480 Reed Canal Rd

South Daytona, FL 32119

$2,400,000
Last Sold Price
44
Beds
1,024 Sq. Ft.
$2,344 / Sq. Ft.
1,024
Sq. Ft.
$2,344
per Sq. Ft.
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Closed 10/15/25
Closed 10/15/25
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Description

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...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.
  1. Listed by Brock Bolduc • Brokerage DRE #1059825 • Sun Pro Realty and Management LLC
    P: (386)-690-1447 C: (386)-690-1447 brock@sunpro.realty

Amenities

  • Air Conditioning
  • Assigned Parking
  • Carpet Floors
  • Central AC
  • Dishwasher
  • Disposal
  • Electric Heat
  • Fence
LISTING CLOSED: 10/15/2025 12:00 AM

Property Details for 480 Reed Canal Road

StatusClosed
MLS #1210441
Days on Market222
Taxes$2,432 / year
HOA Fees-
Condo/Co-op Fees-
Property Type-
MLS Type-
Year Built1986
Lot Size-
CountyVolusia County
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Location

Listing Courtesy of Sun Pro Realty and Management LLC, Brock Bolduc

Sold By Sun Pro Realty and Management LLC, Brock Bolduc

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Building Information for 480 Reed Canal Road

Stories2Residences22Year Built1986Lot Size-

Payment Calculator

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$12,162 per month

30 year fixed, 6.36% Interest

Principal and Interest

$11,959

Property Taxes

$203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 480 Reed Canal Road

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Sold

DAYTONAMLS #1210441

$2,400,000—
Sep 14, 2025

Pending

DAYTONAMLS #1210441

—
Aug 20, 2025

Listed (Active)

DAYTONAMLS #1210441

$3,095,000—
DateEvent & SourcePrice
10/15/2025

Sold

DAYTONAMLS #1210441

$2,400,000
09/14/2025

Pending

DAYTONAMLS #1210441

—
08/20/2025

Listed (Active)

DAYTONAMLS #1210441

$3,095,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 480 Reed Canal Road

Taxable ValueLand-Additions-Total-
Home Facts
Beds0Total Finished SqFt14,592 SqFtAbove Grade Finished SqFt14,592 SqFtStories2Lot Size11,250 SqFtStyleMiscellaneous ResidentialYear Built1986ZoningR2BCountyVOLUSIAAPN5333-29-00-0001

Schools near 480 Reed Canal Road

This home is within Volusia.
Rating
School
Type
Grades
Distance
South Daytona Elementary School
Public - PK to 5
Silver Sands Middle School
Public - 6 to 8
Atlantic High School
Public - 9 to 12
Volusia Virtual School
Public - K to 12
Rating
School
Distance
South Daytona Elementary School
PublicPK to 5

Silver Sands Middle School
Public6 to 8

Atlantic High School
Public9 to 12

Volusia Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sun Pro Realty and Management LLC, Brock Bolduc

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/15/2025 09:16 AM