 5, 2026
  2. Listed$875,000
    May 5, 2026
  3. Price increased$875,000

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Triplex
Status
Active
Days on market
22
Subdivision
Smith Bertha K Resub Blks 17-18 21-23 & 26 Memento
County
Volusia
Year built
1947
Living area
2,370 sq ft
Price/sq ft
$369
Building area
2,626 sq ft (Public Records)
Lot size
6,250 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12127C0357J)
Annual taxes
$2,846 (2025)
Parcel #
00-53-05-12-22-0180
Zoning
02RP
MLS #
NS1088052

Interior Details

Bedrooms
6
Flooring
Luxury Vinyl
Appliances
Disposal, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
Interior features
Open Floorplan
Laundry
Common Area, Laundry Room, Outside
Stories / Levels
Two
Fireplace
Yes
New construction
Yes

Heating & Cooling

Heating
Ductless
Cooling
Wall/Window Unit(s)

Parking

Parking features
Common, Driveway, On Street

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple

Exterior & Construction

Exterior features
Outbuildings
Construction materials
Cement Siding
Roof
Shingle
Foundation
Crawlspace
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected

Listing Details

Listing date
2026-05-01
On market date
2026-05-05
Original list price
$875,000
Occupant type
Vacant
MLS area
32118 - Daytona Beach/Holly Hill
Listing AOR
Orlando Regional
Status changed
2026-05-05
Tax legal description
LOT 18 RESUB BLK 22 MEMENTO MB 2 PG 143 PER OR 4104 PG 3964 PER OR 6279 PGS 0484-0485 PER OR 7007 PG 0865

Flood risk

Minimal riskFEMA Zone XPanel 12127C0357J

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From A1A/ Earl St- head West on Earl, Right on N Wild Olive Ave, triplex is third on left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 27, 2026 at 11:15 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA