About This Home

This 0-bedroom, 40-bathroom commercial at 1890 S Palmetto Avenue in South Daytona, FL is listed for $6,000,000 ($182 per sqft). Built in 1973, the home offers 33,000 sqft of living space on a 0.75 acres lot.

Key Features

  • Built in 1973
  • 0.75 acre lot

Property Details

40 full
1973
Listing Description

3 PARCELS 3 PROPERTIES: 76 bedroom 40 baths. Riverside at South Daytona presents a rare opportunity to acquire a fully repositioned, cash-flowing four-building multifamily portfolio in one of Florida's dynamic coastal markets. Located off South Palmetto Avenue in Daytona Beach, this exceptional asset sits within close proximity to the Halifax River

corridor, offering residents a waterfront lifestyle with close access to Riverfront Veterans Memorial Park's boat ramps and other recreational amenities. Current ownership has executed a comprehensive capital improvement program that transformed the entire portfolio through exterior enhancements including new monument signage, refreshed paint, upda

ted soffits and gutters, and complete interior renovations across all unit configurations delivering contemporary finishes that command premium rents. The property offers a well-balanced unit mix of one and two-bedroom apartments in a garden-style configuration.

Monthly Cost Estimate

$32,089/mo

20% down · 6.5% · 30 years

Principal$4,339
Interest$26,000
Insurance$1,750

Estimates only. Actual payments may vary.

Location

1890 S Palmetto Avenue

South Daytona, FL 32119

Property Details

Flooring

VinylTile

Construction

Block Concrete

Parking

Assigned

Questions & Answers

This 0-bedroom, 40-bathroom commercial at 1890 S Palmetto Avenue is listed at $6,000,000 ($182/sqft). The estimated monthly payment is $32,089 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.75 acre lot.

This property is listed by Cliff Glansen.

CG

Cliff Glansen

Agent at FlatFee.com

Listed by FlatFee.com · Broker phone: (954) 965-3990 · Broker website

MLS# 1228957· Source: Daytona Beach Area Association of Realtors· 100 days on PropertySimple

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1890 S Palmetto Avenue, South Daytona, FL 32119

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