506 Butler Boulevard

Daytona Beach, FL 32118

$649,000
Last Sold Price
6
Beds
2,272 Sq. Ft.
$286 / Sq. Ft.
2,272
Sq. Ft.
$286
per Sq. Ft.

Description

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. 0% 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...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. 0% 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.
  1. Listed by Kelli Patton • Keller Williams Realty Florida Partners

Property Details for 506 Butler Boulevard

Subdivision
East Daytona
Directions
From Seabreeze Blvd., head south on A1A, to west on Butler Blvd.
Zoning
Multi-Family
Waterfront
None
Add your commute
LISTING UPDATED: 08/26/2023 01:05 PM

Property Details for 506 Butler Boulevard

StatusClosed
MLS #1109837
Days on Market90
Taxes$4,101 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1935
Lot Size-
CountyVolusia County
Add your commute

Building Information for 506 Butler Boulevard

Stories-Residences4Year Built1935Building Size-Lot Size-

Payment Calculator

$3,884 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,542

Property Taxes

$342

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Butler Boulevard

Summary
Location and General Information
  • Absolute Longitude: 81
  • Area: 14 - Daytona Peninsula S of Seabreeze
  • Living Area: 2272.0
  • Building Type: Combination
  • Total # Units: 4.0
Owner
  • Owner Pays: Insurance Exterior, Maintenance Exterior, Real Estate Taxes, Trash Removal, Water
Parking
  • Parking: Guest, Parking Lot
  • # Parking Spcs: 8.0
Taxes and HOA Information
  • Tax ID: 5305-01-21-0200
  • Taxes: $4,101.00
  • Tax Year: 2022
Property
Lot Information
  • Acreage: 0.31
  • Total Bldg SqFt: 2472.0
  • Cumulative DOM: 90
Property and Assessments
  • Document Count: 0
  • Legal: LOT 2 & W 50 FT OF LOT 3 EXC N 100 FT BLK 21 1/2 EAST DAYTONA & 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 67 FT OF S 32 FT & EXC W 69.90 FT OF LOT 6 MEAS ON N/L & MEAS 40.50 FT ON W/L ADJ TO N OLEANDER AVE & EXC ST BLK 21 MEMENTO PER OR 3366 PG 0477 PER OR 6338 PG 2746 PER OR 6594 PG 1529 PER OR 6897 PG 1734 PER OR 7258 PG 2
  • Type: Regular
  • SqFt Source: Property Appraiser
  • Maintenence Fee Paid: N/A
  • Concessions: Yes
  • List Type: Exclusive Right of Sale
  • Style: Fourplex
  • Special Conditions: None
  • Meters: # Electric Meters: 4
  • Meters: # Water Meters: 1
Utilities
  • Utilities on Site: Underground
  • Water: City
  • Air Conditioning: Multiple Units, Wall/Window Units
  • Heating: Wall/Window Units
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Concrete Block, Stucco, Wood Frame
  • Roof: Composition Shingle, Gravel, Rolled
Interior Features
  • Inside: Cable TV
Multi Family
Income & Expenses Information
  • Financial Info: Gross Monthly Rent: $5,600.00
  • Financial Info: Total Annual Rent: $67,200.00
  • Financial Info: Other Annual Income: $.00
  • Financial Info: % Vacancy: $.00
Unit 1 Information
  • # Units: 1
  • Full Baths: 1
  • Month Rent: 1450
  • Liv Ar SqFt: 520
  • Description: 1B
  • Furnished: UF
  • Parking Spaces: 2
  • unit_nbr: 1
  • bathroom: 1
  • rent: 1450
  • sqft: 520
  • parking: 1B
  • lease: UF
  • furnished: 2
  • std_rent: 1450
  • std_baths: 1.0
Unit 2 Information
  • # Units: 2
  • Full Baths: 1
  • Month Rent: 1350
  • Liv Ar SqFt: 642
  • Description: 1B
  • Furnished: UF
  • Parking Spaces: 2
  • unit_nbr: 2
  • bathroom: 1
  • rent: 1350
  • sqft: 642
  • parking: 1B
  • lease: UF
  • furnished: 2
  • std_rent: 1350.0
  • std_baths: 1.0
Unit 3 Information
  • # Units: 3
  • Full Baths: 1
  • Month Rent: 1350
  • Liv Ar SqFt: 642
  • Description: 2B
  • Furnished: UF
  • Parking Spaces: 2
  • unit_nbr: 3
  • bathroom: 1
  • rent: 1350
  • sqft: 642
  • parking: 2B
  • lease: UF
  • furnished: 2
  • std_rent: 1,350.00
  • std_baths: 1
Unit 4 Information
  • # Units: 4
  • Full Baths: 1
  • Month Rent: 1450
  • Liv Ar SqFt: 600
  • Description: 2B
  • Furnished: UF
  • Parking Spaces: 2
  • unit_nbr: 4
  • bathroom: 1
  • rent: 1450
  • sqft: 600
  • parking: 2B
  • lease: UF
  • furnished: 2
  • std_rent: 1450.0
  • std_baths: 1.0
Rental
Rent Information
  • Tenant Pays: Cable TV, Electric

Property History for 506 Butler Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 506 Butler Boulevard

Taxable ValueLand$142,000Additions$73,690Total$215,690
Tax Record2023$3,867 ($322 / month)
Home Facts
Beds1Baths4Total Finished SqFt520 SqFtAbove Grade Finished SqFt520 SqFtStories1Lot Size13,656 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated1955CountyVOLUSIAAPN5305-01-21-0200

Schools near 506 Butler Boulevard

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
R. J. Longstreet Elementary School
PublicPK to 5

Campbell Middle School
Public6 to 8

Mainland High School
Public9 to 12

Riverview Learning Center
PublicK 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 Keller Williams Realty Florida Partners, Kelli Patton

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: 08/26/2023 01:05 PM