Press Releases
Marcus & Millichap Arranges $4.6M Sale of Multifamily Asset in Daytona Beach Area
July 07, 2026
DAYTONA BEACH, Fla., July 7, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Regents Park, a multifamily property in Holly Hill, Florida near Daytona Beach. The asset sold for $4.6 million.
“The closing of Regents Park reflects continued investor interest in well-positioned multifamily assets,” said Jason Hague, managing director investments in Marcus & Millichap’s Tampa office. “Through our consistent marketing process, we identified an international buyer making their first purchase in Florida. The transaction closed at the agreed-upon contract price within 45 days of executing the purchase and sale agreement, demonstrating the RPH Multifamily Group’s ability to achieve timely outcomes in today’s market environment.”
Hague and Ned Roberts of Marcus & Millichap exclusively marketed the property on behalf of the seller, Carrot Properties, and procured the buyer.
The property at 660 8th St. totals 28,798 square feet across three two-story buildings on a 5.5-acre lot. Regents Park was built in 1986 and approximately 80% of the units have been partially or fully renovated. The 32-unit mix features mostly two-bedroom layouts and includes 3.05 acres of land approved for up to 60 additional units.
Regents Park is close to Nova Road and U.S. Highway 1 and near Volusia Mall, Daytona International Speedway and Daytona Beach International Airport.
“The closing of Regents Park reflects continued investor interest in well-positioned multifamily assets,” said Jason Hague, managing director investments in Marcus & Millichap’s Tampa office. “Through our consistent marketing process, we identified an international buyer making their first purchase in Florida. The transaction closed at the agreed-upon contract price within 45 days of executing the purchase and sale agreement, demonstrating the RPH Multifamily Group’s ability to achieve timely outcomes in today’s market environment.”
Hague and Ned Roberts of Marcus & Millichap exclusively marketed the property on behalf of the seller, Carrot Properties, and procured the buyer.
The property at 660 8th St. totals 28,798 square feet across three two-story buildings on a 5.5-acre lot. Regents Park was built in 1986 and approximately 80% of the units have been partially or fully renovated. The 32-unit mix features mostly two-bedroom layouts and includes 3.05 acres of land approved for up to 60 additional units.
Regents Park is close to Nova Road and U.S. Highway 1 and near Volusia Mall, Daytona International Speedway and Daytona Beach International Airport.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
