2987 S Atlantic Ave #805 · 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 +12.0/15.0
- Schools +4.8/10.0
- Condition / age +4.0/5.0
- Livability +3.9/5.0
- Cash flow +3.8/30.0
- 1% rule +3.8/10.0
- Rent growth +2.4/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$279,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
PRICED TO SELL! $5 MILLION DOLLAR RENO ALMOST COMPLETE. ALL ASSESSMENT PAID. (Sold AS IS) WELCOME TO YOUR COASTAL PARADISE RETREAT AND EMBRACE AN EASY-BREEZE LIFESTYLE! MAKING THIS THE IDEAL OPPORTUNITY TO ACQUIRE YOUR BEACHFRONT ESCAPE. THIS EXQUISITE 2-BEDROOM SPLIT FLOOR PLAN OFFERS CAPTIVATING OCEAN AND RIVER VIEWS. THE KITCHEN FEATURES RAISED PANEL CABINETS IN A NEUTRAL BEIGE TONE, BEAUTIFULLY COMPLEMENTING THE STAINLESS-STEEL APPLIANCES (brand new refrigerator) AND THE LIVING ROOM/DINING ROOM IS FILLED WITH NATURAL LIGHT AND BREATHTAKING VIEWS IN EVERY DIRECTION. DELIVERED FURNISHED, START A NEW CHAPTER AND EMBRACE A BEACH LIFESTYLE.
Key facts
- Direct beach entry
- Heated outdoor pool
- Beachfront escape
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $279k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-808 ($-10k/yr) — negative.
- To cash-flow at today's rent, offer at most $162k (41.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (12.4% below list).
- Recommended offer: $162k (41.9% below list) — sets the bar for cash-flow.
- Cap rate 2.8% 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 $2,444/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 $8k 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 121 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 5y ago 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 33% 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.
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 121 days. Have you received any prior offers? Is the seller open to a 42% 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
- 0.88% ✗
- Cap rate
- 2.82%
- Cash-on-cash
- -12.41%
- DSCR
- 0.45
- GRM
- 9.5
CMA / ARV
- ARV (median comp)
- $310,000
- List price
- $279,000
- Delta
- -10.00%
- Verdict
- FAIR
- Comps
- 11 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3051 S Atlantic Ave #1806 | 0.26mi | 2/2.0 | 1,072 (+4%) | 1mo | $310,000 | $289 | 80 |
| 1 Oceans West Blvd Unit 2A3 | 0.21mi | 1/1.0 (-1) | 1,010 (-2%) | 1mo | $120,000 | $119 | 77 |
| 3013 S Atlantic Ave #902 | 0.09mi | 2/2.0 | 1,189 (+16%) | 1mo | $289,000 | $243 | 70 |
| 3043 S Atlantic Ave #804 | 0.16mi | 2/2.0 | 1,171 (+14%) | 1mo | $335,000 | $286 | 69 |
| 3131 S Ridgewood Ave #108 | 1.38mi | 2/2.0 | 1,013 (-2%) | 1mo | $245,000 | $242 | 62 |
| 1 Oceans West Blvd Unit 22A4 | 0.21mi | 1/2.0 (-1) | 1,265 (+23%) | 1mo | $172,816 | $137 | 59 |
| 2615 S Atlantic Ave Unit 3F | 1.01mi | 2/2.0 | 1,069 (+4%) | 1mo | $289,000 | $270 | 57 |
| 420 Banana Cay Dr Unit A | 1.41mi | 2/2.0 | 922 (-10%) | 0mo | $152,500 | $165 | 48 |
| 2625 S Atlantic Ave Unit 14NE | 0.94mi | 2/2.0 | 1,275 (+24%) | 0mo | $550,000 | $431 | 40 |
| 303 Ridge Blvd #210 | 1.38mi | 2/1.0 | 810 (-21%) | 1mo | $110,000 | $136 | 35 |
| 303 Ridge Blvd #2100 | 1.37mi | 2/1.0 | 810 (-21%) | 1mo | $110,000 | $136 | 35 |
| 303 Ridge Blvd #110 | 1.38mi | 2/1.0 | 810 (-21%) | 2mo | $83,000 | $102 | 35 |
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
- IRR
- -44.6%
- Equity multiple
- -0.32×
- Total profit
- $-103,272
- Equity at exit
- $41,600
- IRR
- —
- Equity multiple
- -1.33×
- Total profit
- $-181,662
- Equity at exit
- $24,123
Cash invested: $78,120 (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
Active competition Active MLS
- For sale now
- 2 active · 4 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
- +3.1% 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
- 9.5×
Monthly cashflow live
- Estimated rent
- $2,444 high interval (Pro) →
- Mortgage (P&I)
- −$1,463
- Tax est. 1.5%
- −$349 /mo · $4,185/yr
- Insurance
- −$116
- HOA
- −$810
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$513
- Net cashflow
- $-808
Break-even live
Sensitivity live
| Price | -10% $-615 | -5% $-711 | +0% $-808 | +5% $-904 | +10% $-1,000 |
|---|---|---|---|---|---|
| Rent | -10% $-1,001 | -5% $-904 | +0% $-808 | +5% $-711 | +10% $-615 |
| Rate | -1.0pp $-667 | -0.5pp $-737 | base $-808 | +0.5pp $-880 | +1.0pp $-953 |
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
- $69,750
- Closing costs
- $8,370
- 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 #1506 Daytona Beach Shores, FL | 3.0 | 3.0 | 1458 | $3,500 | $2.40 | 5d | 1 | 0.09mi |
| 2947 S Atlantic Ave #606 Daytona Beach, FL | 3.0 | 3.0 | 1458 | $3,400 | $2.33 | 119d | 1 | 0.09mi |
| 2947 S Atlantic Ave #401 Daytona Beach, FL | 2.0 | 2.0 | 1200 | $2,500 | $2.08 | 119d | 1 | 0.09mi |
| 2947 S Atlantic Ave #1806 Daytona Beach, FL | 3.0 | 3.0 | 1458 | $2,495 | $1.71 | 117d | 1 | 0.09mi |
| 2947 S Atlantic Ave #606 Daytona Beach Shores, FL | 3.0 | 2.0 | 1458 | $3,600 | $2.47 | 62d | 1 | 0.09mi |
| 2947 S Atlantic Ave #506 Daytona Beach Shores, FL | 3.0 | 3.0 | 1458 | $3,850 | $2.64 | 62d | 1 | 0.09mi |
| 3013 S Atlantic Ave Unit 907 Daytona Beach, FL | 2.0 | 2.0 | 1088 | $2,800 | $2.57 | 119d | 1 | 0.12mi |
| 3013 S Atlantic Ave #403 Daytona Beach Shores, FL | 2.0 | 2.0 | 1189 | $2,345 | $1.97 | 6d | 1 | 0.12mi |
| 3023 S Atlantic Ave Unit 1531031P Daytona Beach Shores, FL | 2.0 | 2.0 | 1097 | $2,969 | $2.71 | 6d | 1 | 0.12mi |
| 3023 S Atlantic Ave #406 Daytona Beach Shores, FL | 2.0 | 2.0 | 1189 | $2,350 | $1.98 | 6d | 1 | 0.14mi |
| 3023 S Atlantic Ave Apt 203 Daytona Beach Shores, FL | 2.0 | 2.0 | 1361 | $2,600 | $1.91 | 119d | 1 | 0.14mi |
| 3023 S Atlantic Ave #507 Daytona Beach, FL | 2.0 | 2.0 | 1445 | $2,800 | $1.94 | 119d | 1 | 0.14mi |
| 2937 S Atlantic Ave #1904 Daytona Beach Shores, FL | 2.0 | 2.0 | 1450 | $3,050 | $2.10 | 62d | 1 | 0.15mi |
| 3043 S Atlantic Ave Apt 1602 Daytona Beach Shores, FL | 2.0 | 2.0 | 1028 | $2,550 | $2.48 | 119d | 1 | 0.18mi |
| 3043 S Atlantic Ave #1901 Daytona Beach Shores, FL | 2.0 | 2.0 | 1062 | $2,450 | $2.31 | 119d | 1 | 0.18mi |
| 3043 S Atlantic Ave Apt 2202 Daytona Beach Shores, FL | 2.0 | 2.0 | 1028 | $3,200 | $3.11 | 6d | 1 | 0.18mi |
| 3043 S Atlantic Ave Apt 1706 Daytona Beach Shores, FL | 2.0 | 2.0 | 1061 | $2,675 | $2.52 | 88d | 1 | 0.18mi |
| 3047 S Atlantic Ave #1802 Daytona Beach Shores, FL | 2.0 | 2.0 | 1304 | $2,500 | $1.92 | 6d | 1 | 0.23mi |
| 3047 S Atlantic Ave #1506 Daytona Beach, FL | 2.0 | 2.0 | 1290 | $2,270 | $1.76 | 62d | 1 | 0.23mi |
| 3 Oceans West Blvd Daytona Beach Shores, FL | 2.0 | 2.0 | 1400 | $1,700 | $1.21 | 6d | 1 | 0.23mi |
| 3 Oceans West Blvd Unit 4A6 Daytona Beach Shores, FL | 2.0 | 2.0 | 1400 | $2,100 | $1.50 | 6d | 1 | 0.23mi |
| 1 Oceans West Blvd Unit 4B5 Daytona Beach Shores, FL | 2.0 | 2.0 | 1327 | $2,150 | $1.62 | 62d | 1 | 0.25mi |
| 1 Oceans West Blvd Unit 6B1 Daytona Beach Shores, FL | 2.0 | 2.0 | 1265 | $2,300 | $1.82 | 62d | 1 | 0.25mi |
| 1 W Oceans Blvd Unit 1A5 Daytona Beach, FL | 2.0 | 2.0 | 1327 | $2,000 | $1.51 | 78d | 1 | 0.26mi |
| 3051 S Atlantic Ave #1005 Daytona Beach, FL | 2.0 | 2.0 | 1112 | $2,800 | $2.52 | 6d | 1 | 0.27mi |
| 3051 S Atlantic Ave #505 Daytona Beach, FL | 2.0 | 2.0 | 1058 | $2,299 | $2.17 | 78d | 1 | 0.27mi |
| 3051 S Atlantic Ave #2205 Daytona Beach, FL | 2.0 | 2.0 | 1240 | $2,550 | $2.06 | 5d | 1 | 0.27mi |
| 3051 S Atlantic Ave #505 Daytona Beach, FL | 2.0 | 2.0 | 1058 | $2,400 | $2.27 | 6d | 1 | 0.27mi |
| 3051 S Atlantic Ave #1705 Daytona Beach, FL | 2.0 | 2.0 | 1058 | $2,500 | $2.36 | 62d | 1 | 0.27mi |
| 3051 S Atlantic Ave #1004 Daytona Beach Shores, FL | 2.0 | 2.0 | 1247 | $2,450 | $1.96 | 88d | 1 | 0.27mi |
| 3051 S Atlantic Ave Apt 1904 Daytona Beach Shores, FL | 2.0 | 2.0 | 1134 | $2,300 | $2.03 | 62d | 1 | 0.27mi |
| 3051 S Atlantic Ave Unit 1 Daytona Beach Shores, FL | 2.0 | 2.0 | 1072 | $2,500 | $2.33 | 119d | 1 | 0.28mi |
| 3115 S Atlantic Ave Unit 201 Daytona Beach Shores, FL | 2.0 | 2.0 | 986 | $2,500 | $2.54 | 119d | 1 | 0.43mi |
| 3137 S Atlantic Ave Unit 3 Daytona Beach, FL | 2.0 | 1.0 | 900 | $2,300 | $2.56 | 119d | 1 | 0.55mi |
| 140 Cascade Ter Daytona Beach Shores, FL | 2.0 | 1.5 | 1085 | $1,650 | $1.52 | 6d | 1 | 0.79mi |
| 122 Esmeralda Ave Daytona Beach, FL | 3.0 | 1.0 | 1180 | $2,600 | $2.20 | 119d | 1 | 0.86mi |
| 130 Glen Myra Ave Unit 1 Daytona Beach Shores, FL | 1.0 | 1.0 | 775 | $1,400 | $1.81 | 119d | 1 | 0.93mi |
| 2625 S Atlantic Ave Unit 23NE Daytona Beach Shores, FL | 1.0 | 1.0 | 850 | $2,500 | $2.94 | 6d | 1 | 0.93mi |
Property features AI
Finance
- HOA & community
- Homeowners association with monthly feeAssociation amenities: barbecue, beach access, cable TV, car wash area, clubhouse, elevators, fitness center, on-site laundry, pool, shuffleboard court, storage, trash service, waterAssociation fee includes cable TV, insurance, internet, grounds maintenance, pest control, security, sewer, trash, and water
Exterior
- Parking
- Assigned parkingUnderground secured garage with garage door openerGuest parking and additional parking
- Security
- Closed-circuit camerasFire sprinkler systemSmoke detectors
- Utilities
- Public waterPublic sewerElectric service: 100 amp, 220 voltsCable availableSewer connectedWater connected
- Home design
- Condominium residenceUpdated / remodeledOne level (entry on level 8)Faces northeast22-story building
- Construction
- Block foundationBlock and stucco constructionOther roof
- Exterior features
- BalconyPatioHeated in-ground poolOceanfront with seawall and ocean accessSprinklers in frontAsphalt city street frontage, public maintained road
Interior
- Kitchen
- RefrigeratorMicrowaveElectric rangeDishwasherGarbage disposal
- Flooring
- LaminateTile
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric)Central air conditioning (electric)
- Interior features
- Breakfast barEntrance foyerOpen floor planPantryFurnished
- Laundry & utility
- Laundry in building / association laundry available
HOA detail $810/mo · $9,720/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-24days on market $279,000 Active 121 DOM
-
2026-09-22days on market $279,000 Active 119 DOM
-
2026-09-21days on market $279,000 Active 118 DOM
-
2026-09-20days on market $279,000 Active 117 DOM
-
2026-09-19days on market $279,000 Active 116 DOM
-
2026-09-18days on market $279,000 Active 115 DOM
-
2026-09-17days on market $279,000 Active 114 DOM
-
2026-09-16days on market $279,000 Active 113 DOM
-
2026-09-15days on market $279,000 Active 112 DOM
-
2026-09-14days on market $279,000 Active 111 DOM
-
2026-09-13days on market $279,000 Active 110 DOM
-
2026-09-12days on market $279,000 Active 109 DOM
-
2026-09-11days on market $279,000 Active 108 DOM
-
2026-09-05days on market $279,000 Active 102 DOM
-
2026-09-04days on market $279,000 Active 101 DOM
-
2026-09-03days on market $279,000 Active 100 DOM
-
2026-08-31days on market $279,000 Active 97 DOM
-
2026-08-29days on market $279,000 Active 95 DOM
-
2026-08-28days on market $279,000 Active 94 DOM
-
2026-08-27days on market $279,000 Active 93 DOM
-
2026-08-26days on market $279,000 Active 92 DOM
-
2026-08-25days on market $279,000 Active 91 DOM
-
2026-08-24days on market $279,000 Active 90 DOM
-
2026-08-23days on market $279,000 Active 89 DOM
-
2026-08-21days on market $279,000 Active 87 DOM
-
2026-08-20price $279,000 Active 86 DOM
-
2026-08-20days on market $285,000 Active 86 DOM
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2026-08-19days on market $285,000 Active 85 DOM
-
2026-08-18days on market $285,000 Active 84 DOM
-
2026-08-17days on market $285,000 Active 83 DOM
-
2026-08-16days on market $285,000 Active 82 DOM
-
2026-08-15days on market $285,000 Active 81 DOM
-
2026-08-15days on market $285,000 Active 80 DOM
-
2026-08-13days on market $285,000 Active 79 DOM
-
2026-08-12days on market $285,000 Active 78 DOM
-
2026-08-11days on market $285,000 Active 77 DOM
-
2026-08-10days on market $285,000 Active 76 DOM
-
2026-08-09days on market $285,000 Active 75 DOM
-
2026-08-08days on market $285,000 Active 74 DOM
-
2026-08-07days on market $285,000 Active 73 DOM
-
2026-08-06days on market $285,000 Active 72 DOM
-
2026-08-05days on market $285,000 Active 71 DOM
-
2026-08-04days on market $285,000 Active 70 DOM
-
2026-08-03days on market $285,000 Active 69 DOM
-
2026-07-31days on market $285,000 Active 66 DOM
-
2026-07-30days on market $285,000 Active 64 DOM
-
2026-07-28days on market $285,000 Active 63 DOM
-
2026-07-26days on market $285,000 Active 61 DOM
-
2026-07-25days on market $285,000 Active 60 DOM
-
2026-07-24days on market $285,000 Active 59 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
- $29,325
- − Mortgage interest
- −$15,628
- − Property taxes
- −$4,185
- − Insurance
- −$1,395
- − Repairs & maintenance
- −$2,346
- − Management
- −$2,346
- − HOA
- −$9,720
- − Depreciation
- −$8,116
- Taxable loss
- −$14,412
- Est. tax savings @ 24.0%
- +$3,459
- After-tax cash flow
- $-6,232/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
This beachfront condo is in good condition with a good view and minimal repairs needed. It's a great opportunity for a beach lifestyle.
Value-add opportunities
- Resale Paint touch-ups — Enhances curb appeal and freshens the interior ↑
- Both Update flooring — Modernize the space and improve aesthetics ↑
- Both Replace light fixtures — Update lighting to modernize the space and improve energy efficiency ↑
ⓘ 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.
Zoned Schools
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
Livability — Daytona Beach Shores
- Score
- 77/100
- State rank
- #201
- US rank
- #3146
Category grades
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
+14.5% since first listed34 events — show timeline
- 2026-05-26 Listed $285,000 Daytona MLS
- 2026-05-26 Listing Removed — Daytona MLS
- 2026-05-20 Price Changed $290,500 Daytona MLS
- 2026-03-09 Listed $295,000 Daytona MLS
- 2025-11-22 Listing Removed — Daytona MLS
- 2025-08-04 Price Changed $309,000 Daytona MLS
- 2025-01-10 Listed $319,900 Daytona MLS
- 2024-11-01 Listing Removed — Daytona MLS
- 2024-10-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
- 2024-10-13 Price Changed $321,000 Stellar MLS as Distributed by MLS Grid
- 2024-10-12 Price Changed $321,000 Daytona MLS
- 2024-09-06 Price Changed $328,000 Stellar MLS as Distributed by MLS Grid
- 2024-08-29 Price Changed $328,000 Daytona MLS
- 2024-04-30 Price Changed $335,000 Stellar MLS as Distributed by MLS Grid
- 2024-04-30 Listing Removed — Daytona MLS
- 2024-04-30 Listed $335,000 Daytona MLS
- 2024-03-07 Listed $328,000 Stellar MLS as Distributed by MLS Grid
- 2024-02-22 Price Changed $328,000 Daytona MLS
- 2024-01-09 Price Changed $335,000 Daytona MLS
- 2023-10-31 Listed $352,999 Daytona MLS
- 2023-10-31 Listing Removed — Daytona MLS
- 2023-09-02 Price Changed $352,999 Daytona MLS
- 2023-07-28 Price Changed $356,999 Daytona MLS
- 2023-06-15 Price Changed $358,000 Daytona MLS
- 2023-05-15 Price Changed $358,500 Daytona MLS
- 2023-04-14 Listed $359,900 Daytona MLS
- 2022-02-22 Sold (MLS) $324,000 Daytona MLS
- 2022-01-16 Contingent — Daytona MLS
- 2021-12-29 Price Changed $324,000 Daytona MLS
- 2021-11-30 Price Changed $329,000 Daytona MLS
- 2021-11-02 Price Changed $339,000 Daytona MLS
- 2021-10-07 Listed $349,000 Daytona MLS
- 2021-03-17 Sold (MLS) $250,000 Daytona MLS
- 2021-02-22 Listed $249,000 Daytona MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…