For sale

205 Shady PlDaytona Beach, FL 32114

$449,900
  • 4 beds
  • 4 baths
  • 1,080 sq ft
  • 0.11 acres
  • Built 1950

Listing courtesy of COMPASS FLORIDA LLC · MLS# NS1089438

About this home

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.

Virtual tour

Property typeSingle Family Residence
CommunityRowladers
CountyVolusia
Year built1950
HOANone
Taxes$5,570 (2025)
Days on market7
MLS #NS1089438

Interior

Other

Appliances

Range, Refrigerator

Flooring

Vinyl

Exterior

None

Heating & cooling

Other / Wall/Window Unit(s)

Construction

HardiPlank Type

Roof

Shingle

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Principal & interest

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  • Loan amount
  • Down payment
Talk to David about financing

Rate shown is Freddie Mac's average 30-year rate (October 15, 2026). Principal and interest only; taxes, insurance and any HOA are extra. Not a loan offer.

Location

Listing information is provided by Stellar MLS as distributed by MLS Grid, for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information submitted to the MLS GRID as of October 28, 2026 at 11:45 AM Eastern. 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. Listings shown with the listing brokerage.