505 South Palmetto Avenue

Daytona Beach, FL 32114

$541,000
Last Sold Price
5
Beds
3,732 Sq. Ft.
$145 / Sq. Ft.
3,732
Sq. Ft.
$145
per Sq. Ft.

Description

505 S Palmetto Apartments is a 5 unit multifamily complex. The property is constructed of wood frame with pitched shingle roofing, consisting of one 2-story apartment building with a total of approximately 3,732 gross square feet and is situated on .25 acres. The unit mix is all one bedroom one bath units. Electric is separately metered, paid for by the tenants. Water, sewer and trash is paid for by the landlord.505 S Palmetto Apartments is a 5 unit multifamily complex. The property is constructed of wood frame with pitched shingle roofing, consisting of one 2-story apartment building with a total of approximately 3,732 gross square feet and is situated on .25 acres. The unit mix is all one bedroom one bath units. Electric is separately metered, paid for by the tenants. Water, sewer and trash is paid for by the landlord.
  1. Listed by Jenn Bickel • EXP Realty LLC

Property Details for 505 South Palmetto Avenue

Subdivision
Not In Subdivision
Directions
US1 North to Right on Loomis to Palmetto. On the Right
Zoning
Multi-Family

Location

Add your commute
LISTING UPDATED: 11/07/2023 08:18 AM

Property Details for 505 South Palmetto Avenue

StatusClosed
MLS #1107771
Days on Market175
Taxes$4,694 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5+ Units
Year Built1949
Lot Size-
CountyVolusia County

Location

Add your commute

Building Information for 505 South Palmetto Avenue

Stories-Residences5Year Built1949Building Size-Lot Size-

Payment Calculator

$3,344 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,952

Property Taxes

$391

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 South Palmetto Avenue

Summary
Location and General Information
  • Absolute Longitude: 81
  • Area: 32 - Daytona Beville to ISB, E of 95
  • Living Area: 3732.0
  • Road Frontage: 100
  • Building Type: Apartment Building
  • Total # Units: 5.0
Owner
  • Owner Pays: Electric
Parking
  • Parking: Parking Lot
Taxes and HOA Information
  • Tax ID: 5339-01-02-0061
  • Taxes: $4,694.00
  • Tax Year: 2022
Property
Lot Information
  • Acreage: .25
  • Total Bldg SqFt: 4166.0
  • Depth: 110.0
  • Land Type: Corner Lot
  • Cumulative DOM: 175
Property and Assessments
  • Document Count: 0
  • Legal: W 100 FT OF LOT 6 BLK 2 DAYTONA MB 2 PG 82 PER OR 5094 PG 4754 PER OR 5512 PG 1339 PER OR 7097 PG 1043 PER OR 7946 PG 3104
  • Type: Variable
  • SqFt Source: Property Appraiser
  • Maintenence Fee Paid: N/A
  • Concessions: No
  • List Type: Exclusive Right of Sale
  • Style: 5+ Units
  • Special Conditions: None
  • Meters: # Electric Meters: 5
  • Meters: # Water Meters: 5
Utilities
  • Water: City
  • Sewer: Public Sewer
  • Air Conditioning: Mixed, Wall/Window Units
Interior and Exterior Features
Exterior Features
  • Construction: Wood Frame
  • Roof: Composition Shingle
Multi Family
Income & Expenses Information
  • Financial Info: Gross Monthly Rent: $4,350.00
  • Financial Info: Total Annual Rent: $66,000.00
Unit 1 Information
  • # Units: 1
  • Full Baths: 1
  • Month Rent: 850
  • Description: 1B
  • unit_nbr: 1
  • bathroom: 1
  • rent: 850
  • parking: 1B
  • std_rent: 850
  • std_baths: 1.0
Unit 2 Information
  • # Units: 2
  • Full Baths: 1
  • Month Rent: 1000
  • Description: 1B
  • unit_nbr: 2
  • bathroom: 1
  • rent: 1000
  • parking: 1B
  • std_rent: 1000.0
  • std_baths: 1.0
Unit 3 Information
  • # Units: 3
  • Full Baths: 1
  • Month Rent: 1000
  • Description: 1B
  • unit_nbr: 3
  • bathroom: 1
  • rent: 1000
  • parking: 1B
  • std_rent: 1,000.00
  • std_baths: 1
Unit 4 Information
  • # Units: 4
  • Full Baths: 1
  • Month Rent: 800
  • Description: 1B
  • unit_nbr: 4
  • bathroom: 1
  • rent: 800
  • parking: 1B
  • std_rent: 800.0
  • std_baths: 1.0
Unit 5 Information
  • # Units: 5
  • Full Baths: 1
  • Month Rent: 700
  • Description: 1B
  • unit_nbr: 5
  • bathroom: 1
  • rent: 700
  • parking: 1B
  • std_rent: 700.0
  • std_baths: 1.0
Rental
Rent Information
  • Tenant Pays: Trash Removal, Water

Property History for 505 South Palmetto Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 South Palmetto Avenue

Taxable ValueLand$87,400Additions$247,177Total$334,577
Tax Record2023$5,129 ($427 / month)
Home Facts
Baths5Total Finished SqFt3,732 SqFtAbove Grade Finished SqFt3,732 SqFtStories2Lot Size11,000 SqFtStyleMobile / Manufactured HomeYear Built1949Year Renovated1970CountyVOLUSIAAPN5339-01-02-0061

Schools near 505 South Palmetto Avenue

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 12
Rating
School
Distance
Turie T. Small Elementary School
PublicPK to 5

Campbell Middle School
Public6 to 8

Mainland High School
Public9 to 12

The Chiles Academy
CharterPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC, Jenn Bickel

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/07/2023 08:18 AM