NOT LISTED FOR SALE

328 Madison Ave Daytona Beach, FL 32114

Central Daytona Neighborhood
5 Beds
-- Bath
1,667 Sq Ft
6,534 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $319,000 $191 Per Sq Ft

14 Days on Market

Highlights

  • RV Access or Parking
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Balcony

About This Home

As of May 2024

***COMPLETELY UPDATED TRIPLEX! INCREDIBLE CASH FLOW OPPORTUNITY*** Fully Rented! Bringing in huge monthly and yearly income numbers! Two updated structures on one parcel! Situated on a great size lot offering plenty of parking spaces with the potential opportunity to add an onsite garage for additional income. Legal rental license currently in place! Over $4,000 in Monthly Income consistently coming in! This is just property #2 out of four being offered in an outstanding 16 total unit portfolio package! Centrally located just a few minutes away from the Atlantic Ocean, the Intracoastal Waterway, One Daytona, the world famous Daytona International Speedway, Daytona State College, Embry-Riddle Aeronautical University, Tanger Shopping Outlet, restaurants, and entertainment! ..... CON'T ..... All separate electric and gas meters! The front structure features two bedrooms, a large living room, and a covered front porch that is currently rented for $1,516 Per Month. The back structure features a downstairs unit that is rented out to a 5+ year tenant for $975 Per Month; and the Upstairs unit was just freshly fully renovated featuring brand new flooring, a brand new kitchen, a brand new bathroom, and is rented out for $1,512 Per Month. This exceptional cash flowing opportunity will not last long!

Last Agent to Sell the Property

Mike Bretzel

Keller Williams Realty Florida Partners License #3361497 Listed on: 03/19/2024

Keller Williams Realty Florida Partners

Last Buyer's Agent

Mike Bretzel

Adams, Cameron & Co., Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1935

Lot Details

  • 6,534

Home Design

  • 1,667 Sq Ft Home
  • Triplex
  • Shingle Roof

Parking

  • Off-Street Parking
  • RV Access or Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Additional Features

  • Electric Range
  • 5 Bedrooms
  • Balcony
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for electricity
  • Assessor Parcel Number 5338-01-11-0082

Community Details

Overview

  • 3 Units
  • Kingston Subdivision

Building Details

  • Gross Income $4,003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,769

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 6,750
  • Subdivision Name: Kingston
  • Directions: From I-95 and ISB go South 4.8 Miles; Turn Left on US-1 go 1 Mile; Turn Left on Madison; Property on North side of road
  • Carport Y N: No
  • Year Built: 1935
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Dimensions: 6,750
  • Location Tax and Legal:Parcel Number: 5338-01-11-0082
  • Location Tax and Legal:Tax Annual Amount: 2769.0
  • Location Tax and Legal:Tax Year: 2023
  • Water Source:Public: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays Electricity: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 48036.0
  • Electric 200 Amp Service: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Electricity
  • Total Bedrooms: 5
  • Living Area: 1667.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Balcony, Other
  • Roof: Shingle
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, RV Access/Parking
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Current Use: Mixed Use, Single Family
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 5338-01-11-0082
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 4003.0

Tax Info

  • Tax Annual Amount: 2769.0
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $319,000 0.0% $191 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $319,000 +65.7% $191 / Sq Ft
06/24/2022 06/24/22 Sold $192,500 0.0% $115 / Sq Ft View Prior Sale
06/09/2022 06/09/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $192,500 +126.5% $115 / Sq Ft
02/08/2019 02/08/19 Sold $85,000 0.0% $51 / Sq Ft View Prior Sale
12/13/2018 12/13/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $85,000 -- $51 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Bretzel

    Seller's Agent in 2024

    Mike Bretzel

    Keller Williams Realty Florida Partners

    (386) 631-5757

    7 in this area

    59 Total Sales

    Mike Bretzel
    Section Image

  • J

    Seller's Agent in 2022

    Janet Lustik

    Adams, Cameron & Co., Realtors

    (386) 258-5500

    6 in this area

    47 Total Sales

    Janet Lustik
    Section Image
  • Elle Gilbert

    Buyer's Agent in 2022

    Elle Gilbert

    Adams, Cameron & Co., Realtors

    (386) 334-2227

    6 in this area

    27 Total Sales

    Elle Gilbert
    Section Image
  • Colleen Calnan

    Seller's Agent in 2019

    Colleen Calnan

    Calnan Real Estate

    (781) 983-4852

    19 in this area

    145 Total Sales

    Colleen Calnan
    Section Image

  • K

    Buyer's Agent in 2019

    Karen Nelson

    Nonmember office

    (386) 677-7131

    275 in this area

    9,187 Total Sales

    Karen Nelson
    Section Image

  • n

    Buyer's Agent in 2019

    non member

    Hayward Brown, Inc.

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1119261

Daytona Beach Area Association of REALTORS®
Florida Volusia County Daytona Beach 32114 Central Daytona

328 Madison Ave, Daytona Beach, FL

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