| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Good |
| Demographics | 47th | Fair |
| Amenities | 59th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1250 Woodcrest Dr, Daytona Beach, FL, 32114, US |
| Region / Metro | Daytona Beach |
| Year of Construction | 1986 |
| Units | 119 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1250 Woodcrest Dr Daytona Beach Multifamily Investment
Neighborhood occupancy is competitive among Deltona–Daytona Beach–Ormond Beach submarkets, and renter demand is reinforced by a high share of renter-occupied units, according to WDSuite’s CRE market data.
This Inner Suburb neighborhood in Daytona Beach carries a B+ rating and performs above the metro median on several livability factors, including restaurant and park access. Restaurant and cafe densities rank competitively among 159 metro neighborhoods, and parks/pharmacies sit in higher national percentiles, supporting day‑to‑day convenience for residents. Average school ratings trend below the national midpoint, which may matter for family renters when weighing location tradeoffs.
At the neighborhood level, occupancy is in the top third of the metro, suggesting steady leasing conditions rather than a lease‑up story. Renter concentration is notably high (renter‑occupied share near the top of the metro distribution), which points to a deep tenant base for multifamily assets and supports stabilization through typical cycles. Median contract rents in the neighborhood sit modestly above national midpoints with solid multi‑year growth, indicating pricing power without signaling luxury positioning.
Within a 3‑mile radius, demographics show recent population growth with households expanding faster than population and household sizes trending smaller. Looking forward, forecasts indicate additional population and household gains alongside rising incomes, which can enlarge the renter pool and support occupancy stability. For investors, a larger number of smaller households generally broadens demand for 1–2 bedroom product and can aid lease retention if managed thoughtfully.
Ownership costs in the immediate area are lower than many coastal Florida markets, which can introduce some competition from entry‑level ownership. However, the neighborhood’s elevated renter share and metro‑competitive occupancy suggest multifamily remains a primary housing option locally. Vintage for the subject property (1986) is slightly older than the neighborhood average construction year, implying potential value‑add or systems modernization to sharpen competitiveness while benefiting from solid location fundamentals.
Safety indicators are mixed when viewed across metro and national lenses. Nationally, several metrics sit modestly above the midpoint, with property offenses comparatively low versus many neighborhoods nationwide, while the metro ranking signals room for improvement in some categories. Recent year‑over‑year movement shows a decline in property offenses but volatility in violent‑offense measures, suggesting ongoing monitoring is prudent.
For investors, this translates to standard risk management: emphasize lighting, access controls, and resident engagement; align security posture with comps in competitive Daytona Beach neighborhoods; and track quarterly trends to ensure the property’s measures keep pace with local patterns.
The broader labor base includes technology and corporate services reachable by regional commutes, supporting renter demand from professionals who value access over daily walkability. The employers below reflect that regional draw.
- Symantec — cybersecurity software (33.2 miles)
Built in 1986 with 119 units, the property offers scale in a neighborhood where occupancy is competitive among metro peers and renter concentration is high. According to CRE market data from WDSuite, local rents track around national midpoints with healthy multi‑year growth, while a strong renter‑occupied share indicates depth of demand. The slightly older vintage relative to area stock suggests a clear value‑add path through interior upgrades and systems modernization to enhance rent positioning without relying on outsized market growth.
Within a 3‑mile radius, population and household counts are growing, and household sizes are trending smaller—factors that typically expand the renter pool and support steady occupancy. Ownership remains more accessible than in higher‑cost Florida metros, which can create some competition, but the neighborhood’s renter orientation and convenience amenities provide a solid base for leasing stability if pricing and renewals are managed with an eye on affordability pressure.
- Metro‑competitive occupancy and a renter‑oriented neighborhood underpin demand
- 1986 vintage offers value‑add and systems‑upgrade upside versus newer stock
- 3‑mile growth in population and households supports a larger tenant base and leasing stability
- Pricing near national midpoints enables revenue management without a luxury reposition
- Risks: below‑average school ratings, mixed safety signals, and some competition from entry‑level ownership