NOT LISTED FOR SALE

404 5th Ave Daytona Beach, FL 32118

9 Beds
-- Bath
3,503 Sq Ft
1936 Built

Last Sold February 28, 2018

Last sale price $335,000 $96 Per Sq Ft

207 Days on Market

About This Home

As of February 2018

BEACHSIDE MULTIFAMILY.. 11.4% Cap! 8 UNIT, 6 SEPARATE BUILDINGS, LOCATED DOWN THE BLOCK FROM THE BEACH. This unique multifamily complex consists of 4 “One Bedroom” separate cottage homes, 1 “2 Bedroom Home'' with additional rental ''attached Studio Apartment''(Used for years as the owners home). In addition there are 2 additional ''Studio Apartments'' above the garage. All of the roofs are in the process of being replaced except for units #203/205, that are in good condition. (Costs approx. $24,900.) The cottage home unit #201 was just renovated along with the studio unit 207, #1 . The seller has invested back into the property and it shows well. As always all the information deemed to be true but not guaranteed and must be verified by the potential buyer.

Last Agent to Sell the Property

Jeff Weinert

Marlin Realty Group License #3066533 Listed on: 04/22/2017

Last Buyer's Agent

Jeffrey Weinert

Coastal Properties Sales Mgt Development

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,942

Year Built

  • Built in 1936

Home Design

  • 3,503 Sq Ft Home
  • Frame Construction
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Parking

  • 9 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 9 Bedrooms
  • Non-Toxic Pest Control
  • Corner Lot

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for exterior maintenance, grounds care, insurance, management, pest control, taxes, trash collection, water
  • Assessor Parcel Number 5309-07-22-0100

Community Details

Overview

  • 8 Units
  • Fuquays Daytona Beach Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $5,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,942

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 14079
  • Subdivision Name: Fuquays Daytona Beach
  • Directions: Take ISB Blvd (US 92) to the beach-side, make a left on Hollywood Blvd,Property on corner of Hollywood and 5th Ave.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1936
  • Reso Property Type: ResidentialIncome
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 14079
  • Location Tax and Legal:Parcel Number: 5309-07-22-0100
  • Location Tax and Legal:Tax Annual Amount: 3942.0
  • Location Tax and Legal:Tax Year: 2016
  • Water Source:Public: Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays Water4: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays Pest Control2: Yes
  • General Property Information Number Of Units Total2: 8.0
  • Gross Scheduled Income: 65400.0
  • Special Features: None

Interior Features

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Management, Pest Control, Taxes, Trash Collection, Water
  • Total Bedrooms: 9
  • Living Area: 3503.0

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Block, Concrete, Frame, Other
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Other8: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 9.0
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Current Use: Mixed Use, Multi-Family, Single Family
  • Parcel #: 5309-07-22-0100

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 5450.0

Tax Info

  • Tax Annual Amount: 3942.0
  • Tax Year: 2016

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
02/28/2018 02/28/18 Sold $335,000 0.0% $96 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $335,000 +19.6% $96 / Sq Ft
03/28/2016 03/28/16 Sold $280,000 0.0% $80 / Sq Ft View Prior Sale
01/02/2016 01/02/16 Pending -- -- --
10/17/2015 10/17/15 For Sale $280,000 -- $80 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Weinert

    Seller's Agent in 2018

    Jeff Weinert

    Marlin Realty Group

    (386) 566-9290

    5 in this area

    19 Total Sales

    Jeff Weinert
    Section Image

  • J

    Buyer's Agent in 2018

    Jeffrey Weinert

    Coastal Properties Sales Mgt Development

  • Dino Dodani

    Buyer's Agent in 2016

    Dino Dodani

    EXP Realty LLC

    (386) 868-6825

    6 in this area

    12 Total Sales

    Dino Dodani
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1028482

Daytona Beach Area Association of REALTORS®
Florida Volusia County Daytona Beach 32118

404 5th Ave, Daytona Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Daytona Beach Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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