NOT LISTED FOR SALE

505 S Palmetto Ave Daytona Beach, FL 32114

Central Daytona Neighborhood
5 Beds
-- Bath
3,732 Sq Ft
0.25 Acres

Last Sold September 29, 2023

Last sale price $541,000 $145 Per Sq Ft

21 Days on Market

About This Home

As of September 2023

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.

Last Agent to Sell the Property

Jenn Bickel

EXP Realty LLC License #3372875 Listed on: 05/31/2023

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,694

Year Built

  • Built in 1949

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Parking

  • Parking Lot

Home Design

  • 3,732 Sq Ft Home
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window

Community Details

  • 5 Units
  • Gross Income $4,350

Listing and Financial Details

  • Tenant pays for trash collection, water
  • The owner pays for electricity
  • Assessor Parcel Number 5339-01-02-0061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,694

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 11,000
  • Subdivision Name: Not IN Subdivision
  • Directions: US1 North to Right on Loomis to Palmetto. On the Right
  • Carport Y N: No
  • Year Built: 1949
  • Reso Property Type: ResidentialIncome
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Dimensions: 11,000
  • Location Tax and Legal:Parcel Number: 5339-01-02-0061
  • Location Tax and Legal:Tax Annual Amount: 4694.0
  • Location Tax and Legal:Tax Year: 2022
  • Water Source:Public: Yes
  • Cooling:Multi Units: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays Electricity: Yes
  • General Property Information Number Of Units Total2: 5.0
  • Gross Scheduled Income: 66000.0
  • Special Features: None

Interior Features

  • Owner Pays: Electricity
  • Total Bedrooms: 5
  • Living Area: 3732.0

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Frame
  • Roof: Shingle
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Multi Units, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 5339-01-02-0061
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 4350.0

Tax Info

  • Tax Annual Amount: 4694.0
  • Tax Year: 2022

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/29/2023 09/29/23 Sold $541,000 0.0% $145 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $541,000 -- $145 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jenn Bickel

    EXP Realty LLC

  • K

    Buyer's Agent in 2023

    Karen Nelson

    Nonmember office

    (386) 677-7131

    276 in this area

    9,169 Total Sales

    Karen Nelson
    Section Image

  • n

    Buyer's Agent in 2023

    non member

    Hayward Brown, Inc.

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1107771

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

505 S Palmetto 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.

Nearby Homes