538 LOOMIS Ave, Daytona Beach, FL 32114

Beds
6
Baths
3
Sqft
2,304

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Listed byPROPERTY LOGIC RE
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
3
Square feet
2,304
Lot size (acres)
0.26
Year built
1928

Interior features

Laundry
Inside

Utilities

Cooling
Wall/window unit(s), Multi-split AC
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,773.97

Public schools

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Sourced from: Stellar MLS MLS®#: O6375014 Last checked:

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