516 Phoenix AVENUE Daytona Beach, FL ^$ 599,900

516 Phoenix AVENUE

^$ 599,900

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516 Phoenix AVENUE

Daytona Beach, FL, 32118

^$ 599,900

Studio Baths0.0 Sq 2,888

Monthly Estimate*

^$ 3,987

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Studio

Multi-Family Home for sale in Daytona Beach, FL

for $599,900. This 2,888 square foot home was built in 1935 on a lot size of 0.15.

Under contract-accepting backup offers. Rare opportunity to own a 6-unit Apartment building just one block from Daytona Beach. Tenants are responsible for Lawn Care and Tenants pay for their own electricity. No trash collection or common electric costs to the landlord. The owner pays for water & gas for common water heater of approximately $350 per month. Shared Washer/Dryer for the building (Coin Operated). The unit mix consists of, One 2 bed with 1 bath unit, Three 1 bed with 1 bath units, and Two studios. Total potential gross monthly income of $7,850.

Multi-Family Pending

Price

^$ 599,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,615

Style

Multi Family

Lot Size

0.15

Year Built

1935

Town/City

Daytona Beach

County/Region

Volusia

MLS | Web ID

O6059496

Features

General

Interior Features Ninguno

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Electricity Available Water Available

Roof Other

Exterior Features Other

Zoning 0

Construction Materials Other

Year Built 1935

Property SubType Multi Family

Tax Year 2021

Percent Ownership Fee Simple

County Volusia

New Construction No

Property Type Residential Income

HOA / Comm Assn No

Subdivision Name CAREW

Garage Y/N No

Status Pending

Directions Head southwest on I-4 W Exit onto FL-44 W/E New York Ave toward Deland Historic Dist Turn right onto N Kepler Rd Turn right onto US-92 E/W International Speedway Blvd Pass by Dollar General (on t

City DAYTONA BEACH

Buyer Agent Compensation 2.25%

Senior Community Y/N No

NumberOfUnitsTotal 6

MLS Area 32118 - Daytona Beach/Holly Hill

Lot Size Units Square Feet

Lot Size Square Feet 6480

Private Pool No

Waterfront Y/N No

Carport Y/N No

Street Name Phoenix

Listing Terms Cash Conventional

Tax Annual Amount 4615.1

Public Remarks Under contract-accepting backup offers. Rare opportunity to own a 6-unit Apartment building just one block from Daytona Beach. Tenants are responsible for Lawn Care and Tenants pay for their own elec

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6059496

Days on Market 565

Living Area Units Square Feet

Standard Status Pending

Tax Lot 17

Legal Description E 10 FT OF LOT 17 & LOT 18 & W 5.5 FT OF LOT 19 CAREW SUB IN HUSTONS DAYTONA BCH MB 8 PGS 145-146 INC PER OR 4603 PG 4788 PER OR 5543 PG 4055 PER OR 5781 PGS 2385-2386 PER OR 6847 PG 0230 PER OR 6880

Water Access Y/N No

Water View Y/N No

Exterior

Water Source Public

Lot Size Area 6480

Foundation Details Slab

Number of Buildings 1

Lot Dimensions 81 x 80

Lot Size Acres 0.15

Road Surface Type Other

Interior

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix AVENUE

Total Bedrooms 0

Total Baths 0

* Excluded Features

List By

Sloane Realty, Llc

Broker

matt@sloanerealtyllc.com

Affordability Calculator

$4,372

Per Month

Monthly Principal & Interest: $3,987
Monthly Property Taxes: $385
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Daytona Beach, FL

Average List Price ^$812,129

Percent of Sale Price 35%

About Daytona Beach, FL

67,575 Population

3% Since 2002

^$31,022 Median Income

39.5 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266288 Elementary School

265661 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2024	$599,900	-11.13%	Price Down
4/18/2024	$675,000	-3.43%	Price Down
1/9/2024	$699,000	-0.14%	Price Down
10/4/2023	$699,999	-4.10%	Price Down
9/7/2023	$729,900	-2.67%	Price Down
6/20/2023	$749,900	-6.26%	Price Down
9/14/2022	$800,000		Listed Price

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516 Phoenix AVENUE, Daytona Beach, FL, 32118 is a Multi-Family Home for sale at $599,900 with 2,888 sqft and a lot size of 0.15. 516 Phoenix AVENUE is a studio with 0.0 baths and was built in 1935. The property's zip code is 32118 which is in Daytona Beach, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 6/5/2024.

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516 Phoenix AVENUE

Multi-Family Home for sale in Daytona Beach, FL

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