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$875,000
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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 Waterparl 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 Residence Approx. 1,100 SF Single-Story Coastal Cottage Originally 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 bedrooms 2 full bathrooms Flexible bonus room ideal for a home office, bunk room, media space, or potential 3rd sleeping area Original decorative fireplace feature All-new roof, siding, systems, appliances, and finishes This residence offers the perfect blend of historic beachside charm and modern luxury. Unit 207 - Newly Constructed Rear Building Approx. 1,300 SF Total Two Separate Residences Built entirely from the ground up, the newly constructed rear building includes: One upstairs 2BR/2BA residence One downstairs 2BR/2BA residence Both units were designed with elevated attention to detail, maximizing comfort, durability, and rental appeal. Property Highlights Fully turnkey investment opportunity Three total 2BR/2BA residences Brand-new plumbing, electrical, roofing, appliances, and major systems Interior wall insulation for enhanced efficiency and sound reduction Built with above-code considerations for adverse weather resilience Dedicated outdoor laundry facility with oversized washer/dryer area Modern coastal finishes throughout Minimal deferred maintenance for years to come Prime Beachside Location Situated in one of the most walkable and desirable corridors of Daytona Beach, the property is moments from: Daytona Lagoon Waterpark The Ocean Center Peabody Auditorium Beaches, riverfront attractions, dining, nightlife, and shopping Its premier location supports strong year-round rental demand from vacationers, seasonal visitors, event attendees, and beachside professionals alike. Investment Performance Projected 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 quality Prime beachside positioning Strong income potential Low maintenance ownership Long-term appreciation upside For 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.
Full Property Details
Full Property Details for 205 N Wild Olive Ave
General
- Price: $875,000
- Taxes: $2,846 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: NS1088052
- Updated: 5/27/2026
- Added to Site: 49 day(s) ago
Interior
- Interior Features: Open Floorplan
- Fireplace: Yes
- Fireplace(s): Living Room, Wood Burning
- Appliances: Disposal, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area, Laundry Room, Outside
Exterior
- Exterior Features: Outbuilding
- Deck/Patio: Front Porch, Rear Porch
- Porch/Patio/Deck: Front Porch, Rear Porch
Parking
- Parking Features: Common, Driveway, On Street
Location
- Area: 32118 - Daytona Beach/Holly Hill
- County: Volusia
- Development Name: 32118 - Daytona Beach/Holly Hill
- Subdivision: SMITH BERTHA K RESUB BLKS 17-18 21-23 & 26 MEMENTO
- Driving Directions: From A1A/ Earl St- head West on Earl, Right on N Wild Olive Ave, triplex is third on left.
Community
- Community Name: 32118 - Daytona Beach/Holly Hill
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Cement Siding
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,370
- Sq. Ft. Source: Estimated
- Year Built: 1947
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,250
- Lot Size: 6250
- Lot Dimensions: 50 x 125
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,846.29
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 18 RESUB BLK 22 MEMENTO MB 2 PG 143 PER OR 4104 PG 3964 PER OR 6279 PGS 0484-0485 PER OR 7007 PG 0865
- Flood Zone Info: X
- APN: 530512220180
- Property ID: 530512220180
- Block/Lot/Section: 22
Listed by Premier Sothebys Intl Realty
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Schools
Schools serving 205 N Wild Olive Ave
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
R. J. Longstreet Elementary School 2745 South Peninsula Drive, Daytona Beach, FL 32118 | PK-5 | 4 mi |
Campbell Middle School 625 South Keech Street, Daytona Beach, FL 32114 | 6-8 | 2.6 mi |
Mainland High School 1255 West International Speedway Boulevard, Daytona Beach, FL 32114 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 205 N Wild Olive Ave
Date
Details
Price
Change
Source
5/05/2026
Listed
$875,000
219.34%
MLS
12/23/2025
Sold
$274,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 205 N Wild Olive Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,846
-8%
$345,557
119%
2025
$3,101
-2%
$157,692
-37%
2024
$3,168
11%
$250,066
10%
2023
$2,864
22%
$227,088
48%
2021
$2,354
-10%
$153,911
-24%
2022
$2,623
11%
$203,601
38%
2021
$2,354
34%
$147,319
65%
2019
$1,755
4%
$89,222
8%
2018
$1,693
3%
$82,321
-1%
2017
$1,639
5%
$82,857
11%
2016
$1,558
8%
$74,315
20%
2015
$1,446
-6%
$61,849
-15%
2014
$1,534
11%
$73,029
18%
2013
$1,382
—
$61,659
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 205 N Wild Olive Ave
205 N Wild Olive Avenue, Daytona Beach, FL 32118 (MLS# NS1088052) is a Triplex property with 6 bedrooms and 0 full bathrooms. 205 N Wild Olive Avenue is currently listed for $875,000 and was received on May 05, 2026. Want to learn more about 205 N Wild Olive Avenue? Do you have questions about finding other Triplex real estate for sale in Daytona Beach? You can browse all Daytona Beach real estate or contact a Coldwell Banker agent to request more information.

