2987 S Atlantic Ave #303 · Daytona Beach Shores, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 105°F)
- 6 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +12.1/15.0
- Schools +4.8/10.0
- Livability +3.9/5.0
- Condition / age +3.8/5.0
- 1% rule +3.4/10.0
- Cash flow +2.5/30.0
- Rent growth +2.4/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$289,500
2987 S Atlantic Ave #303 · Daytona Beach Shores, FL 32118
2 bd · 2.0 ba · 1,171 sqft · Condo
· 129 Days on market
Built 1977
Garage
$247/sqft
· 10% below area
Est $322k · 10% under
$934/mo HOA · 38% of rent
↓ 6% since listing
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Are you looking for an updated beach escape in an unmatched location? This oceanside gem is among the most affordable two-bedroom options in peaceful and private Daytona Beach Shores. Enjoy beautiful beach views from the balcony, living room, and both bedrooms! Modern and convenient flooring adorns the entire condo (no carpet!) while the kitchen provides granite counters, stainless steel appliances with a double oven, and upgraded cabinetry. Both bathrooms have also been upgraded. Oceans Five is a residential oceanfront condo community near shopping, dining and more.
Key facts
- Upgraded cabinetry
- Fitness room
- Double oven
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $290k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-1k ($-12k/yr) — negative.
- To cash-flow at today's rent, offer at most $144k (50.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (15.6% below list).
- Recommended offer: $144k (50.2% below list) — sets the bar for cash-flow.
- Cap rate 2.1% vs local median 0.8% in Daytona Beach Shores — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#201 in FL, #3,146 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, health & safety A; Watch: cost of living C-, amenities D-.
- Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: R. J. Longstreet Elementary School (math 57% / reading 57%, grade C+, #781 of 2,144 statewide, top 38%, 359 students, 60% FRL); Silver Sands Middle School (math 50% / reading 52%, grade C, #237 of 571 statewide, top 43%, 1,165 students, 54% FRL); Atlantic High School (math 24% / reading 46%, grade F, #379 of 667 statewide, top 58%, 1,266 students, 52% FRL) — zoned schools at 55% FRL track the district average.
- Market conditions: Rents soft (-0.2%/yr); 1226 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
- At $2,442/mo this rent would consume 48% of the median local household income ($61k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 129 days — a 12% lower offer ($255k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: HOA is 38% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$144,040
(50.2% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 129 days. Have you received any prior offers? Is the seller open to a 50% concession, seller financing, or rate buy-down credit?
- Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.84% ✗
- Cap rate
- 2.13%
- Cash-on-cash
- -14.88%
- DSCR
- 0.34
- GRM
- 9.9
CMA / ARV
- ARV (median comp)
- $322,500
- List price
- $289,500
- Delta
- -10.23%
- Verdict
- UNDERPRICED
- Comps
- 12 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3043 S Atlantic Ave #804 | 0.16mi | 2/2.0 | 1,171 (0%) | 1mo | $335,000 | $286 | 92 |
| 2937 S Atlantic Ave #1504 | 0.15mi | 2/2.0 | 1,450 (+24%) | 0mo | $446,500 | $308 | 68 |
| 2937 S Atlantic Ave #206 | 0.15mi | 2/2.0 | 1,450 (+24%) | 1mo | $380,000 | $262 | 67 |
| 4 Oceans West Blvd Unit 508D | 0.31mi | 2/2.0 | 1,400 (+20%) | 0mo | $245,000 | $175 | 60 |
| 2625 S Atlantic Ave Unit 14NE | 0.94mi | 2/2.0 | 1,275 (+9%) | 0mo | $550,000 | $431 | 50 |
| 3131 S Ridgewood Ave #108 | 1.37mi | 2/2.0 | 1,013 (-14%) | 1mo | $245,000 | $242 | 42 |
| 420 Banana Cay Dr Unit A | 1.40mi | 2/2.0 | 922 (-21%) | 0mo | $152,500 | $165 | 40 |
| 2425 S Atlantic Ave #202 | 1.48mi | 2/2.0 | 1,380 (+18%) | 0mo | $400,000 | $290 | 40 |
| 2545 S Atlantic Ave #102 | 1.18mi | 2/2.0 | 1,380 (+18%) | 1mo | $350,000 | $254 | 39 |
| 2545 S Atlantic Ave #1804 | 1.18mi | 2/2.0 | 1,363 (+16%) | 1mo | $475,000 | $348 | 39 |
| 2555 S Atlantic Ave #302 | 1.11mi | 2/2.0 | 1,380 (+18%) | 1mo | $490,000 | $355 | 39 |
| 142 Florida Shores Blvd #142 | 1.06mi | 2/2.5 | 1,428 (+22%) | 1mo | $285,000 | $200 | 37 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
5-year hold
- IRR
- -50.5%
- Equity multiple
- -0.45×
- Total profit
- $-117,483
- Equity at exit
- $43,165
10-year hold
- IRR
- —
- Equity multiple
- -1.59×
- Total profit
- $-209,923
- Equity at exit
- $25,031
Cash invested: $81,060 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
Active competition Active MLS
- For sale now
- 2 active · 7 under contract
- Median asking
- $342,500 ($292/sqft)
- Median days on market
- 192 d
- This list price
- 50% of active listings are priced below it
- ARV vs active asking
- -5.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 32118
- Rents YoY
- -0.2%
- Active inventory
- 1226
- Price-to-rent
- 9.9×
Monthly cashflow live
↻
- Estimated rent
- $2,442 high interval (Pro) →
- Mortgage (P&I)
- −$1,518
- Tax est. 1.5%
- −$362 /mo · $4,342/yr
- Insurance
- −$121
- HOA
- −$934
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$513
- Net cashflow
- $-1,005
Break-even live
Break-even rent
$3,715
Max offer price
$144,040
Occupancy floor
—
Sensitivity live
| Price | -10% $-805 | -5% $-905 | +0% $-1,005 | +5% $-1,105 | +10% $-1,205 |
|---|---|---|---|---|---|
| Rent | -10% $-1,198 | -5% $-1,102 | +0% $-1,005 | +5% $-909 | +10% $-812 |
| Rate | -1.0pp $-859 | -0.5pp $-932 | base $-1,005 | +0.5pp $-1,080 | +1.0pp $-1,157 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $72,375
- Closing costs
- $8,685
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2987 S Atlantic Ave #205 Daytona Beach Shores, FL | 2.0 | 2.0 | 1028 | $2,600 | $2.53 | 119d | 1 | 0.04mi |
| 2987 S Atlantic Ave #1504 Daytona Beach, FL | 2.0 | 2.0 | 1171 | $2,375 | $2.03 | 6d | 1 | 0.04mi |
| 2947 S Atlantic Ave #606 Daytona Beach Shores, FL | 3.0 | 2.0 | 1458 | $3,600 | $2.47 | 62d | 1 | 0.06mi |
| 2947 S Atlantic Ave #1506 Daytona Beach Shores, FL | 3.0 | 3.0 | 1458 | $3,500 | $2.40 | 5d | 1 | 0.06mi |
| 2947 S Atlantic Ave #401 Daytona Beach, FL | 2.0 | 2.0 | 1200 | $2,500 | $2.08 | 119d | 1 | 0.06mi |
| 2947 S Atlantic Ave #1806 Daytona Beach, FL | 3.0 | 3.0 | 1458 | $2,495 | $1.71 | 117d | 1 | 0.06mi |
| 2947 S Atlantic Ave #506 Daytona Beach Shores, FL | 3.0 | 3.0 | 1458 | $3,850 | $2.64 | 62d | 1 | 0.06mi |
| 2947 S Atlantic Ave #606 Daytona Beach, FL | 3.0 | 3.0 | 1458 | $3,400 | $2.33 | 119d | 1 | 0.06mi |
| 2937 S Atlantic Ave #1904 Daytona Beach Shores, FL | 2.0 | 2.0 | 1450 | $3,050 | $2.10 | 62d | 1 | 0.12mi |
| 3013 S Atlantic Ave Unit 907 Daytona Beach, FL | 2.0 | 2.0 | 1088 | $2,800 | $2.57 | 119d | 1 | 0.14mi |
| 3013 S Atlantic Ave #403 Daytona Beach Shores, FL | 2.0 | 2.0 | 1189 | $2,345 | $1.97 | 6d | 1 | 0.14mi |
| 3023 S Atlantic Ave Unit 1531031P Daytona Beach Shores, FL | 2.0 | 2.0 | 1097 | $2,969 | $2.71 | 6d | 1 | 0.14mi |
| 3023 S Atlantic Ave #406 Daytona Beach Shores, FL | 2.0 | 2.0 | 1189 | $2,350 | $1.98 | 6d | 1 | 0.16mi |
| 3023 S Atlantic Ave Apt 203 Daytona Beach Shores, FL | 2.0 | 2.0 | 1361 | $2,600 | $1.91 | 119d | 1 | 0.17mi |
| 3023 S Atlantic Ave #507 Daytona Beach, FL | 2.0 | 2.0 | 1445 | $2,800 | $1.94 | 119d | 1 | 0.17mi |
| 3 Oceans West Blvd Unit 4A6 Daytona Beach Shores, FL | 2.0 | 2.0 | 1400 | $2,100 | $1.50 | 6d | 1 | 0.17mi |
| 3 Oceans West Blvd Daytona Beach Shores, FL | 2.0 | 2.0 | 1400 | $1,700 | $1.21 | 6d | 1 | 0.17mi |
| 3043 S Atlantic Ave #1901 Daytona Beach Shores, FL | 2.0 | 2.0 | 1062 | $2,450 | $2.31 | 119d | 1 | 0.20mi |
| 3043 S Atlantic Ave Apt 1706 Daytona Beach Shores, FL | 2.0 | 2.0 | 1061 | $2,675 | $2.52 | 88d | 1 | 0.20mi |
| 3043 S Atlantic Ave Apt 1602 Daytona Beach Shores, FL | 2.0 | 2.0 | 1028 | $2,550 | $2.48 | 119d | 1 | 0.20mi |
| 3043 S Atlantic Ave Apt 2202 Daytona Beach Shores, FL | 2.0 | 2.0 | 1028 | $3,200 | $3.11 | 6d | 1 | 0.20mi |
| 1 Oceans West Blvd Unit 6B1 Daytona Beach Shores, FL | 2.0 | 2.0 | 1265 | $2,300 | $1.82 | 62d | 1 | 0.22mi |
| 1 Oceans West Blvd Unit 4B5 Daytona Beach Shores, FL | 2.0 | 2.0 | 1327 | $2,150 | $1.62 | 62d | 1 | 0.22mi |
| 1 W Oceans Blvd Unit 1A5 Daytona Beach, FL | 2.0 | 2.0 | 1327 | $2,000 | $1.51 | 78d | 1 | 0.23mi |
| 3047 S Atlantic Ave #1802 Daytona Beach Shores, FL | 2.0 | 2.0 | 1304 | $2,500 | $1.92 | 6d | 1 | 0.25mi |
| 3047 S Atlantic Ave #1506 Daytona Beach, FL | 2.0 | 2.0 | 1290 | $2,270 | $1.76 | 62d | 1 | 0.25mi |
| 3051 S Atlantic Ave #1005 Daytona Beach, FL | 2.0 | 2.0 | 1112 | $2,800 | $2.52 | 6d | 1 | 0.29mi |
| 3051 S Atlantic Ave #1004 Daytona Beach Shores, FL | 2.0 | 2.0 | 1247 | $2,450 | $1.96 | 88d | 1 | 0.30mi |
| 3051 S Atlantic Ave Apt 1904 Daytona Beach Shores, FL | 2.0 | 2.0 | 1134 | $2,300 | $2.03 | 62d | 1 | 0.30mi |
| 3051 S Atlantic Ave #1705 Daytona Beach, FL | 2.0 | 2.0 | 1058 | $2,500 | $2.36 | 62d | 1 | 0.30mi |
| 3051 S Atlantic Ave #2205 Daytona Beach, FL | 2.0 | 2.0 | 1240 | $2,550 | $2.06 | 5d | 1 | 0.30mi |
| 3051 S Atlantic Ave #505 Daytona Beach, FL | 2.0 | 2.0 | 1058 | $2,299 | $2.17 | 78d | 1 | 0.30mi |
| 3051 S Atlantic Ave #505 Daytona Beach, FL | 2.0 | 2.0 | 1058 | $2,400 | $2.27 | 6d | 1 | 0.30mi |
| 3051 S Atlantic Ave Unit 1 Daytona Beach Shores, FL | 2.0 | 2.0 | 1072 | $2,500 | $2.33 | 119d | 1 | 0.30mi |
| 3115 S Atlantic Ave Unit 201 Daytona Beach Shores, FL | 2.0 | 2.0 | 986 | $2,500 | $2.54 | 119d | 1 | 0.46mi |
| 3137 S Atlantic Ave Unit 3 Daytona Beach, FL | 2.0 | 1.0 | 900 | $2,300 | $2.56 | 119d | 1 | 0.57mi |
| 140 Cascade Ter Daytona Beach Shores, FL | 2.0 | 1.5 | 1085 | $1,650 | $1.52 | 6d | 1 | 0.81mi |
| 122 Esmeralda Ave Daytona Beach, FL | 3.0 | 1.0 | 1180 | $2,600 | $2.20 | 119d | 1 | 0.87mi |
| 2625 S Atlantic Ave Unit 23NE Daytona Beach Shores, FL | 1.0 | 1.0 | 850 | $2,500 | $2.94 | 6d | 1 | 0.90mi |
| 130 Glen Myra Ave Unit 1 Daytona Beach Shores, FL | 1.0 | 1.0 | 775 | $1,400 | $1.81 | 119d | 1 | 0.95mi |
Property features AI
Finance
- HOA & community
- Homeowners associationMonthly association fee includes maintenance of grounds, sewer, trash, and waterAssociation amenities: beach access, pool, trash service, water
Exterior
- Parking
- Secured underground parking1 garage space
- Security
- Fire sprinkler systemSmoke detector(s)
- Utilities
- Public waterPublic sewerElectricity connectedWater connectedSewer connectedCable available and connected
- Home design
- CondominiumResidential propertyOne levelEntry on level 310-story building
- Exterior features
- BalconyWaterfrontRiverfrontOceanfrontOcean access
Interior
- Kitchen
- RefrigeratorMicrowaveElectric ovenDishwasher
- Bedrooms
- Total rooms: 5
- Flooring
- HardwoodCarpetTileVinylWood
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral airCeiling fan(s)
- Interior features
- Ceiling fan(s)Fire sprinkler systemSmoke detector(s)
HOA detail $934/mo · $11,208/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $289,500 Active 129 DOM
-
2026-09-22days on market $289,500 Active 127 DOM
-
2026-09-21days on market $289,500 Active 126 DOM
-
2026-09-20days on market $289,500 Active 125 DOM
-
2026-09-19days on market $289,500 Active 124 DOM
-
2026-09-18days on market $289,500 Active 123 DOM
-
2026-09-17days on market $289,500 Active 122 DOM
-
2026-09-16days on market $289,500 Active 121 DOM
-
2026-09-15days on market $289,500 Active 120 DOM
-
2026-09-14days on market $289,500 Active 119 DOM
-
2026-09-13days on market $289,500 Active 118 DOM
-
2026-09-12days on market $289,500 Active 117 DOM
-
2026-09-11days on market $289,500 Active 116 DOM
-
2026-09-05days on market $289,500 Active 110 DOM
-
2026-09-04days on market $289,500 Active 109 DOM
-
2026-09-03days on market $289,500 Active 108 DOM
-
2026-08-31days on market $289,500 Active 105 DOM
-
2026-08-29days on market $289,500 Active 103 DOM
-
2026-08-28days on market $289,500 Active 102 DOM
-
2026-08-27days on market $289,500 Active 101 DOM
-
2026-08-26days on market $289,500 Active 100 DOM
-
2026-08-25days on market $289,500 Active 99 DOM
-
2026-08-24days on market $289,500 Active 98 DOM
-
2026-08-23days on market $289,500 Active 97 DOM
-
2026-08-21days on market $289,500 Active 95 DOM
-
2026-08-20days on market $289,500 Active 94 DOM
-
2026-08-19days on market $289,500 Active 93 DOM
-
2026-08-18days on market $289,500 Active 92 DOM
-
2026-08-17days on market $289,500 Active 91 DOM
-
2026-08-16days on market $289,500 Active 90 DOM
-
2026-08-15days on market $289,500 Active 89 DOM
-
2026-08-15days on market $289,500 Active 88 DOM
-
2026-08-13days on market $289,500 Active 87 DOM
-
2026-08-12days on market $289,500 Active 86 DOM
-
2026-08-12price $289,500 Active 85 DOM
-
2026-08-11days on market $299,999 Active 85 DOM
-
2026-08-10days on market $299,999 Active 84 DOM
-
2026-08-09days on market $299,999 Active 83 DOM
-
2026-08-08days on market $299,999 Active 82 DOM
-
2026-08-07days on market $299,999 Active 81 DOM
-
2026-08-06days on market $299,999 Active 80 DOM
-
2026-08-05days on market $299,999 Active 79 DOM
-
2026-08-04days on market $299,999 Active 78 DOM
-
2026-08-03days on market $299,999 Active 77 DOM
-
2026-07-31days on market $299,999 Active 74 DOM
-
2026-07-30days on market $299,999 Active 72 DOM
-
2026-07-28days on market $299,999 Active 71 DOM
-
2026-07-26days on market $299,999 Active 69 DOM
-
2026-07-25days on market $299,999 Active 68 DOM
-
2026-07-24days on market $299,999 Active 67 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 9/10 Extreme 6 d/yr ≥105°F today · 16 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,308
- − Mortgage interest
- −$16,217
- − Property taxes
- −$4,342
- − Insurance
- −$1,448
- − Repairs & maintenance
- −$2,345
- − Management
- −$2,345
- − HOA
- −$11,208
- − Depreciation
- −$8,422
- Taxable loss
- −$17,018
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$4,084
- After-tax cash flow
- $-7,979/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
75/100
Cosmetic rehab
Est. rehab $5,855–$17,565 screening
This oceanfront condo is in good condition with a good location and modern amenities. It's ready for a new owner to enjoy the beach views and community amenities.
Value-add opportunities
- Both beachfront furniture — enhances curb appeal and rental potential ↑
- Both beach-themed decor — enhances curb appeal and rental potential ↑
- Rental beach towels and sunscreen — improves guest experience and rental potential ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 48/100
Zoned Schools
Elementary
R. J. Longstreet Elementary School
C+
FL #781/2,144
Nat'l #8,534/41,679
Middle
Silver Sands Middle School
C
FL #237/571
Nat'l #3,276/14,009
High
Atlantic High School
F
FL #379/667
Nat'l #9,567/17,239
Schools (NCES district)
- District
- Volusia
- NCES district ID
- 1201920
- Math proficiency
- 44% ▼ -9.00%
- Reading proficiency
- 49% ▼ -3.00%
- Median HH income
- $42,946
- Composite
- 39.2/100
- National rank
- #4019
- State rank
- #47 of 73 in FL
B
Composite livability gradescore 77/100
Livability — Daytona Beach Shores
- Score
- 77/100
- State rank
- #201
- US rank
- #3146
Category grades
Amenities D-
Commute A+
Cost of living C-
Crime A+
Employment C+
Housing C+
Health & safety A
User ratings B+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Daytona Beach Shores, FL
- County
- Volusia County · 572,749 people
- Metro
- Deltona-Daytona Beach-Ormond Beach, FL
- Population (ZIP)
- 18,383
- Household income
- $61,266
- Rent vs Own
- Severe rent burden
- 14% of renters
Population outlook (Volusia County) Hauer SSP2
- Today (2025)
- 572,749 people
- By 2030
- 598,695 · +4.5%
- By 2040
- 644,880 · +12.6%
- By 2050
- 681,451 · +19.0%
- By 2075
- 759,957 · +32.7%
- By 2100
- 778,902 · +36.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (81%)
- Race & ethnicity
- White 81% Two or more races 7% Hispanic / Latino 7% Black 4% Asian 2%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 2%
- Common ancestry
- Romanian 3% Lithuanian 3% Slovak 2%
- Foreign-born
- 12% · Canada, Vietnam, Dominican Republic
- Languages at home
- 85% English-only · Spanish 5% Other Indo-European 3% Russian/Polish/Slavic 2%
Political lean MEDSL · Volusia
- 2024 margin
- Strong R (+21.8) · D 38.7% · R 60.5%
- 2008→2024 swing
- -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
- All cycles
- 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -534.90%
- Current HPI
- 262.3757
- Rent YoY
- ▼ -0.21%
- Metro
- Deltona-Daytona Beach-Ormond Beach, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
-6.2% since first listed4 events — show timeline
- 2026-05-18 Listed $299,999 Daytona MLS
- 2025-12-02 Listing Removed — Daytona MLS
- 2025-08-02 Price Changed $314,900 Daytona MLS
- 2025-06-17 Listed $319,900 Daytona MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…