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Harry W Price III

harry.price@engelvoelkers.com +1(386) 302-9708

$ 449,000

Est. payment -/mo

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Active

600 S SEGRAVE ST Daytona Beach, FL 32114

4 Beds

4 Baths

2,016 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $222

Subdivision Peck Blk 28 Daytona

MLS Listing ID FC318287

Bedrooms 4

HOA Y/N No

Year Built 1986

Annual Tax Amount $5,702

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 80x100

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

'Value-Add 4-Plex Investment Opportunity in the Growing South Daytona Corridor Solid block-construction 4-unit multifamily property featuring four spacious 1-bedroom, 1-bath units with functional open-concept layouts, strong occupancy history, and significant long-term rental upside potential. The property has maintained consistent occupancy over multiple years and benefits from strong workforce housing demand driven by proximity to Daytona Beach, major employers, shopping, dining, and several nearby colleges and universities. Recent capital improvements include: Brand-new roof (2025) Updated bathroom vanities (2022) New stoves and refrigerators in Units 1 and 4 (2022) Situated on a desirable corner lot with additional parking and excellent accessibility, the property offers investors a compelling blend of current income, operational stability, and future NOI growth potential. Current rents remain materially below prevailing South Daytona market rates, creating a clear value-add and rent stabilization opportunity for investors seeking long-term cash flow growth and appreciation potential. Comparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time.

Strong candidate for investors seeking:

*Long-term hold strategy
*workforce housing demand
*future cap-rate improvement through stabilization
*Excellent opportunity to acquire a fully occupied income-producing asset with measurable upside in one of Volusia County's established rental corridors."

Location

State FL

County Volusia

Community Peck Blk 28 Daytona

Area 32114 - Daytona Beach

Zoning MFR <10 UN

Interior

Interior Features Open Floorplan, Thermostat

Heating Central, Electric

Cooling Central Air

Fireplace false

Appliance Electric Water Heater, Range, Refrigerator

Laundry None

Exterior

Exterior Feature Sidewalk

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/FC318287

Listed by Kristin Petersen ADAMS, CAMERON & CO., REALTORS

NEARBY SCHOOLS & PROPERTIES

Harry W Price III

Broker Associate | License ID: BK3448457

+1(386) 302-9708

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