1459 Admiral Halsey Ave · Daytona Beach, FL 32124

$413,000

4 bd · 3.0 ba · 1,400 sqft · SingleFamily public records · 282 Days on market

Built 1974 0.34 ac lot

---

Why this score? — see what drove the D+ 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).

• Cash flow +12.5/30.0
• ARV discount +7.5/15.0
• Livability +4.2/5.0
• Appreciation +4.0/10.0
• Rent growth +3.9/5.0
• Schools +3.9/10.0
• DSCR +3.7/10.0
• 1% rule +3.1/10.0
• Condition / age +2.5/5.0

Listing remarks MLS

Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

Key facts

• Open floor plan
• Oversized yard
• Stylish kitchen

Tags

• OPEN FLOOR PLAN
• STYLISH KITCHEN
• NATURAL STONE COUNTERS
• SCREEN-ENCLOSED LANAI
• OVERSIZED YARD
• DETACHED GARAGE

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $413k.

Deal economics

• At list price, monthly cash flow is $-63 ($-753/yr) — negative.
• To cash-flow at today's rent, offer at most $402k (2.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $333k (19.4% below list).
• Recommended offer: $333k (19.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 83/100 on livability (#46 in FL, #867 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools D+, employment 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.
• Market conditions: Rents rising fast (+5.5%/yr); 333 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
• This rent runs 43% of the median local income ($93k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.0%/yr); year-one equity from $3k 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 282 days — a 12% lower offer ($363k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 4y 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $333,060 (19.4% below list)

Questions for the listing agent

1. 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?
2. It's been on market 282 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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.
9. 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.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.81% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.65%
• DSCR: 0.97
• GRM: 10.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.99% appreciation · 5.46% rent growth · sell at horizon

5-year hold

• IRR: -9.5%
• Equity multiple: 0.61×
• Total profit: $-44,817
• Equity at exit: $80,417

10-year hold

• IRR: 0.8%
• Equity multiple: 1.07×
• Total profit: $7,881
• Equity at exit: $68,921

Cash invested: $115,640 (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.

Methodology + full state rankings →

ZIP-level market 32124

• Home prices YoY: -0.6%
• Rents YoY: 5.5%
• Active inventory: 333
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $3,331 medium
• Mortgage (P&I): −$2,166
• Tax from tax record: −$356 /mo · $4,273/yr
• Insurance: −$172
• HOA: −$0
• Vacancy / Maint / Mgmt: −$699
• Net cashflow: $-63

Break-even live

Break-even rent $3,410

Max offer price $401,910

Occupancy floor 97%

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: $103,250
• Closing costs: $12,390
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
38 General Doolittle Rd Unit NA Daytona Beach, FL	3.0	2.0	1135	$2,200	$1.94	23d	1	0.11mi
1465 Admiral Nimitz Ave Daytona Beach, FL	3.0	2.0	1420	$2,200	$1.55	23d	1	0.12mi

Listing history 28 events

1. 2026-06-17
   days on market $413,000 Active 282 DOM
2. 2026-06-16
   days on market $413,000 Active 281 DOM
3. 2026-06-15
   days on market $413,000 Active 280 DOM
4. 2026-06-14
   days on market $413,000 Active 278 DOM
5. 2026-06-10
   days on market $413,000 Active 275 DOM
6. 2026-06-09
   days on market $413,000 Active 274 DOM
7. 2026-06-08
   days on market $413,000 Active 273 DOM
8. 2026-06-07
   days on market $413,000 Active 272 DOM
9. 2026-06-05
   days on market $413,000 Active 269 DOM
10. 2026-06-03
    days on market $413,000 Active 268 DOM
11. 2026-06-03
    days on market $413,000 Active 267 DOM
12. 2026-06-01
    days on market $413,000 Active 266 DOM
13. 2026-05-31
    days on market $413,000 Active 265 DOM
14. 2026-05-31
    days on market $413,000 Active 264 DOM
15. 2026-04-30
    historical 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

16. 2026-04-24
    price $413,000 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

17. 2026-04-24
    price $413,000 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

18. 2025-10-03
    price $418,000 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

19. 2025-10-03
    price $418,000 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

20. 2025-09-08
    price $423,000 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

21. 2025-09-08
    listed $423,000 Active 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

22. 2025-08-13
    listed $428,000 Active 758-char remark

    Show marketing remark (758 chars)

    Step inside this beautifully updated 4-bedroom, 2-bathroom home and discover an open floor plan ideal for entertaining and family gatherings. The stylish kitchen features new cabinetry and a natural stone counters, while the living area is filled with natural light and a flowing layout. Enjoy a seamless transition from the contemporary indoor space to the outdoors. The screen-enclosed lanai offers ample room for relaxing. Enjoy the freedom of no HOA with this oversized yard, perfect for storing all your recreational vehicles and toys. The property includes a detached garage and workshop, providing plenty of extra storage and workspace. For your peace of mind, the home includes updated windows and doors, newer roof (2022), A/C, and hot water heater.

23. 2022-06-23
    soldstatus $379,000 Closed
24. 2022-06-22
    soldstatus $379,000
25. 2022-06-17
    status Pending
26. 2022-05-17
    status Active
27. 2022-04-07
    status Pending
28. 2022-03-14
    listed $379,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,273 · $356/mo
• Projected year-2 tax: $4,273 · $356/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥106°F today · 20 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

Taxation est. · year 1

• Rental income: $39,967
• − Mortgage interest: −$23,134
• − Property taxes: −$4,273
• − Insurance: −$2,065
• − Repairs & maintenance: −$3,197
• − Management: −$3,197
• − Depreciation: −$12,015
• Taxable loss: −$7,914
• Est. tax savings @ 24.0%: +$1,899
• After-tax cash flow: $1,146/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.

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

• Score: 83/100
• State rank: #46
• US rank: #867

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime C Employment D- Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Volusia County · 556,871 people
• City population: 67,539
• Metro: Deltona-Daytona Beach-Ormond Beach, FL
• Population (ZIP): 11,409
• Household income: $92,616
• Rent vs Own: 5.8% rent · 94.2% own
• Severe rent burden: 54.0

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 (71%)
• Race & ethnicity: White 71% Black 20% Hispanic / Latino 5% Asian 2% Two or more races 1%
• Common ancestry: Romanian 3% Italian 2% Portuguese 1%
• Foreign-born: 10% · Canada, Mexico, South Korea
• Languages at home: 91% English-only · Spanish 4% Other Asian/Pacific 1% Other Indo-European 1%

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: ▼ -1.99%
• Current HPI: 311.7456
• Rent YoY: ▲ 5.46%
• 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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+9.0% since first listed

14 events — show timeline

• 2026-04-30 Listing Removed — SCMLS
• 2026-04-24 Price Changed $413,000 Stellar MLS as Distributed by MLS Grid
• 2026-04-24 Price Changed $413,000 SCMLS
• 2025-10-03 Price Changed $418,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-03 Price Changed $418,000 SCMLS
• 2025-09-08 Price Changed $423,000 SCMLS
• 2025-09-08 Listed $423,000 Stellar MLS as Distributed by MLS Grid
• 2025-08-13 Listed $428,000 SCMLS
• 2022-06-23 Sold (MLS) $379,000 Stellar MLS as Distributed by MLS Grid
• 2022-06-22 Sold (Public Records) $379,000 Public Records
• 2022-06-17 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-05-17 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-04-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-03-14 Listed $379,000 Stellar MLS as Distributed by MLS Grid

Property tax history

+14.0%/yr

Latest (2025): $4,273 · -0.2% YoY. Source: county tax records.