$665,000
16 Grandview AvenueDaytona Beach, FL 32118
Listing updated: September 9, 2026 at 3:16 PM ET
Listing courtesy of Charles Rutenberg Realty Orlando · Husain Jaffer · MLS #O6419368 · Active · 407-622-2122Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
9.3% CAP RATE!1! STABILIZED CASH COW PRODUCING AN 9.3% CAP RATE ON ASKING (AFTER TAXES, INSURANCE, AND EXPENSES OF APPROX $17K PER YEAR!) 3 STREETS FROM THE BEACH! This is a rare, high-performing asset with a confirmed zoning of up to 10 units, and land use of upto 10 units per the Property Appraiser and zero code violations. This property delivers a strong 9.3% return in its current state, offering a proven track record of reliable income with even further room for appreciation. The property is fully stabilized with long-term tenants on active leases (6–12 months remaining on each lease and they want to renew) who take great pride in the property. Key features include a 2018 roof, solid mechanicals, on-site parking, a common patio area for tenants, and a "High and Dry" X flood zone designation. AS A BONUS: There is a large storage unit on-site that was previously an apartment and could be converted back for additional revenue. Located walking distance to the Main Street Pier and beach access, the equity here is undeniable: a 4-unit property just two doors down recently sold for $600k—this is verifiable cash flow from day one. Perfect for a 1031 exchange or a portfolio expansion. Units nearby rent as AirBNB or long-term rentals! Call today!
Estimated monthly payment
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 history29 days on market
- Status: ActiveSep 9, 2026
- Listed$749,000Jun 23, 2026
- Price reduced$665,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 29
- Subdivision
- Rogers Seabreeze
- County
- Volusia
- Year built
- 1910
- Living area
- 2,972 sq ft
- Price/sq ft
- $224
- Lot size
- 5,000 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $5,721 (2025)
- Parcel #
- 5304-01-11-0050
- Zoning
- 02BR1
- MLS #
- O6419368
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Interior Details
- Bedrooms
- 5
- Interior features
- Other
- Laundry
- Laundry Room
Heating & Cooling
- Heating
- Ductless
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Fence, Private Mailbox, Private Yard
- Construction materials
- Brick, Wood Siding
- Roof
- Shingle
- Foundation
- Block, Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2026-06-23
- On market date
- 2026-06-23
- Original list price
- $749,000
- MLS area
- 32118 - Daytona Beach/Holly Hill
- Listing AOR
- Orlando Regional
- Status changed
- 2026-09-09
- Tax legal description
- LOT 5 BLK 11 ROGERS SEABREEZE DB O PG 301 PER OR 3987 PG 0600 PER OR 8496 PG 3553 PER OR 8674 PGS 1438 THRU 1439 INC PER OR 8680 PG 3564
Flood risk
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
I4 TO 95 OVER THE BRIDGE
Property sale history
Public records16 S GRANDVIEW AVE, DAYTONA BEACH 32118
- Mar 2025$465,000
2,972 sq ft · Built 1910 · 0.1148 acres
Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.
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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 September 9, 2026 at 3:16 PM 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.
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