600 S SEGRAVE STREET, DAYTONA BEACH, FL 32114

Description of 600 S SEGRAVE STREET, DAYTONA BEACH, FL 32114

'Value-Add 4-Plex Investment Opportunity in the Growing South Daytona Corridor Solid block-construction 4-unit multifamily property featuring four spacious 1-bedroom, 1-bath units with functional open-concept layouts, strong occupancy history, and significant long-term rental upside potential. The property has maintained consistent occupancy over multiple years and benefits from strong workforce housing demand driven by proximity to Daytona Beach, major employers, shopping, dining, and several nearby colleges and universities. Recent capital improvements include: Brand-new roof (2025) Updated bathroom vanities (2022) New stoves and refrigerators in Units 1 and 4 (2022) Situated on a desirable corner lot with additional parking and excellent accessibility, the property offers investors a compelling blend of current income, operational stability, and future NOI growth potential. Current rents remain materially below prevailing South Daytona market rates, creating a clear value-add and rent stabilization opportunity for investors seeking long-term cash flow growth and appreciation potential. Comparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time. Strong candidate for investors seeking: *Long-term hold strategy *workforce housing demand *future cap-rate improvement through stabilization *Excellent opportunity to acquire a fully occupied income-producing asset with measurable upside in one of Volusia County's established rental corridors."

Property Details for 600 S SEGRAVE STREET, DAYTONA BEACH, FL 32114

Interior Features

Open Floorplan, Thermostat

Appliances

Electric Water Heater, Range, Refrigerator

Heating

Central, Electric

Cooling

Central Air

Pool Private

No

Building Information for 600 S SEGRAVE STREET, DAYTONA BEACH, FL 32114

Building Area Total

2096

Building Area Units

Square Feet

Association

No

Property Information for 600 S SEGRAVE STREET, DAYTONA BEACH, FL 32114

Lot Size Square Feet

8,800

Waterfront

No

View

No

Construction Materials

Block, Stucco

Roof

Shingle

Exterior Features

Sidewalk

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 600 S SEGRAVE STREET, DAYTONA BEACH, FL 32114

Parcel Number

533948000010

Tax Annual Amount

$5,702

Tax Year

2025

Tax Legal Description

LOT 1 & N 42 1/2 FT OF LOT 2 PECK SUB BLK 28 DAYTONA PER OR 5301 PG 1425 PER OR 7762 PG 3191 PER OR 7776 PG 4686 PER OR 7867 PG 2326 PER OR 8255 PG 0060

Zoning

MFR <10 UN

County Or Parish

Volusia

Payment Calculator

Location