1890 S Palmetto Avenue, South Daytona, FL 32119

Property Description

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.