DAYTONA BEACH, FL 32118 16 S GRANDVIEW AVE

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Presented By: CHARLES RUTENBERG REALTY ORLANDO with 407-622-2122. - 407-622-2122
  • MLS# O6407163
  • 05/12/2026
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Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • SQFT • 2,972

Home Details

STABILIZED 7-UNIT CASH COW PRODUCING AN 8% CAP RATE ON ASKING (AFTER TAXES, INSURANCE, AND EXPENSES)! 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 7 units per the Property Appraiser and zero code violations. This property delivers a strong 8% 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) 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 7 units with immediate, 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!
Presented By: CHARLES RUTENBERG REALTY ORLANDO with 407-622-2122. - 407-622-2122

Interior Features for 16 S GRANDVIEW AVE

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Total Stories1

General for 16 S GRANDVIEW AVE

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityDAYTONA BEACH
Construction MaterialsBlock, HardiPlank Type
CoolingWall/Window Unit(s)
CountyVolusia
DirectionsI4 TO DAYTONA BEACH INTL SPEEDWAY
Flood Zone CodeX
Flood Zone Code XY
Gross Income78000
Legal DescriptionLOT 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
Listing TermsCash
Living Area UnitsSquare Feet
Lot Size Square Feet5000
Lot Size UnitsSquare Feet
MLS Area32118 - Daytona Beach/Holly Hill
New ConstructionNo
Number Of Units Total7
OwnershipFee Simple
Property SubtypeMulti Family (5+)
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Subdivision NameROGERS SEABREEZE
Tax Annual Amount5720.83
Tax Lot5
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1910
Zoning02BR1

Exterior for 16 S GRANDVIEW AVE

Building Area Total4000
Foundation DetailsSlab
Lot Dimensions50 x 100
Lot Size Acres0.11
Lot Size Area5000
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Road Frontage TypeCity Street
Road Surface TypePaved
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Steven Pugh

Broker Associate | Team Leader
Price $769,000
MLS#O6407163
List Date 05/12/2026
Property Type Commercial
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Request Info
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