SOLD OCT 15, 2025

Off Market Oct 2025 for $2.4M

—

•

1,024

sq ft

480 Reed Canal Rd, South Daytona, FL 32119

About this home

This 22-unit townhome portfolio in South Daytona is a rare chance to secure a high-performing investment with strong cash flow and assumable financing for added flexibility. With high occupancy, individually deeded units, and modern upgrades, this portfolio is already producing solid returns—with even more potential to grow. Each townhome offers updated interiors, private patios, assigned parking, and access to a community pool, making them a favorite among renters. The area's strong rental demand and upward-trending market rents create plenty of room to boost income and long-term value. With assumable financing below current market rates in place, getting into this deal is even easier. Whether you plan to hold for passive income, push rents for higher returns, or sell units individually down the line, this portfolio offers multiple ways to win. Opportunities like this don't come around often—don't let it pass you by.

Multi-familyProperty Type

1986Year Built

$2,344Price/Sq.Ft.

Listed by Brock Bolduc • Sun Pro Realty and Management LLC

•386-868-0101 (agent)

•brock@sunpro.realty (agent)

Bought with Brock Bolduc • Sun Pro Realty and Management LLC

Redfin checked: a minute ago

•Source:Daytona MLS #1210441

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 32119, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.6%

0.1% MoM

Median sale price

$250K

$10K MoM

Avg. days on market

57d

1 days MoM

Recently sold homes

110

5 MoM

New listings for sale

NEW 4 HRS AGO
$165,000
2 beds2 baths1,165 sq ft
348 Bob White Ct Unit 119a, Daytona Beach, FL 32119
$270,000
3 beds2 baths1,561 sq ft
136 Muscovy Ct, Daytona Beach, FL 32119
$179,000
2 beds2 baths1,165 sq ft
101 Bob White Ct Unit 101J, Daytona Beach, FL 32119
$309,900
3 beds2 baths1,476 sq ft
77 Spinnaker Cir, South Daytona, FL 32119
3D WALKTHROUGH
$569,900
3 beds3 baths2,534 sq ft
909 Sea Duck Dr, Daytona Beach, FL 32119
$349,900
3 beds2 baths2,040 sq ft
100 Tern Ct, Daytona Beach, FL 32119
$260,000
3 beds1 bath1,422 sq ft
700 Katherine St, South Daytona, FL 32119
OPEN SAT, 11AM TO 1PM
$625,000
3 beds3.5 baths3,880 sq ft
161 Mallard Ln, Daytona Beach, FL 32119
LISTED BY REDFIN
$120,000
2 beds2 baths922 sq ft
430 Banana Cay Dr Unit A, South Daytona, FL 32119
$199,900
2 beds2 baths1,500 sq ft
100 Kingbird Cir #1040, Daytona Beach, FL 32119
See all

Provided by Redfin

Sale history for 480 Reed Canal Rd

Date

Event

Price

APPFOLIO #6

Mar 5, 2026

Rental Removed

$1,350

$1/sq ft

Feb 1, 2026

Listed for Rent

$1,350

$1/sq ft

Jan 17, 2026

Rental Removed

$1,399

$1/sq ft

Jan 15, 2026

Listed for Rent

$1,399

$1/sq ft

Dec 23, 2025

Rental Removed

$1,499

$1/sq ft

Dec 18, 2025

Listed for Rent

$1,499

$1/sq ft

Dec 4, 2025

Rental Removed

$1,445

$1/sq ft

Nov 27, 2025

Price Changed

$1,525

$1/sq ft

Nov 14, 2025

Listed for Rent

$1,599

$2/sq ft

Aug 10, 2025

Rental Removed

$1,599

$2/sq ft

Jul 31, 2025

Price Changed

$1,599

$2/sq ft

Jul 24, 2025

Listed for Rent

$1,695

$2/sq ft

RENTALBEAST #8

Dec 18, 2025

Rental Removed

$1,445

$1/sq ft

Dec 3, 2025

Listed for Rent

$1,445

$1/sq ft

RENTALBEAST #7

Dec 2, 2025

Rental Removed

$1,400

$1/sq ft

Dec 2, 2025

Listed for Rent

$1,400

$1/sq ft

Daytona MLS #1210441

Oct 15, 2025

Sold

$2,400,000

$2,344/sq ft

Sep 15, 2025

Pending

—

Aug 20, 2025

Relisted

—

Jul 22, 2025

Pending

—

Jun 5, 2025

Price Changed

$2,690,000

$2,627/sq ft

Mar 7, 2025

Listed

$3,095,000

$3,022/sq ft

RENTALBEAST #5

Jul 12, 2025

Rental Removed

$1,550

$2/sq ft

May 13, 2025

Listed for Rent

$1,550

$2/sq ft

RENTALBEAST #4

Nov 12, 2024

Rental Removed

$1,550

$2/sq ft

Nov 8, 2024

Listed for Rent

$1,550

$2/sq ft

RENTALBEAST #3

Nov 10, 2024

Rental Removed

$1,550

$2/sq ft

Nov 8, 2024

Listed for Rent

$1,550

$2/sq ft

RENTALBEAST #2

Nov 6, 2024

Rental Removed

$1,550

$2/sq ft

Sep 28, 2024

Listed for Rent

$1,550

$2/sq ft

RENT. #1

Mar 31, 2022

Price Changed

$1,495

$1/sq ft

Daytona MLS #1059181

Jul 25, 2019

Listing Removed

—

Jun 25, 2019

Listed

$99,999

$98/sq ft

Daytona MLS #552584

Jan 24, 2014

Sold

$55,251

$54/sq ft

Dec 12, 2013

Listed

$54,900

$54/sq ft

Daytona MLS #544386

May 17, 2013

Sold

$49,900

$49/sq ft

May 13, 2013

Listed

$49,900

$49/sq ft

Daytona MLS #465346

Apr 25, 2008

Listing Removed

—

Oct 25, 2007

Listed

$154,900

$151/sq ft

Tax history for 480 Reed Canal Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Volusia County

APN

533329000001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: Assigned, Guest, Off Street, Parking Lot

Interior

Bathroom Information
# of Full Bathrooms: 22
# of Half Bathrooms: 22

Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central, Electric

Interior Features
Appliances: Washer/Dryer Stacked, Refrigerator, Microwave, Ice Maker, Electric Range, Disposal, Dishwasher
Flooring: Carpet, Tile, Vinyl

Room Information
Laundry Features: In Unit

Exterior

Exterior Features
Fencing: Fenced, Vinyl
Roof: Shingle

Building Information
Sq. Ft.: 22528.0
Levels: Two
# of Stories Total: 2

Property Features
Has View
Security Features: Smoke Detector(s)

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Current Use: Single Family

Lot Information
Lot Features: Zero Lot Line
Road Surface Type: Asphalt
Road Responsibility: Public Maintained Road
Road Frontage Type: City Street
Lot Size : 0.0

Financial

Tax Information
Tax Annual Amount: $2,432

Utilities

Utility Information
Water Source: Public
Electric: 150 Amp Service
Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Sewer: Public Sewer

Location

Location Information
Directions: From US1, W on Reed Canal Rd, Community is on the right hand side
Subdivision Name: Riverwood Village Condo

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Volusia County
APN: 533329000001

Home facts updated by county records on Jul 13, 2026

About this building

2 for sale

480 Reed Canal Rd, South Daytona, FL 32119

See photos & sale trends

Photo via 480 Reed Canal Rd #12

Units for sale


13	$139,500	2 beds	2 baths	1024 sq ft
10	$145,000	2 beds	1.5 baths	1024 sq ft

Around this home

Schools

South Daytona Elementary School

Public PreK-5 • Assigned • 0.8mi

5/10

Silver Sands Middle School

Public 6-8 • Assigned • 2.1mi

4/10

Atlantic High School

Public PreK-12 • Assigned • 1.8mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 105° expected this year, 20 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

South Daytona, FL • 32119

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

96/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.4 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 32119

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101 Bob White Ct Unit 101J, Daytona Beach, FL 32119

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3D WALKTHROUGH

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OPEN SAT, 11AM TO 1PM

$625,000

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161 Mallard Ln, Daytona Beach, FL 32119

LISTED BY REDFIN3D WALKTHROUGH

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2 beds2 baths922 sq ft

430 Banana Cay Dr Unit A, South Daytona, FL 32119

Home values near 480 Reed Canal Rd

Data from public records.

Address	Redfin Estimate
480 Reed Canal Road Unit 50, South Daytona, FL 2 Beds \| 2 Baths \| - Sq. Ft.	$136,893
480 Reed Canal Road Unit 15, South Daytona, FL 2 Beds \| 2 Baths \| - Sq. Ft.	$149,516

Address	Redfin Estimate
480 Reed Canal Road Unit 20, South Daytona, FL 2 Beds \| 1.5 Baths \| 1040 Sq. Ft.	$114,808
480 Reed Canal Road Unit 25, South Daytona, FL 2 Beds \| 1.5 Baths \| 1024 Sq. Ft.	$122,216

Address	Redfin Estimate
480 Reed Canal Road Unit 23, South Daytona, FL 2 Beds \| 1.5 Baths \| 1040 Sq. Ft.	$116,599
480 Reed Canal Road Unit 55, South Daytona, FL 2 Beds \| 1.5 Baths \| 1024 Sq. Ft.	$141,201

Property information provided by undefined .

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