Kona Kai Apartments

19-23 S. Hollywood Avenue, Daytona Beach, FL 32118

Property Information

  • For Sale $1,850,000
  • Property Type Multi-Family
  • Property Size 5,636 SF
  • Units 14
  • Lot Size 0.29 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1939
  • Date Updated May 13, 2026

Description

Located on S. Hollywood Avenue in the heart of the beachside in Daytona Beach, FL.Presenting a prime investment opportunity, this beachside multifamily property comprises 14 units. With a desirable Daytona Beach location and a history of high occupancy, this property offers stability and potential for a prospective investor. Recent upgrades include new roofs installed in 2020 and 2021 across all 3 buildings, ensuring low maintenance costs. Additionally, all tenants are current on their rent, eliminating accounts receivable concerns. This low-rise/garden-style property represents a lucrative and attractive investment with a strong historical performance and significant potential for future growth.

Highlights

  • All tenants are current on their rent (no accounts receivable).
  • New roofs in 2020 & 2021 for all 3 buildings.
  • Unit mix includes: 5 studios, 3 (one bedrooms), 4 (two bedrooms), and 1 (3 bedroom).

Contacts

Michael Baxter

SVN | Alliance Commercial Real Estate Advisors

Location

Located at 19-23 S. Hollywood Avenue, Daytona Beach, FL 32118, this property is part of the Daytona Beach neighborhood and North Central Florida market.

Contact Listing Broker
Michael Baxter

SVN | Alliance Commercial Real Estate Advisors

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