Turnkey Daytona Condo Rental

Turnkey Daytona Condo Rental

2 bed 1 bath 800 sq ft Built in 1987 Condominium
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73
Occupancy Status
Low High
10 /20
Level of Rehab
Heavy Light
18/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
19/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

This turnkey 2-bedroom, 1-bath condo offers investors a true “grab-and-go” rental opportunity with immediate cash flow from day one. A tenant is already in place through January 31, 2027 at $1,400 per month, producing an estimated 10.2% cap rate when self-managed or 8.54% with professional property management.

Once the unit becomes available for re-leasing, the projected 2027 fair-market rent for a comparable 2/1 in Volusia County is approximately $1,673 per month. At that rental rate, the estimated cap rate increases to an impressive 13.17% when self-managed or 11.21% with property management.

The HOA services include:  Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, and Water.

Conveniently located just minutes from Embry-Riddle Aeronautical University, Daytona State College, Daytona International Airport, Tanger Outlets, I-4, I-95, shopping, dining, and the World’s Most Famous Beach. Whether you’re expanding your rental portfolio or considering the unit for future personal use, this well-maintained condo delivers an attractive combination of immediate rental income, long-term value, and a great location.

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We recommend rent
Rental Income
$1,400 mo. / $16,800 yr.
Estimated Taxes
$1,200 / yr.
Maintenance
$250 / yr.
HOA Dues
$4,668 / yr.
$10,322
Projected Income
10.22%
Estimated APY
$500
Projected Income
0.46%
Estimated ROI

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