Ad #6911314
MLS #1220451
''Value-Add 4-Plex Fully Occupied Investment Opportunity in the
600 S Segrave St, Daytona Beach, Florida, 32114
$449,000
4Beds
4Baths
2,016Sqft
0.200Acres
About this property
''Value-Add 4-Plex Fully Occupied 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-a rent stabilization opportunity for investors seeking long-term cash flow growth and appreciation potentialparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time. Strong candidate for investors seeking: *value-add multifamily *Long-Term Cash FLow *Potential 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.* *Stable Occupancy *Rent growth opportunity *Recent major capital improvements *South Daytona Rental Market Exposure
Property Features
4 Beds
4 Baths
2,016 Sqft
Built in 1986
0.200 Acres
2 Stories
Driveway, Guest
Siding: Block, Stucco
Shingle Roof
Central, Electric (Heating)
$5,702 / yr property tax
Volusia County
Not on the List Community
Additional Photos
Contact Information
Janet Lustik
Adams, Cameron & Co. REALTORS
386-253-8044
Location
Listing Agent: Janet Lustik 386-253-8044
Broker: Adams, Cameron & Co. REALTORS 386-253-8044 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Adams, Cameron & Co. REALTORS 386-253-8044 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 22, 2026
Photo Gallery
$449,000
4
Beds
4
Baths
2,016
Sqft
600 S Segrave St, Daytona Beach, Florida, 32114
By contacting this agent you agree to these Terms and Conditions.
MLS# 1220451
''Value-Add 4-Plex Fully Occupied Investment Opportunity in the
$449,000
600 S Segrave St, Daytona Beach, Florida, 32114
4
Beds
4
Baths
2,016
Sqft
0.200
Acres
$449,000
600 S Segrave St, Daytona Beach, Florida, 32114
4 Beds
4 Baths
2,016 Sqft
0.200 Acres
''Value-Add 4-Plex Fully Occupied 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-a rent stabilization opportunity for investors seeking long-term cash flow growth and appreciation potentialparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time. Strong candidate for investors seeking: *value-add multifamily *Long-Term Cash FLow *Potential 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.* *Stable Occupancy *Rent growth opportunity *Recent major capital improvements *South Daytona Rental Market Exposure
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Property Details
HOME DETAILS
4 Beds
4 Baths
2,016 Sqft
Built in 1986
0.200 Acres
2 Stories
EXTERIOR
Driveway, Guest
Siding: Block, Stucco
Shingle Roof
INTERIOR
Central, Electric (Heating)
FINANCIAL & COMMUNITY
$5,702 / yr property tax
Volusia County
Not on the List Community
See More Details
Location
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Ad Statistics
Ad Number
6911314
Viewed
136 times
Listing Status
Active
Added
Dec 01, 2025
Last Refresh
Jul 21, 2026 08:02:26 PM
Listing Information
Data Source
Daytona Beach Area Association of Realtors
Source Property ID
1220451
Listing Agent: Janet Lustik 386-253-8044
Broker: Adams, Cameron & Co. REALTORS 386-253-8044 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Adams, Cameron & Co. REALTORS 386-253-8044 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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