1890 S Palmetto Avenue South Daytona, FL $ 6,000,000
1890 S Palmetto Avenue
$ 6,000,000
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1890 S Palmetto Avenue

South Daytona, FL, 32119
$ 6,000,000
Bedrooms-- Baths40.0 Sq 33,000

Monthly Estimate*

$ 37,885

1890 S Palmetto Avenue, South Daytona, FL 32119 - Image 1
1890 S Palmetto Avenue, South Daytona, FL 32119 - Image 2
1890 S Palmetto Avenue, South Daytona, FL 32119 - Image 3
1890 S Palmetto Avenue, South Daytona, FL 32119 - Image 4

Commercial Property for sale in South Daytona, FL

for $6,000,000 with 40 full baths. This 33,000 square foot building was built in 1973 on a lot size of 0.75.

3 PARCELS 3 PROPERTIES: 76 bedroom 40 baths. Riverside at South Daytona presents a rare opportunity to acquire a fully repositioned, cash-flowing four-building multifamily portfolio in one of Florida's dynamic coastal markets. Located off South Palmetto Avenue in Daytona Beach, this exceptional asset sits within close proximity to the Halifax River corridor, offering residents a waterfront lifestyle with close access to Riverfront Veterans Memorial Park's boat ramps and other recreational amenities. Current ownership has executed a comprehensive capital improvement program that transformed the entire portfolio through exterior enhancements including new monument signage, refreshed paint, updated soffits and gutters, and complete interior renovations across all unit configurations delivering contemporary finishes that command premium rents. The property offers a well-balanced unit mix of one and two-bedroom apartments in a garden-style configuration.

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Commercial Active

Price

$ 6,000,000

Full Bath

40

Property Type

Commercial

Taxes

$ 64,065

Style

Lot Size

0.75

Year Built

1973

Town/City

South Daytona

County/Region

Volusia

MLS | Web ID

1228957

Features
General
Construction Materials Block Concrete
Year Built 1973
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family
Additional Parcels Description 534001000071 address : 1160 S PALMETTO AVE 534416000423 address : 201 KOST RD
County Volusia
Property Type Commercial Sale
Attached Garage false
Status Active
Directions From Beville Rd continue to S Palmetto Ave. North .6 Miles for 1160 Palm. and South .5 miles for 1180 Palm. Both West of road.
City South Daytona
Number Of Units Total 40
MLS Area 25 - Daytona S of Beville E of Nova
Lot Size Units Acres
Lot Size Square Feet 32670
Tax Annual Amount 64065.9
MLS Area Minor 25 - Daytona S of Beville E of Nova
Additional Parcels Y/N true
Standard Status Active
Legal Description E 331 FT OF LOT 43A E OF RIDGEWOOD AVE BLAKE DB E PG 150 MB 1 PG 38 PER OR 4673 PGS 1318-1319 PER OR 4673 PGS 1539-1540 PER OR 7792 PG 4778 PER OR 8452 PG 2562
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Interior
Flooring Tile Vinyl
Total Baths 40
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Exterior
Parking Features Unassigned
Lot Features Other
Lot Size Area 0.75
Building Area Total 33000
Lot Size Acres 0.75
Waterfront Y/N false
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* Excluded Features
List By
Cliff Glansen

Listing Agent

Flatfee.Com

Broker

info@flatfee.com

Email

Affordability Calculator

$43,223
Per Month
88%
12%
0%
Monthly Principal & Interest
$37,885
Monthly Property Taxes
$5,339
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$6,000,000 Listed Price

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1890 S Palmetto Avenue, South Daytona, FL, 32119 is a Commercial Property for sale at $6,000,000 with 33,000 sqft and a lot size of 0.75. 1890 S Palmetto Avenue has 40.0 baths and was built in 1973. The property's zip code is 32119 which is in South Daytona, FL