Property photo 1
Property photo 2
40 Baths
33,000 sqft

$6,000,000

1890 S Palmetto Avenue, South Daytona FL, 32119

Price per sqft$181.82
Built in1973
Property size33,000 sqft
Property typeCommercial

Overview

Active

Listed Jul 24, 2026

Updated Aug 6

3 PARCELS 3 PROPERTIES: 76 bedroom 40 baths. Riverside at South Daytona presents a rare opportunity to acquire a fully repositioned, cash-flowing four-building multifamily portfolio in one of Florida's dynamic coastal markets. Located off South Palmetto Avenue in Daytona Beach, this exceptional asset sits within close proximity to the Halifax River corridor, offering residents a waterfront lifestyle with close access to Riverfront Veterans Memorial Park's boat ramps and other recreational amenities. Current ownership has executed a comprehensive capital improvement program that transformed the entire portfolio through exterior enhancements including new monument signage, refreshed paint, updated soffits and gutters, and complete interior renovations across all unit configurations delivering contemporary finishes that command premium rents. The property offers a well-balanced unit mix of one and two-bedroom apartments in a garden-style configuration.

Additional information

MLS® ID
1228957

Interior Features

Bathrooms
40
Basement
No

Exterior Features

Lot Size
0.75 Acres

Other Property Details

Taxes
$64,066
Tax Frequency
Annually

 

Courtesy of FlatFee.com, Cliff Glansen,
Listing Contact:  

Information is deemed reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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