205 N Wild Olive Avenue
Daytona Beach, FL, 32118 $ 889,999
Bedrooms6 Baths6.0 Sq 2,370 Monthly Estimate*
$ 5,620
for $889,999 with 6 bedrooms and 6 full baths. This 2,370 square foot home was built on a lot size of 0.14.
Welcome to a rare, fully reimagined COASTAL INCOME PROPERTY TRIPLEX designed for investors seeking strong returns, low-maintenance ownership, and unbeatable location. Positioned directly across from Daytona Lagoon Waterpark and just steps from the Atlantic Ocean, this exceptional turnkey triplex places you in the center of everything that makes Daytona Beach one of Florida's most recognized beach destinations. Completely rebuilt and thoughtfully redesigned, this trophy multi-unit property blends modern construction, upscale finishes, and income-producing versatility. Whether utilized as a high-performing short-term rental portfolio, long-term executive housing, or an owner-occupied investment with supplemental income, 205 N Wild Olive delivers a compelling opportunity for immediate cash flow and long-term appreciation. The property consists of three beautifully finished 2-bedroom, 2-bath residences, each curated with contemporary coastal style and functionality in mind. Unit 205 - Front Residence Approx. 1,100 SF Single-Story Coastal Cottage Originally taken nearly to the studs and rebuilt with exceptional craftsmanship, the front residence preserves the charm of the original character while delivering the feel of a brand-new home. The redesigned floor plan features: 2 spacious bedrooms 2 full bathrooms Flexible bonus room ideal for a home office, bunk room, media space, or potential 3rd sleeping area Original decorative fireplace feature All-new roof, Hardi-Board siding, systems, appliances, and finishes This residence offers the perfect blend of historic beachside charm and modern luxury. Unit 207 - Newly Constructed Rear Building Approx. 1,300 SF Total Two Separate Residences Built entirely from the ground up, the newly constructed rear building includes: One upstairs 2BR/2BA residence One downstairs 2BR/2BA residence Both units were designed with elevated attention to detail, maximizing comfort, durability, and rental appeal. Property Highlights Fully turnkey investment opportunity Three total 2BR/2BA residences Brand-new plumbing, electrical, roofing, appliances, and major systems Interior wall insulation for enhanced efficiency and sound reduction Built with above-code considerations for adverse weather resilience Dedicated outdoor laundry facility with oversized washer/dryer area Modern coastal finishes throughout Minimal deferred maintenance for years to come Prime Beachside Location Situated in one of the most walkable and desirable corridors of Daytona Beach, the property is moments from: Daytona Lagoon Waterpark The Ocean Center Peabody Auditorium Beaches, riverfront attractions, dining, nightlife, and shopping Its premier location supports strong year-round rental demand from vacationers, seasonal visitors, event attendees, and beachside professionals alike. Investment Performance Projected cap rates exceed 7 percent when maximizing all rentable space, with estimated owner-occupied performance exceeding 4 percent cap rate scenarios. This asset offers investors the increasingly rare combination of: New construction quality Prime beachside positioning Strong income potential Low maintenance ownership Long-term appreciation upside For the discerning investor seeking a polished, income-producing coastal asset with immediate operational potential, 205 N Wild Olive Ave represents a standout opportunity in the Daytona Beach market.
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FeaturesGeneralSewer Public Sewer
Heating Individual
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Washer Tankless Water Heater Refrigerator Electric Range Dryer
Construction Materials Cement Siding
Stories Count 2
Levels Two
Property Subtype Triplex
Tax Year 2025
Current Use Investment Residential
County Volusia
New Construction true
Property Type Residential Income
Attached Garage false
Subdivision Name Memento
Facing Direction East
Garage Y/N false
Other Structures Shed(s) Other
Full Baths 6
Status Active
Directions From A1A/ Earl St- head West on Earl Right on N Wild Olive Ave triplex is third on left.
City Daytona Beach
Number Of Units Total 3
MLS Area 14 - Daytona Peninsula S of Seabreeze
Lot Size Units Acres
Lot Size Square Feet 6098.4
Carport Y/N false
Tax Annual Amount 2846.29
MLS Area Minor 14 - Daytona Peninsula S of Seabreeze
Standard Status Active
Legal Description LOT 18 RESUB BLK 22 MEMENTO MB 2 PG 143 PER OR 4104 PG 3964 PER OR 6279 PGS 0484-0485 PER OR 7007 PG 0865 PER OR 8799 PG 2582
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InteriorFlooring Laminate
Total Fireplaces 1
Fireplace Features Wood Burning
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Common Area
Total Bedrooms 6
Entry Level 1
Total Baths 6
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ExteriorExterior Amenities Courtyard
Parking Features On Street Shared Driveway
Lot Features Cleared
Water Source Public
Total Parking 2
Lot Size Area 0.14
Building Area Total 2626
Lot Dimensions 50.0 ft x 125.0 ft
Lot Size Acres 0.14
Road Surface Type Paved
Road Frontage Type City Street
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* Excluded FeaturesList ByJennifer MatacaleListing Agent
Premier Sotheby's International RealtyBroker
Jennifer.matacale@premiersir.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,620
- Monthly Property Taxes
- $237
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Daytona Beach, FL
Average List Price $568,339
Percent of Sale Price 36%
About Daytona Beach, FL 67,575 Population
3% Since 2002
$ 31,022 Median Income
39.5 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/17/2026 | $889,999 | 1.71% | Price Up |
| 5/2/2026 | $875,000 | | Listed Price |