Closed

$649,000

506 Butler Blvd, Daytona Beach, FL 32118

6beds

0baths

2,272sqft

Quadruplex, Multi Family

Built in 1935

-- sqft lot

$575,400 Zestimate^®

$286/sqft

$1,244 Estimated rent

Home value

$575,400

$518,000 - $639,000

$1,244/mo

Zestimate^® history

Owner options

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$1,244/mo

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$1,244/mo

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$4,399/mo

Est. payment

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$4,399/mo

Est. payment

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What's special

Phenomenal investment opportunity and location for this multi-family 4-unit cash-flowing property located in the heart of Daytona Beach. Two blocks from the World's Most Famous Beach! Walking distance to Daytona Lagoon, Ocean Walk Shoppes, dining, shopping and more. 0% vacancy with great tenants in place. Newer roofs on two of the buildings. Some of the units have been beautifully renovated. Plenty of space for parking. 3 buildings. Lots of potential for use of the front NW portion of the lot where another structure used to reside and former owners chose not to rebuild. Check with the City of Daytona Beach for options. Currently, tenants pay electric and cable.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 0

Cooling

Multi Units, Wall/Window Unit(s)

Interior area

Total structure area: 2,472
Total interior livable area: 2,272 sqft

Property

Parking

Total spaces: 8
Parking features: Guest, Parking Lot

Lot

Size: 0.31 Acres
Dimensions: 13,900

Details

Parcel number: 530501210200

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Block, Brick, Concrete, Frame, Stucco
Roof: Shingle,Tar/Gravel,Other

Condition

Year built: 1935

Utilities & green energy

Electric: Underground
Water: Public

Community & HOA

Community

Subdivision: East Daytona

HOA

Has HOA: Yes

Location

Region: Daytona Beach

Financial & listing details

Price per square foot: $286/sqft
Tax assessed value: $361,623
Annual tax amount: $4,101
Date on market: 5/29/2023
Tenant pays: Cable TV, Electricity
Electric utility on property: Yes

Price history

Date	Event	Price
8/8/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/18/2024	Listed for rent	$1,250-13.8%$1/sqft
Source: Zillow Rentals Report a problem
1/24/2024	Listing removed	--
Source: Zillow Rentals Report a problem
1/3/2024	Listed for rent	$1,450$1/sqft
Source: Zillow Rentals Report a problem
8/25/2023	Sold	$649,000$286/sqft
Source: DBAMLS #1109837 Report a problem
7/12/2023	Pending sale	$649,000$286/sqft
Source: Stellar MLS #FC291910 Report a problem
7/12/2023	Contingent	$649,000$286/sqft
Source: DBAMLS #1109837 Report a problem
5/29/2023	Listed for sale	$649,000+54.5%$286/sqft
Source: DBAMLS #1109837 Report a problem
4/12/2023	Listing removed	--
Source: Zillow Rentals Report a problem
11/28/2022	Listed for rent	$1,450+1.8%$1/sqft
Source: Zillow Rental Manager Report a problem
7/24/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
6/7/2022	Price change	$1,425-5%$1/sqft
Source: Zillow Rental Manager Report a problem
5/12/2022	Price change	$1,500+7.1%$1/sqft
Source: Zillow Rental Manager Report a problem
4/25/2022	Listed for rent	$1,400$1/sqft
Source: Zillow Rental Manager Report a problem
7/15/2021	Listing removed	--
Source: DBAMLS #1085312 Report a problem
6/19/2021	Listed for sale	$419,975-9.7%$185/sqft
Source: DBAMLS #1085312 Report a problem
1/2/2021	Listing removed	$465,250$205/sqft
Source: JP Capital Solutions #1058816 Report a problem
12/11/2020	Price change	$465,250-6.1%$205/sqft
Source: JP Capital Solutions #1058816 Report a problem
9/5/2020	Price change	$495,250-9.9%$218/sqft
Source: JP Capital Solutions #1058816 Report a problem
8/12/2020	Price change	$549,750-12%$242/sqft
Source: JP Capital Solutions #1058816 Report a problem
7/25/2020	Listed for sale	$625,000$275/sqft
Source: JP Capital Solutions #1058816 Report a problem
7/16/2020	Pending sale	$625,000$275/sqft
Source: JP Capital Solutions #1058816 Report a problem
7/2/2020	Listing removed	$1,400$1/sqft
Source: Owner Report a problem
7/2/2020	Listed for sale	$625,000+331%$275/sqft
Source: JP Capital Solutions #1058816 Report a problem
5/28/2020	Listed for rent	$1,400$1/sqft
Source: Owner Report a problem
5/20/2016	Sold	$145,000+2032.4%$64/sqft
Source: DBAMLS #1015154 Report a problem
6/25/2012	Sold	$6,800-72.8%$3/sqft
Source: Public Record Report a problem
5/19/2011	Sold	$25,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,527 -34.1%	$361,623 -33.8%
2024	$9,903 +156.1%	$546,078 +153.2%
2023	$3,867 +0.3%	$215,690 +2.8%
2022	$3,855	$209,860 +10%
2021	--	$190,782 +4.3%
2020	$3,588	$182,842 -0.1%
2019	$3,588 +6.5%	$182,943 +21.1%
2018	$3,371 +9.6%	$151,109 +7.6%
2017	$3,077 +3.3%	$140,386 +38%
2016	$2,977 +125%	$101,728 +0.7%
2015	$1,323 -3.3%	$101,021 +0.8%
2014	$1,368	$100,219 -5.6%
2013	--	$106,175 +3.2%
2012	--	$102,836 -20.1%
2011	--	$128,706 -38.5%
2010	--	$209,366 -41.1%
2007	--	$355,460 +3.4%
2006	--	$343,680 +125.9%
2004	--	$152,106 +22.8%
2003	--	$123,890 +11.5%
2002	--	$111,085 +3.6%
2001	--	$107,179