Skip main navigation
Active
  • $3,095,000

    480 Reed Canal Rd, Daytona Beach, FL 32119

    44beds
    1,024sqft
    : 
    Multi Family
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $3,022/sqft
    $-- HOA

    What's special

    This 22-unit townhome portfolio in South Daytona is a rare chance to secure a high-performing investment with strong cash flow and assumable financing for added flexibility. With high occupancy, individually deeded units, and modern upgrades, this portfolio is already producing solid returns—with even more potential to grow. Each townhome offers updated interiors, private patios, assigned parking, and access to a community pool, making them a favorite among renters. The area's strong rental demand and upward-trending market rents create plenty of room to boost income and long-term value. With assumable financing below current market rates in place, getting into this deal is even easier. Whether you plan to hold for passive income, push rents for higher returns, or sell units individually down the line, this portfolio offers multiple ways to win. Opportunities like this don't come around often—don't let it pass you by.
    77 days
    on Zillow
    |
    195
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2025 at 08:34am

    Listed by:

    Brock Bolduc 386-690-1447,

    Sun Pro Realty and Management LLC

    Source: DBAMLS,MLS#: 1210441MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 480 Reed Canal Rd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 44
    • Bathrooms: 44
    • Full bathrooms: 22
    • 1/2 bathrooms: 22
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Refrigerator, Microwave, Ice Maker, Electric Range, Disposal, Dishwasher
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Tile, Vinyl
    Interior area
    • Total structure area: 22,528
    • Total interior livable area: 1,024 sqft

    Property

    Parking
    • Parking features: Assigned, Guest, Off Street, Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fenced,Vinyl
    • Has view: Yes
    • View description: Pool, Trees/Woods
    Lot
    • Features: Zero Lot Line
    Details
    • Parcel number: Multiple

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Composition Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Electric: 150 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Riverwood Village Condo
    Location
    • Region: Daytona Beach

    Financial & listing details

    • Price per square foot: $3,022/sqft
    • Annual tax amount: $2,432
    • Date on market: 3/7/2025
    • Listing terms: Assumable,Cash,Conventional
    • Tenant pays: All Utilities
    • Income includes: Rent Only
    • Electric utility on property: Yes
    • Road surface type: Asphalt
    • Loading
    • Loading