Nordica Landing
For sale1756 S Clyde Morris Blvd, Daytona Beach, FL 32119
Property type
Multifamily
Unit / Space count
108
Price
Subject to Market
Building size
118,412 sf
Rentable area
118,412 SF
Year built
1985
Year renovated
Occupancy
Zoning code
Lot size
19.83 Acres
Unit mix
72x
2br
Bedroom count
CAP
10.49%
Property description
Nordica Landing is a well-located 108-unit apartment community positioned in the heart of Daytona Beach along S. Clyde Morris Boulevard, a primary north–south corridor serving Daytona Beach and Port Orange. The property benefits from strong surrounding residential density and convenient access to I-95 and I-4, providing direct connectivity to Orlando, Jacksonville, and the broader Central Florida employment corridor. Nordica Landing is minutes from major demand drivers including Embry-Riddle Aeronautical University and Daytona State College, as well as iconic attractions such as Daytona International Speedway and the Daytona Beach coastline. The low-density, two-story garden-style community (built in 1985) features functional floor plans with approximately two-thirds of units configured as 2-bedroom / 2-bath layouts averaging 1,000 SF. All units include full-size in-unit washer/dryers, with two-bedroom residences offering screened-in private patios and storage closets. Residents enjoy a robust amenity package including a swimming pool with sun deck, renovated clubhouse, 24/7 fitness center, outdoor kitchen with lounge area, pickleball courts, and a dog park. The property offers a strong return profile with positive leverage at acquisition and multiple light value-add opportunities through open-concept kitchen enhancements and interior upgrades with luxury-grade finishes and smart-home features to drive rental growth and long-term value.
Property highlights
- Well-Located Daytona Beach Offering: 108-unit apartment community positioned in the heart of Daytona Beach along a primary thoroughfare with strong surrounding residential density and proximity to major demand drivers
- Strong Return Profile: Great positive leverage on going-in numbers with ability to capture additional value through light value-add strategy
- Additional Upside Opportunity: Ability to continue renovating two-bedroom units to a more functional open floor plan concept by opening kitchen wall to make breakfast bar
- Upgrade Interior Finishes: Ability to capture additional rental premiums through modernizing interior finishes with luxury grade materials (quartz counters, LVP flooring, stainless steel appliances, shaker cabinets, higher end plumbing/lighting fixtures, etc.), as well as adding smart-home locks and thermostats
- Low Density Community Feel: 1985-Built Two-Story Garden Style Buildings
- Functional Floor Plans: Two-Thirds of Units are 2-Bed 2-Bath Layouts at 1,000 SF
- Laundry In-Unit: All Units Feature Full-Size Washer/Dryers In-Unit
- Added Unit Features: Two-bedroom units feature screened-in private patios with storage closets
- Robust Resident Amenities: Community features include a swimming pool with sun deck, renovated clubhouse, 24/7 fitness center, outdoor kitchen with lounge area, pickleball courts, and a dog park
- Established Central Daytona Submarket: Located along S Clyde Morris Boulevard (28,500 VPD), a primary north-south corridor serving Port Orange & Daytona Beach with strong surrounding residential density
- Regional Connectivity: Convenient access to I-95 and I-4, providing direct connectivity to Orlando, Jacksonville, and the greater Central Florida employment corridor
- Proximity to Embry-Riddle & Daytona State: Minutes from Embry Riddle Aeronautical University and Daytona State College, collectively enrolling 10,000+ students and employing thousands of faculty and staff
- World-Famous Coastal Destination: Just a short drive to Daytona Beach and the iconic Daytona International Speedway, drawing millions of annual visitors for tourism and major events
- Retail & Daily Needs Convenience: Less than a mile to a Publix supermarket-anchored shopping center (The Shoppes at Beville Road), a Walmart Supercenter, and Aldi Supermarket