600 S Segrave Street, Daytona Beach, FL 32114 (MLS# 1218872)

600 S Segrave Street, Daytona Beach, FL 32114

$449,000
Property Type: Residential Income Bedrooms: 4 Baths: 4 Square Footage: 2,320 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $449,000 List Date: 10/15/2025 Last Modified: 5/27/2026

Overview

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 cle ...

Supplements: 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 c ...

Listing Details MLS# 1218872

General Property Information

Number Of Buildings
Yes
Number Of Units Total
4
Bedrooms Total
4
Bathrooms Total
4
Bathrooms Full
4
Living Area
2016
Year Built
1986
Lot Size Acres
0.2
Lot Size Dimensions
88.0 ft x 100.0 ft
Association YN
No
CDD Fee YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories Total
2
Stories
2
Direction Faces
East
Senior Community YN
No
Directions
From ISB head south on US1 turn right (west) on Cedar St. 2 blocks 600 Segrave on the south west corner of Cedar and Segrave
Public Remarks
''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
List Price/SqFt
222.72

Property Features

Appliances: Electric Range; Electric Water Heater; Refrigerator Construction Materials: Block; Stucco Cooling: Separate Meters Current Use: Investment; Multi-Family; Residential Fencing: Chain Link Financial Data Source: Accountant; Owner Flooring: Tile Heating: Central; Electric; Separate Meters Income Includes: Rent Only Laundry Features: None Levels: Two Listing Terms: Assumable; Cash; Conventional; FHA; VA Loan Lock Box Type: None Lot Features: Corner Lot Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Pest Control; Roof Maintenance; Taxes; Trash Collection Parking Features: Additional Parking; Circular Driveway; Guest Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Paved Roof: Shingle Security Features: Security Lights; Smoke Detector(s) Sewer: Public Sewer Tenant Pays: All Utilities; Cable TV Utilities: Cable Available; Electricity Connected; Separate Electric Meters; Sewer Connected; Sewer Not Available View: Other Water Source: Public

Contract Information

Listing Contract Date
2025-10-13
Property Sub Type
Quadruplex
Seller Concessions Offered Y/N
No

Location Tax and Legal

Street Number
600
Street Direction Prefix
S
Street Name
Segrave
Street Suffix
Street
County
Volusia
State
FL
Postal Code
32114
Subdivision Name
Not In Subdivision
MLS Area Major
32 - Daytona Beville to ISB, E of 95

Status Change Information

Major Change Timestamp
2026-05-01T15:31:26Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-05-01T15:31:26Z

Income and Expenses

Gross Income
37800

More Information

Unit 1 Details

Unit ID
Yes
Actual Rent
700
Unit SqFt
508
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Credit for Yard care, 15 yr tenant

Unit 2 Details

Unit ID
2
Actual Rent
750
Unit SqFt
508
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Tenant has called this home for 5 years

Unit 3 Details

Unit ID
4
Actual Rent
800
Unit SqFt
508
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
All Apts. same size

Unit 4 Details

Unit ID
3
Actual Rent
850
Unit SqFt
508
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Pictures will soon be available for unit 3

Location, Tax, and Legal

Country
US
Parcel Number
5339-48-00-0010
Tax Annual Amount
5212.51
Tax Year
2025
Zoning Description
Multi Family
Middle School
Campbell
High School
Atlantic
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

Currently Not Used

Bedrooms Total
4
Bathrooms Full
4
Bathrooms Half
0
Bathrooms Total
4
Living Area Source
Appraiser
Building Area Total
2320
Year Built
1986
Accessibility Features YN
No
New Construction YN
No
Garage YN
No
Carport YN
No
Pool Private YN
No
Entry Level
1
Parking Total
10

View

Other
Yes

Lock Box Type

None
Yes

Appliances

Electric Range
Yes
Electric Water Heater
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Stucco
Yes

Cooling

Separate Meters
Yes

Current Use

Investment
Yes
Multi-Family
Yes
Residential
Yes

Fencing

Chain Link
Yes

Financial Data Source

Accountant
Yes
Owner
Yes

Flooring

Tile
Yes

Heating

Central
Yes
Electric
Yes
Separate Meters
Yes

Income Includes

Rent Only
Yes

Laundry Features

None
Yes

Levels

Two
Yes

Listing Terms

Assumable
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Corner Lot
Yes

Owner Pays

Common Area Maintenance
Yes
Exterior Maintenance
Yes
Grounds Care
Yes
Pest Control
Yes
Roof Maintenance
Yes
Taxes
Yes
Trash Collection
Yes

Parking Features

Additional Parking
Yes
Circular Driveway
Yes
Guest
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Roof

Shingle
Yes

Security Features

Security Lights
Yes
Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Tenant Pays

All Utilities
Yes
Cable TV
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Separate Electric Meters
Yes
Sewer Connected
Yes
Sewer Not Available
Yes

Water Source

Public
Yes
Listing Office: Adams, Cameron & Co., Realtors
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.