Property
WResidential
1/1
$875,000

205 N WILD OLIVE AVENUE

Daytona Beach, FL 32118
6
Beds
6
Baths
2,370
SqFt
0.14
Acres
STELLAR
#NS1088052
Updated: Jun 30, 2026, 9:53pm

Property Description

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.
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Included Appliances
DisposalDryerRangeRefrigeratorTankless Water HeaterWasher

Property Details

Interior
Appliances
DisposalDryerRangeRefrigeratorTankless Water HeaterWasher
Building Area Total
2626
Cooling
Wall/Window Unit(s)
Fireplace Features
Living RoomWood Burning
Flooring
Luxury Vinyl
Furnished
Unfurnished
Heating
Wall Units / Window Unit
Interior Features
Open Floorplan
Laundry Features
Common AreaLaundry RoomOutside
Living Area
2370
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Cement Siding
Foundation Details
Crawlspace
Levels
Two
Living Area Source
Estimated
Living Area Units
Square Feet
New Construction
Yes
Number Of Units Total
3
Property Condition
Completed
Roof
Shingle
Year Built
1947
Site & Exterior
Exterior Features
Outbuilding
Flood Zone Code
X
I D X Participation
Yes
Lot Features
City LotNear Public Transit
Lot Size Acres
0.14
Lot Size Area
6250
Lot Size Dimensions
50 x 125
Lot Size Square Feet
6250
Lot Size Units
Square Feet
Open Parking
Yes
Other Structures
Outbuilding
Parking Features
CommonDrivewayOn Street
Patio And Porch Features
Front PorchRear Porch
Public Survey Range
33E
Public Survey Section
05
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Water View
Yes
Zoning
02RP
Financials
Calculated List Price By Calculated Sq Ft
369.2
Contract Status Change Date
2026-06-30
Current Price
875000
Feed Types
BBO
Owner Name
DAVID S SILVA
Ownership
Fee Simple
Parcel Number
00530512220180
Public Survey Township
15S
Tax Annual Amount
2846.29
Tax Block
22
Tax Book Number
2-143
Tax Legal Description
LOT 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
Tax Lot
18
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32118 - Daytona Beach/Holly Hill
Subdivision Name
SMITH BERTHA K RESUB BLKS 17-18 21-23 & 26 MEMENTO
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 9:53pm.
Jennifer Matacale

Listing Agent

PREMIER SOTHEBYS INTL REALTY

Call Agent