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
This property is eligible under the Freddie Mac First Look Initiative through December 27, 2013. Buyer to pay Doc Stamps on the Deed. Please see bank required addenda attached. Brand new a/c. Tile on first floor, new carpeting on 2nd.
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
Year
Property tax
Land + Additions
Assessment*
2021
$0
$1
2020
$0
$1
2019
$0
$1
2018
$0 (−33.3%)
$1
2017
$0
$1
2016
$1
2014
$1
Tax history for 480 Reed Canal Rd
Year
Property tax
Land + Additions
Assessment*
2021
$0
$1
2020
$0
$1
2019
$0
$1
2018
$0 (−33.3%)
$1
2017
$0
$1
2016
$1
2014
$1
*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
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Last updated by owner on Nov 9, 2026.
Aug 28, 2026 • Active
Res elect
Electrical
Jul 1, 2026 • Active
Res elect
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Parking Features: Assigned, Guest, Off Street, Parking Lot
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)
66
48
71
53
76
59
80
65
86
71
88
74
91
76
89
76
85
74
80
69
76
60
71
55
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in South Daytona. 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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