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Home For Sale
600 S Segrave St
Daytona Beach, Florida 32114
Volusia CountyCommunity: Not on the List
$449,000
4 br, 4.0 bath
2016 sq. ft.
0.200 acres
''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 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 l*ong-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.*
Interior:
- Bedrooms: 4
- Baths: 4.0
- Sq Ft: 2016
- Year Built: 1986
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC: Central, Electric (Heating)
- Garage: Driveway, Guest
Exterior:
- Lot Size: 0.200 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding: Block, Stucco
- Roof: Shingle
- Property Taxes: $5,702
- MLS #: 1220451
Contact Information:
Listing Agent: Janet Lustik, Adams, Cameron & Co. REALTORS, 386-253-8044, 386-258-5500
Listing Site, Listing Status: Active
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.
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.
Ad Number: 6911314
Viewed 95 times.
Updated: May 01, 2026

