NOT LISTED FOR SALE

509 Walker St Daytona Beach, FL 32117

14 Beds
1 Bath
4,730 Sq Ft
1956 Built

Last Sold May 11, 2018

Last sale price $420,000 $89 Per Sq Ft

131 Days on Market

About This Home

As of May 2018

Fantastic 9 unit MONEY MAKER at corner of Walker & Graham. 7 buildings total consisting of 5 small cottages and 2 duplexes, with plenty of parking. Always fully rented. NEW ROOFS on all buildings in 2015. Units being fixed up as tenants vacate, many of which are longer term. Individual WATER & Electric Meters affords higher income. Over $ 60,000 GRI, professionally managed. All tenants on leases with security deposits. Excellent location close to major roads, and within walking distance to many businesses for jobs. Concrete block structures, estim 9% CAP RATE! Can't beat this.

Last Agent to Sell the Property

Tina Turner

Flagstaff Realty Corp Listed on: 12/15/2017

Last Buyer's Agent

Jon Perog

PMC Real Estate License #3275909

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,175

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 105 x 104
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • 4,730 Sq Ft Home
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Utilities

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

Additional Features

  • Electric Range
  • 14 Bedrooms

Listing and Financial Details

  • Tenant pays for electricity, water
  • The owner pays for exterior maintenance, grounds care, insurance, management, taxes, trash collection
  • Assessor Parcel Number 4242-28-04-0300

Community Details

Overview

  • 9 Units
  • Powers Allotment Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $5,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,175

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 105 x 104
  • Subdivision Name: Powers Allotment
  • Directions: From US 1 & Walker, head West to property on the Left
  • Carport Y N: No
  • Year Built: 1956
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • General Property Information Lot Size Dimensions: 105 x 104
  • Location Tax and Legal:Parcel Number: 4242-28-04-0300
  • Location Tax and Legal:Tax Annual Amount: 6175.0
  • Location Tax and Legal:Tax Year: 2017
  • Water Source:Public: Yes
  • Cooling:Multi Units: Yes
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Grounds Care: Yes
  • General Property Information Number Of Units Total2: 9.0
  • Gross Scheduled Income: 61200.0
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Management, Taxes, Trash Collection
  • Total Bedrooms: 14
  • Living Area: 4730.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Other
  • Roof: Other
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

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

Lot Info

  • Current Use: Single Family
  • Parcel #: 4242-28-04-0300

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 5100.0

Tax Info

  • Tax Annual Amount: 6175.0
  • Tax Year: 2017

Range of Values:

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List Price
Sold Price
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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
05/11/2018 05/11/18 Sold $420,000 0.0% $89 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $420,000 +27.3% $89 / Sq Ft
07/24/2015 07/24/15 Sold $330,000 0.0% $70 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $330,000 -- $70 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tina Turner

    Flagstaff Realty Corp

  • Jon Perog

    Buyer's Agent in 2018

    Jon Perog

    PMC Real Estate

    (386) 957-4593

    85 Total Sales

    Jon Perog
    Section Image

  • A

    Seller's Agent in 2015

    Arthur Kowitz

    Arthur Kowitz Realty

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1037054

Daytona Beach Area Association of REALTORS®

APN: 4242-28-04-0300

Florida Volusia County Daytona Beach 32117

509 Walker St, Daytona Beach, FL

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