DAYTONA BEACH, FL 32118 205 N WILD OLIVE AVENUE

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Presented By: PREMIER SOTHEBYS INTL REALTY with 386-761-2172. - 386-761-2172
  • MLS# NS1088052
  • 05/01/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 6
  • SQFT • 2,370

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®
Price $875,000
MLS#NS1088052
List Date 05/01/2026
Property Type Income
Phone 470.992.4877
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