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1756 S Clyde Morris BlvdDaytona Beach, FL 32119
Nordica Landing Apartments
Asset ClassMultifamily
# Units108
Year Built: 1985Access Data Room
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Overview

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.

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Investment 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
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1756 S Clyde Morris BlvdDaytona Beach, FL 32119
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