DAYTONA BEACH, FL 32118 205 N WILD OLIVE AVENUE
$875,000



70 more






































































Presented By: PREMIER SOTHEBYS INTL REALTY with 386-761-2172. - 386-761-2172
Home Details
Welcome to a rare, fully reimagined COASTAL INCOME PROPERTY TRIPLEX designed for investors seeking strong returns, low-maintenance ownership, and unbeatable location. Positioned directly across from Daytona Lagoon Waterparl and just steps from the Atlantic Ocean, this exceptional turnkey triplex places you in the center of everything that makes Daytona Beach one of Florida's most recognized beach destinations. Completely rebuilt and thoughtfully redesigned, this trophy multi-unit property blends modern construction, upscale finishes, and income-producing versatility. Whether utilized as a high-performing short-term rental portfolio, long-term executive housing, or an owner-occupied investment with supplemental income, 205 N Wild Olive delivers a compelling opportunity for immediate cash flow and long-term appreciation. The property consists of three beautifully finished 2-bedroom, 2-bath residences, each curated with contemporary coastal style and functionality in mind.
Unit 205 - Front Residence
Approx. 1,100 SF Single-Story Coastal Cottage
Originally taken nearly to the studs and rebuilt with exceptional craftsmanship, the front residence preserves the charm of the original character while delivering the feel of a brand-new home. The redesigned floor plan features:
2 spacious bedrooms
2 full bathrooms
Flexible bonus room ideal for a home office, bunk room, media space, or potential 3rd sleeping area
Original decorative fireplace feature
All-new roof, siding, systems, appliances, and finishes
This residence offers the perfect blend of historic beachside charm and modern luxury.
Unit 207 - Newly Constructed Rear Building
Approx. 1,300 SF Total Two Separate Residences
Built entirely from the ground up, the newly constructed rear building includes:
One upstairs 2BR/2BA residence
One downstairs 2BR/2BA residence
Both units were designed with elevated attention to detail, maximizing comfort, durability, and rental appeal.
Property Highlights
Fully turnkey investment opportunity
Three total 2BR/2BA residences
Brand-new plumbing, electrical, roofing, appliances, and major systems
Interior wall insulation for enhanced efficiency and sound reduction
Built with above-code considerations for adverse weather resilience
Dedicated outdoor laundry facility with oversized washer/dryer area
Modern coastal finishes throughout
Minimal deferred maintenance for years to come
Prime Beachside Location
Situated in one of the most walkable and desirable corridors of Daytona Beach, the property is moments from:
Daytona Lagoon Waterpark
The Ocean Center
Peabody Auditorium
Beaches, riverfront attractions, dining, nightlife, and shopping
Its premier location supports strong year-round rental demand from vacationers, seasonal visitors, event attendees, and beachside professionals alike.
Investment Performance
Projected cap rates exceed 7 percent when maximizing all rentable space, with estimated owner-occupied performance exceeding 4 percent cap rate scenarios. This asset offers investors the increasingly rare combination of:
New construction quality
Prime beachside positioning
Strong income potential
Low maintenance ownership
Long-term appreciation upside
For the discerning investor seeking a polished, income-producing coastal asset with immediate operational potential, 205 N Wild Olive Ave represents a standout opportunity in the Daytona Beach market.
Presented By: PREMIER SOTHEBYS INTL REALTY with 386-761-2172. - 386-761-2172
Interior Features for 205 N WILD OLIVE AVENUE
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths6
Other Interior Features
LivingAreaSourceEstimated
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room, Wood Burning
Fireplace Y/NYes
FlooringLuxury Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesOpen Floorplan
Laundry FeaturesCommon Area, Laundry Room, Outside
General for 205 N WILD OLIVE AVENUE
Additional Parcels Y/NNo
AppliancesDisposal, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
Building Area UnitsSquare Feet
Carport Y/NNo
CityDAYTONA BEACH
Construction MaterialsCement Siding
CoolingWall/Window Unit(s)
CountyVolusia
DirectionsFrom A1A/ Earl St- head West on Earl, Right on N Wild Olive Ave, triplex is third on left.
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
HeatingWall Units / Window Unit
Land Lease Y/NNo
Legal DescriptionLOT 18 RESUB BLK 22 MEMENTO MB 2 PG 143 PER OR 4104 PG 3964 PER OR 6279 PGS 0484-0485 PER OR 7007 PG 0865
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet6250
Lot Size UnitsSquare Feet
MLS Area32118 - Daytona Beach/Holly Hill
New ConstructionYes
Number Of Units Total3
Occupancy TypeVacant
Other StructuresOutbuilding
OwnershipFee Simple
Patio/Porch FeaturesFront Porch, Rear Porch
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeTriplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSMITH BERTHA K RESUB BLKS 17-18 21-23 & 26 MEMENTO
Tax Annual Amount2846.29
Tax Lot18
Tax Year2025
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water ViewGulf/Ocean - Partial
Water View Y/NYes
Year Built1947
Zoning02RP
Exterior for 205 N WILD OLIVE AVENUE
Building Area Total2626
Exterior AmenitiesOutbuilding
Foundation DetailsCrawlspace
Lot Dimensions50 x 125
Lot FeaturesCity Lot, Near Public Transit
Lot Size Acres0.14
Lot Size Area6250
Number of Buildings2
Parking FeaturesCommon, Driveway, On Street
Private PoolNo
Road Frontage TypeStreet Paved
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Joy Wyatt
Realtor®
SQFT • 2,370