538 Loomis Avenue, Daytona Beach, FL 32114

Property Description

APPRAISED AT $304,000. Income Producing Triplex. Discover a strong cash-flowing investment opportunity with this well-maintained triplex in the heart of Daytona Beach. Consisting of two buildings with three separate units, this property is a proven income producer, currently generating $37,800 in annual rental income, with upside potential through rent increases or value-add improvements. Each unit is individually metered for electric and water, minimizing owner expenses and maximizing operational efficiency. The property also includes an additional fenced lot, providing flexibility for future development, storage, or added amenities. The roof was replaced in 2017, offering peace of mind and reduced near-term capital expenses. Ideally located just minutes from shopping, dining, entertainment, and the world-famous Daytona Beach, this property blends the appeal of coastal living with the fundamentals of a solid investment. Whether you’re a seasoned investor looking to expand your portfolio or a buyer entering the multifamily market, this is a rare opportunity in a prime location.