NOT LISTED FOR SALE

516 Phoenix Ave Daytona Beach, FL 32118

4 Beds
-- Bath
2,738 Sq Ft
6,098 Sq Ft Lot

Last Sold April 25, 2019

Last sale price $360,000 $131 Per Sq Ft

31 Days on Market

About This Home

As of April 2019

This 6 unit complex is a half block to beach. Two tenants on lease, four on month to month. Property is in good condition, needs some updating but over-all the condition is good.

Last Agent to Sell the Property

Alan Parrillo

Weichert Realtors Hallmark Properties License #0385871 Listed on: 02/05/2019

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,784

Year Built

  • Built in 1935

Lot Details

  • 6,098

Home Design

  • 2,738 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Parking

  • 6 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Available

Additional Features

  • Electric Range
  • 4 Bedrooms
  • Non-Toxic Pest Control

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for exterior maintenance, gas, grounds care, insurance, pest control, taxes, trash collection, water
  • Assessor Parcel Number 5309-16-00-0180

Community Details

Overview

  • 6 Units
  • Carew Subdivision
  • On-Site Maintenance

Building Details

  • Gross Income $3,300
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,784

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Carew
  • Directions: South of ISB on Atlantic
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1935
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Location Tax and Legal:Parcel Number: 5309-16-00-0180
  • Location Tax and Legal:Tax Annual Amount: 2784.0
  • Location Tax and Legal:Tax Year: 2017
  • Water Source:Public: Yes
  • Cooling WallWindow Unit(s): 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: 6.0
  • Gross Scheduled Income: 39600.0
  • Owner Pays Gas2: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Exterior Maintenance, Gas, Grounds Care, Insurance, Pest Control, Taxes, Trash Collection, Water
  • Total Bedrooms: 4
  • Living Area: 2738.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Construction Type: Block, Concrete, Frame
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot
  • Total Parking Spaces: 6.0
  • Parking Features:Parking Lot: Yes
  • Parking Features:Off Street: Yes

Utilities

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

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 5309-16-00-0180

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 3300.0
  • Property Net Operating Income: 31000.0

Tax Info

  • Tax Annual Amount: 2784.0
  • Tax Year: 2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
04/25/2019 04/25/19 Sold $360,000 0.0% $131 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $360,000 +260.0% $131 / Sq Ft
03/08/2013 03/08/13 Sold $100,000 0.0% $37 / Sq Ft View Prior Sale
02/21/2013 02/21/13 Pending -- -- --
09/08/2012 09/08/12 For Sale $100,000 -- $37 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,459 $387,133 $180,000 $207,133
2025 $6,459 $387,133 $180,000 $207,133
2024 $5,321 $356,710 $138,900 $217,810
2023 $5,321 $322,464 $114,000 $208,464
2022 $4,720 $259,734 $68,400 $191,334
2021 $4,615 $238,674 $58,482 $180,192
2020 $5,843 $301,878 $61,560 $240,318
2019 $3,123 $210,080 $58,482 $151,598
2018 $2,810 $170,555 $40,630 $129,925
2017 $2,784 $174,195 $42,120 $132,075
2016 $2,718 $167,122 $0 $0
2015 $2,614 $154,741 $0 $0
2014 $1,989 $84,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alan Parrillo

    Weichert Realtors Hallmark Properties

  • K

    Buyer's Agent in 2019

    Karen Nelson

    Nonmember office

    (386) 677-7131

    701 in this area

    9,012 Total Sales

    Karen Nelson
    Section Image

  • n

    Buyer's Agent in 2019

    non member

    Hayward Brown, Inc.

  • C

    Seller's Agent in 2013

    Claude Gardner

    Prudential Commercial Real Estate FL

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1053471

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

516 Phoenix Ave, Daytona Beach, FL

Not Listed for Sale

MultiFamily

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