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. 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 property's 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 property's long-term investment appeal. Buyer to verify all measurements, zoning, utility configurations, leases, expenses, and financial information.
Active
$449,900
205 Shady Pl, Daytona Beach, FL 32114
6beds
2,160sqft
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
- 13 days
- 151
- 11
Zillow last checked:
Listing updated:
Listed by:
Nathaniel Ingram 386-316-7462,
Compass Florida, LLC
Source: DBAMLS,MLS#: 1231704
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Varies by Unit
Cooling
- Varies by Unit
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Unassigned
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Dimensions: 50.0 ft x 100.0 ft
- Features: Cleared
Details
- Parcel number: 533964000390
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Fiberglass Siding
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Daytona Beach
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $308,584
- Annual tax amount: $5,569
- Date on market: 10/13/2026
- Listing terms: Cash,Conventional
- Income includes: Laundry
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,849/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $449,900+32.9%$208/sqft |
Source: | ||
| 11/12/2024 | Sold | $338,500-3.3%$157/sqft |
Source: | ||
| 9/28/2024 | Pending sale | $350,000$162/sqft |
Source: | ||
| 9/19/2024 | Listed for sale | $350,000+23.7%$162/sqft |
Source: | ||
| 4/16/2020 | Sold | $283,000+124.6%$131/sqft |
Source: Public Record Report a problem | ||
| 10/14/2019 | Sold | $126,000+0.8%$58/sqft |
Source: | ||
| 10/3/2019 | Pending sale | $125,000$58/sqft |
Source: CA CALNAN REAL ESTATE #V4908721 Report a problem | ||
| 9/4/2019 | Listed for sale | $125,000$58/sqft |
Source: CA CALNAN REAL ESTATE #V4908721 Report a problem | ||
| 9/4/2019 | Pending sale | $125,000$58/sqft |
Source: CA CALNAN REAL ESTATE #V4908721 Report a problem | ||
| 7/26/2019 | Price change | $125,000+101.6%$58/sqft |
Source: CA CALNAN REAL ESTATE #V4908721 Report a problem | ||
| 7/24/2019 | Listed for sale | $62,000-67.2%$29/sqft |
Source: Calnan Real Estate #P112JXM Report a problem | ||
| 5/23/2007 | Sold | $189,150+205.1%$88/sqft |
Source: Public Record Report a problem | ||
| 6/19/2001 | Sold | $62,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,570 -8.9% | $308,584 -4.3% |
| 2024 | $6,114 +9.1% | $322,359 +10% |
| 2023 | $5,605 +7.3% | $293,054 +10% |
| 2022 | $5,222 | $266,413 +10% |
| 2021 | -- | $242,194 +163.2% |
| 2020 | $1,781 | $92,022 +14.6% |
| 2019 | $1,781 +12.8% | $80,322 +4.1% |
| 2018 | $1,580 +0.6% | $77,122 +7.1% |
| 2017 | $1,570 +3.4% | $72,016 +7% |
| 2016 | $1,519 +3.9% | $67,285 +11.4% |
| 2015 | $1,462 +14% | $60,418 +8.2% |
| 2014 | $1,282 | $55,862 +14.5% |
| 2013 | -- | $48,790 -2.8% |
| 2012 | -- | $50,218 -16.2% |
| 2011 | -- | $59,931 -36.3% |
| 2010 | -- | $94,060 -18.2% |
| 2009 | -- | $115,003 -12.2% |
| 2007 | -- | $130,956 -19.3% |
| 2006 | -- | $162,271 +43.9% |
| 2005 | -- | $112,771 +105% |
| 2004 | -- | $55,021 -11% |
| 2003 | -- | $61,812 +4% |
| 2002 | -- | $59,436 -6% |
| 2001 | -- | $63,263 +2.2% |
| 2000 | -- | $61,876 |
Find assessor info on the county website
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