205 Shady Place
Daytona Beach, FL 32114

Listed at $449,900

Details

  • MLS# NS1089438
  • Residential - Single Family
  • Status Active
  • 4 Bedrooms
  • 4 full Bathrooms
  • 1,080 Square Feet
  • 0.110 acres
  • Built in 1950
  • Local Schools

Description

INVESTMENT OPPORTUNITY! Four-unit multifamily property at 205 Shady Pl in Daytona Beach offering immediate income and meaningful value-add potential. All four units are fully leased and secured by longtime leases, providing an established and stable rental history. The property generates a 5.45 CAP under current market conditions. For investors looking to increase returns, the property offers several opportunities for future income growth. Rents can potentially be increased toward current market levels, while the electrical service can be separated and individually metered for each unit, creating an opportunity to reduce owner-paid expenses....read more These improvements, combined with the existing rental income, provide an attractive value-add investment strategy. With four occupied units, established tenancy, existing cash flow, and multiple avenues for improving the propertys financial performance, this property is well suited for both experienced multifamily investors and those looking to expand their rental portfolio. Convenient Daytona Beach location adds to the propertys long-term investment appeal. Buyer to verify all measurements, zoning, utility configurations, leases, expenses, and financial information.

Features

  • Range
  • Refrigerator
  • Wall/Window Unit(s)
  • Vinyl
  • Other
  • 2.0 Stories
  • $5,569 Taxes
  • Public
  • Built in 1950
View All Features

Contact the Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 10/31/2026. The listing information on this page last changed on 10/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 10/31/2026 12:22:58 AM EST) or Miami MLS (last updated Sat 10/31/2026 12:19:05 AM EST) or Stellar MLS (last updated Sat 10/31/2026 12:10:43 AM EST) or Daytona MLS (last updated Fri 10/30/2026 11:36:47 PM EST) or Tallahassee MLS (last updated Fri 10/30/2026 10:48:33 PM EST) or Northeast Florida MLS (last updated Sat 10/31/2026 12:18:58 AM EST) or My State MLS (last updated Fri 10/30/2026 11:30:54 PM EST) or Florida Keys MLS (last updated Fri 10/30/2026 8:33:12 PM EST). Real estate listings held by brokerage firms other than Adams Cameron & Co. REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

mls logo
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that 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, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



Privacy Policy / DMCA Notice / ADA Accessibility

Property Image 1
Property Image 2
Property Image 3
Property Image 4
Property Image 5
Property Image 6
Property Image 7
Property Image 8
Property Image 9
Property Image 10
Property Image 11
Property Image 12
Property Image 13

All Property Features

  • Property Type: Residential - Single Family
  • Appliances: Range, Refrigerator
  • Cooling: Wall/Window Unit(s)
  • Days on Site: 18
  • Directions: From Beville Rd and Ridgewood Dr:Go north on Ridgewood Dr. Turn right onto Shady Pl. The building is on the right.
  • Exterior: HardiPlank Type
  • Exterior Features: None
  • Flood Zone Code: X500
  • Flooring: Vinyl
  • Foundation: Stem Wall
  • Heating: Other
  • Home Warranty Y/N: No
  • Interior Features: Other
  • Lot Dimensions: 0.11
  • Lot Size: 0.11 Acres
  • Other Equipment: None
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Single Family Residence
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Showing Instructions: Appointment Only
  • Special Sale Provisions: None
  • Stories: 2.0
  • Taxes: $5,569
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 1950
  • Zoning: MFR