$2,295,000
Active1216 Kennedy Rd, Daytona Beach, FL 32117
19,854 sq ft
Listing courtesy of FLORIDA REALTY INVESTMENTS · MLS# TB8496656
200 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this property
Welcome to Kennedy Garden Apartments, a 20-unit apartment building in Daytona Beach, FL. This meticulously maintained building offers a lucrative investment with strong rental potential and a desirable unit mix. Each of the 20 units features two bedrooms and one bathroom, offering approximately 900 square feet of living space. The roof of the building was replaced in 2019, ensuring structural integrity and providing peace of mind for both residents and property owners. There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.
Facts
- Property type
- Multi-Family 5+
- Year built
- 1974
- Flood zone
- X
- Annual taxes
- $24,295/yr
- Listed
- Apr 11, 2026
- MLS #
- TB8496656
Commercial details
Building & site
- Building size
- 19,854 SF
- Lot size
- 0.81 acres (35,398 SF)
- Road frontage
- City Street
- Buildings
- 1
- Occupancy
- Tenant-occupied
Investor metrics
- Price per SF (MLS)
- $115.59/SF
- Net operating income
- $169,600/yr
- Units
- 20
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $2,450,000
- Price reduced to $2,295,000from $2,350,000
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1216 Kennedy Rd, Daytona Beach, FL 32117
Listing courtesy of FLORIDA REALTY INVESTMENTS · MLS# TB8496656 · Active
Where this property is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
