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 Waterpark 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 ResidenceApprox. 1,100 SF Single-Story Coastal CottageOriginally 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 bedrooms2 full bathroomsFlexible bonus room ideal for a home office, bunk room, media space, or potential 3rd sleeping areaOriginal decorative fireplace featureAll-new roof, Hardi-Board siding, systems, appliances, and finishesThis residence offers the perfect blend of historic beachside charm and modern luxury.Unit 207 - Newly Constructed Rear BuildingApprox. 1,300 SF Total Two Separate ResidencesBuilt entirely from the ground up, the newly constructed rear building includes:One upstairs 2BR/2BA residenceOne downstairs 2BR/2BA residenceBoth units were designed with elevated attention to detail, maximizing comfort, durability, and rental appeal.Property HighlightsFully turnkey investment opportunityThree total 2BR/2BA residencesBrand-new plumbing, electrical, roofing, appliances, and major systemsInterior wall insulation for enhanced efficiency and sound reductionBuilt with above-code considerations for adverse weather resilienceDedicated outdoor laundry facility with oversized washer/dryer areaModern coastal finishes throughoutMinimal deferred maintenance for years to comePrime Beachside LocationSituated in one of the most walkable and desirable corridors of Daytona Beach, the property is moments from:Daytona Lagoon WaterparkThe Ocean CenterPeabody AuditoriumBeaches, riverfront attractions, dining, nightlife, and shoppingIts premier location supports strong year-round rental demand from vacationers, seasonal visitors, event attendees, and beachside professionals alike.Investment PerformanceProjected 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 qualityPrime beachside positioningStrong income potentialLow maintenance ownershipLong-term appreciation upsideFor 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.