506 Butler Boulevard, Daytona Beach, FL 32118

$649,000
2,242
SqFt

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Sold Price
$649,000
List Price
$649,000
Status
Sold
Days on Market
44
Closing Date
Aug 25, 2023
MLS#
FC291910
Property Style
Quadruplex
Year Built
1935
Living Area
2,242
Lot Size
13,900
Acres
0.31
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
East Daytona
MLS Area Major
Daytona Beach/Holly Hill

Property Description

Under contract-accepting backup offers. Phenomenal investment opportunity and location for this multi-family 4-unit cash-flowing property located in the heart of Daytona Beach. Two blocks from the World's Most Famous Beach! Walking distance to Daytona Lagoon, Ocean Walk Shoppes, dining, shopping and more. Zero % vacancy with great tenants in place. Newer roofs on two of the buildings. Some of the units have been beautifully renovated. Plenty of space for parking. 3 buildings. Lots of potential for use of the front NW portion of the lot where another structure used to reside and former owners chose not to rebuild. Check with the City of Daytona Beach for options. Currently, tenants pay electric and cable.

Additional Information

Taxes
$4200
Annual Gross Income
67200
Location
City Limits, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
MFR
Interior Layout
Other
Interior Features
Other
Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected
Heating
Wall Units / Window Unit
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Brick, Stucco, Wood Frame
Exterior Features
Lighting
Roof
Other, Shingle
Foundation
Other
Pool
No Pool
Garage Features
Common, Driveway, Guest
Pets
Allowed
Flood Zone Code
X
Parcel ID
15-33-05-01-21-0200
Legal Description
LOT 2 & W 50 FT OF LOT 3 EXC N 100 FT BLK 21 1/2 EAST DAYTON A & INC LOT 4 EXC S 100 FT & EXC PART IN NE CORNER BEING 6 1 /2 FT ON E/S & 9.8 FT ON S/S & 10.7 FT ON W/S & LOT 6 EXC W

Listing courtesy of KELLER WILLIAMS RLTY FL. PARTN. 386-944-2800

Selling Office: STELLAR NON-MEMBER OFFICE.

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