Recently Listed New Construction 205 N Wild Olive Avenue
Daytona Beach, FL, 32118 $ 818,000
Bedrooms6 Baths6.0 Sq 2,370 Monthly Estimate*
$ 5,165
for $818,000 with 6 bedrooms and 6 full baths. This 2,370 square foot home was built on a lot size of 0.14.
TRIPLE CROWN OFFERING! Rare, turnkey beachside triplex delivering an immediate 6.6 CAP rate and positive cash flow from day one, with potential gross income of approximately $90,000+ annually based on market comparisons. This fully renovated property features three highly desirable 2BR/2BA residences with modern coastal finishes and no deferred maintenance. The front single-family home (approx. 1,100 SF) includes a bonus room/office and private washer/dryer hookups. The rear building offers two identical 2BR/2BA units (upstairs and downstairs) totaling approximately 1,300 SF, plus a shared laundry facility. Prime location directly across from Daytona Lagoon and just steps to the Atlantic Ocean, Ocean Center, restaurants, and entertainment. An exceptional turnkey investment opportunity in the heart of Daytona Beach. Unit 205 - Front Single-Family Residence (Approx. 1,100 SF) 2 Bedrooms | 2 Bathrooms | Flexible Bonus Room This beautifully renovated single-family residence has been completely transformed with luxury coastal finishes throughout while preserving its beachside charm. The flexible bonus room is ideal for a home office, media room, or additional sleeping area. Unlike the rear units, this residence includes its own private washer and dryer hookups, eliminating the need to use the shared exterior laundry. Units 207A & 207B - Rear Duplex (Approx. 1,300 SF Total) Two Separate 2 Bedroom | 2 Bathroom Residences These identical upper and lower residences offer efficient layouts, durable upscale finishes, and broad rental appeal. Designed for easy ownership and long-term performance, they attract vacation renters, professionals, and seasonal residents alike. Exceptional Beachside Location Located within one of Daytona Beach's most walkable entertainment districts, the property benefits from year-round demand. Directly across from Daytona Lagoon Waterpark. Short walk to the Atlantic Ocean. Minutes to the Ocean Center and Peabody Auditorium. Walking distance to restaurants, nightlife, and entertainment. Shared outdoor laundry facility available for the rear duplex units. The Bottom Line Investment opportunities offering this level of quality, location, and operational efficiency are becoming increasingly difficult to find along Florida's coast. With immediate cash flow, a strong in-place CAP rate, and the potential to substantially increase gross revenue through market-rate leasing, 205 N Wild Olive represents an exceptional acquisition opportunity for investors seeking both stability and upside.
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FeaturesGeneralSewer Public Sewer
Heating Individual
Cooling Split System Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Electric Oven
Construction Materials Cement Siding
Stories Count 2
Levels Multi/Split Two
Property Subtype Triplex
Tax Year 2025
Current Use Investment Multi-Family Residential
County Volusia
New Construction true
Property Type Residential Income
Attached Garage false
Subdivision Name Memento
Facing Direction East
Garage Y/N false
Full Baths 6
Status Active
Directions From the intersection of A1A and Earl Street head west on Earl Street. Turn right onto N. Wild Olive Avenue. The triplex is the third property on the 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
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 Multiple Locations
Total Bedrooms 6
Entry Level 1
Total Baths 6
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ExteriorExterior Amenities Courtyard
Parking Features On Street Shared Driveway
Lot Features Other
Water Source Public
Lot Size Area 0.14
Building Area Total 2626
Lot Size Acres 0.14
Road Frontage Type City Street
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* Excluded FeaturesList ByKayla WilliamsListing Agent
Realty Pros CommercialBroker
kayla@realtyprosassured.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,165
- 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 $579,521
Percent of Sale Price 29%
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 |
|---|
| 7/18/2026 | $818,000 | | Listed Price |