Daytona Beach, FL 32114,550 Magnolia AVE
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Daytona Beach, FL 32114,550 Magnolia AVE
Daytona Beach, FL 32114,550 Magnolia AVE
Daytona Beach, FL 32114,550 Magnolia AVE
Daytona Beach, FL 32114,550 Magnolia AVE

$300,000

Est. payment /mo

$320,000

6.3%
Est.Price: ?

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550 Magnolia AVE Daytona Beach, FL 32114

6 Beds

2,900 SqFt

SOLD DATE : 07/01/2021

Key Details

Sold Price $300,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $103

Subdivision Not In Subdivision

MLS Listing ID 1081040

Sold Date 07/01/21

Bedrooms 6

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1903

Annual Tax Amount $1,635

Property Description

Looking for a CASH FLOW opportunity? Incredible long term rental investment and/or set up for an extended family. Sale includes the vacant lot (Parcel ID #533923010060) next to 550/552 Magnolia to make for a huge oversized lot that covers half an acre! Legal Rental License currently in place! Over $5,500 in Monthly Income! 550 Magnolia Ave. - the front structure on site features roof updates done in 2019. The 1st Floor of 550 Magnolia consists of tile flooring, 3 bedrooms, 2 bathrooms, 2 kitchenettes, and 2 living rooms; the 2nd Floor features luxury vinyl flooring, 3 bedrooms, 2 full bathrooms, 1 half bath, 2 kitchenettes, and 2 living rooms! 552 Magnolia - the second structure on site features tile flooring, 2 bedrooms, a full bathroom, a full kitchen, and living room! ... Continued ... Centrally located just a few minutes from the Atlantic Ocean, One Daytona, the Daytona Speedway, Daytona State College, Embry-Riddle Aeronautical University, Tanger Shopping Outlet, restaurants, and entertainment! This exceptional cash flowing opportunity will not last long!

Location

State FL

County Volusia

Community Not In Subdivision

Direction Go West on ISB from US-1; Turn Left on Marion St.; Turn Right on Magnolia Ave.

Interior

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature Balcony

Parking Features Guest, Off Street, RV Access/Parking

Roof Type Shingle

Building

Water Public

Structure Type Stucco

Others

Senior Community No

Tax ID 5339-01-23-0060

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Listed by Keller Williams Realty Florida Partners

Joy Pratt-Martin

Agent | License ID: 3415251

+1(386) 631-1299

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