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3 PARCELS 3 PROPERTIES: 76 bedroom 40 baths. Riverside at South Daytona presents a rare opportunity to acquire a fully repositioned, cash-flowing four-building multifamily portfolio in one of Florida's dynamic coastal markets. Located off South Palmetto Avenue in Daytona Beach, this exceptional asset sits within close proximity to the Halifax River corridor, offering residents a waterfront lifestyle with close access to Riverfront Veterans Memorial Park's boat ramps and other recreational amenities. Current ownership has executed a comprehensive capital improvement program that transformed the entire portfolio through exterior enhancements including new monument signage, refreshed paint, updated soffits and gutters, and complete interior renovations across all unit configurations delivering contemporary finishes that command premium rents. The property offers a well-balanced unit mix of one and two-bedroom apartments in a garden-style configuration.
Features
Age: Over 50 Years Old
Building Units: 40
Exterior Type: Concrete
Exterior Type: Block
Floor Covering: Vinyl
Floor Covering: Tile
Legal Description: E 331 FT OF LOT 43A E OF RIDGEWOOD AVE BLAKE DB E PG 150 MB 1 PG 38 PER OR 4673 PGS 1318-1319 PER OR 4673 PGS 1539-1540 PER OR 7792 PG 4778 PER OR 8452 PG 2562