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$3,095,000
42 Days On Site

480 Reed Canal Road
South Daytona, FL 32119

For Sale|Multi Family|Active
44
Beds
22
Full Baths
22
Partial Baths
1,024
SqFt
$3,022
/SqFt
1986
Built
Subdivision:
Riverwood Village Condo
County:
Volusia
Listing courtesy of Brock Bolduc of Sun Pro Realty and Management LLC
Call Now: (386) 562-1375
Is this the home for you? We can help make it yours.
(386) 562-1375
480 Reed Canal Road480 Reed Canal Road480 Reed Canal Road480 Reed Canal Road
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Monthly Payment (Est.)

$14,121
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$3,095,000
Days On Site 
42 Days
Bedrooms 
44
Inside Area (SqFt) 
1,024 sqft
Total Baths 
44
Full Baths 
22
Partial Baths 
22
Lot Size 
N/A
Year Built 
1986
MLS® Number 
1210441
Status 
Active
Property Tax 
$2,432
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Additional Property Use 
Single Family
Number Of Stories 
2
Parking 
AssignedGuestOff StreetParking Lot
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
22528
Stories 
Two
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Washer/Dryer StackedRefrigeratorMicrowaveIce MakerElectric RangeDisposalDishwasher
Cooling 
Central Air
Electric 
150 Amp Service
Flooring 
CarpetTileVinyl
Heating 
CentralElectric
Laundry Features 
In Unit
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Exterior Features
Fencing 
FencedVinyl
Lot Features 
Zero Lot Line
Road Frontage 
City Street
Roof 
Shingle
View 
PoolTrees/Woods
Waterview 
PoolTrees/Woods
Community Features
Financing Terms Available 
AssumableCashConventional
MLS Area 
25 - Daytona S of Beville, E of Nova
Roads 
Asphalt
Listing courtesy of Brock Bolduc of Sun Pro Realty and Management LLC



Listing information is provided by Participants of the Daytona Beach Area Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Daytona Beach Area Association of REALTORS MLS.
Last checked: 2025-04-19 08:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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