Property
ActiveResidential
1/29
$449,000

600 S SEGRAVE STREET

Daytona Beach, FL 32114
4
Beds
4
Baths
2,016
SqFt
0.2
Acres
STELLAR
#FC318287
Updated: Jun 29, 2026, 5:38pm

Property Description

'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 potential. Comparable market rents for similar 1-bedroom units in the area suggest meaningful upside through gradual rent normalization over time.

Strong candidate for investors seeking:

*Long-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."
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Included Appliances
Electric Water HeaterRangeRefrigerator

Property Details

Interior
Appliances
Electric Water HeaterRangeRefrigerator
Building Area Total
2096
Cooling
Central Air
Heating
CentralElectric
Interior Features
Open FloorplanThermostat
Living Area
2016
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Foundation Details
Slab
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1986
Site & Exterior
Exterior Features
Sidewalk
Flood Zone Code
A
I D X Participation
Yes
Lot Size Acres
0.2
Lot Size Area
8800
Lot Size Dimensions
80 x 100
Lot Size Square Feet
8800
Lot Size Units
Square Feet
Number Of Separate Electric Meters
4
Public Survey Range
33
Public Survey Section
39
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
MFR <10 UN
Financials
Calculated List Price By Calculated Sq Ft
222.72
Contract Status Change Date
2026-05-05
Current Price
449000
Feed Types
BBO
Owner Name
SMAR INVESTMENTS LLC
Ownership
Fee Simple
Parcel Number
533948000010
Public Survey Township
15
Tax Annual Amount
5702
Tax Block
28
Tax Book Number
1-67
Tax Legal Description
LOT 1 & N 42 1/2 FT OF LOT 2 PECK SUB BLK 28 DAYTONA PER OR 5301 PG 1425 PER OR 7762 PG 3191 PER OR 7776 PG 4686 PER OR 7867 PG 2326 PER OR 8255 PG 0060
Tax Lot
Yes
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32114 - Daytona Beach
Subdivision Name
PECK BLK 28 DAYTONA
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 5:38pm.
Kristin Petersen

Listing Agent

ADAMS, CAMERON & CO., REALTORS

Call Agent