Active
$6,000,000

1890 S Palmetto Avenue
South Daytona, FL 32119

40baths
1973built

About this home

3 PARCELS 3 PROPERTIES: 76 bedroom 40 baths.
Riverside at South Daytona presents a rare opportunity to acquire a fully repositioned, cash-flowing four-building multifamily portfolio in one of Florida's dynamic coastal markets. Located off South Palmetto Avenue in Daytona Beach, this exceptional asset sits within close proximity to the Halifax River corridor, offering residents a waterfront lifestyle with close access to Riverfront Veterans Memorial Park's boat ramps and other recreational amenities. Current ownership has executed a comprehensive capital improvement program that transformed the entire portfolio through exterior enhancements including new monument signage, refreshed paint, updated soffits and gutters, and complete interior renovations across all unit configurations delivering contemporary finishes that command premium rents. The property offers a well-balanced unit mix of one and two-bedroom apartments in a garden-style configuration.

Home facts

Property type
Multi Family
Bathrooms
40
Year built
1973
Lot
0.75 acres
Waterfront
No
Annual taxes
$64,066
Beachside / mainland
Mainland
Days on market
72

Features

Flooring

Tile, Vinyl

Parking

Unassigned

Construction

Block, Concrete

Assigned public schools

Elementary South Daytona Elementary 600 Elizabeth Pl, South Daytona, FL 32119 · (386) 322-6180 State report card Homes for sale zoned for this school
Middle Silver Sands Middle School 1300 Herbert St, Port Orange, FL 32129 · (386) 322-6175 State report card Homes for sale zoned for this school
High Atlantic High School 1250 Reed Canal Rd, Port Orange, FL 32129 · (386) 322-5600 State report card Homes for sale zoned for this school

From Volusia County Schools' current attendance boundaries at the home's map location (district school zone maps). Zones can change; confirm with the district. School choice, magnet and charter options may also be available.

Location

Mainland
West of the river; the beach is across a bridge
Drive to the beach
About 10 minutes (3.7 mi) to the beach at Silver Beach Av
Drive-on beach ramp
Florida Shores Blvd

Beachside distances are straight-line to the nearest public beach access or ramp (Volusia County data); private walkovers owned by a building aren't in the county's data. "Oceanfront lot" means the county lot lines run to the beach with nothing but beach or dune in between (Volusia County parcel map). Mainland drive times and miles follow the roads, from this home to the quickest of the nearby beach accesses; they are estimates from a routing service (OpenRouteService), and actual times vary with traffic, traffic lights, season and events. Beach driving depends on the tide and the season; check the county's ramp status before you go.

Listing by FlatFee.com · 954-965-3990

MLS # 1228957 · Daytona Beach REALTORS® MLS · Updated Oct 4, 2026

Listing data provided by Daytona Beach REALTORS® MLS via IDX. Information is deemed reliable but is not guaranteed. Listings are displayed with the listing brokerage. All measurements and square footages are approximate. Some IDX listings have been excluded from this website: it shows homes within 35 miles of Daytona Beach.

The area: South Daytona

South Daytona is a small mainland city between Daytona Beach and Port Orange, along the west shore of the Halifax River, with established neighborhoods of mostly single-story homes a short drive from the beachside bridges.