Duplex with Brand-New
408 Henry Butts Drive Daytona Beach, FL 32114
408 Henry Butts Drive, Daytona Beach, FL, 32114
$275,000
Pending
For Sale
$275,000
Pending
MULTI_FAMILY - Daytona Beach, FL
Property Size1,274 SF
Lot Size0.22 Acres
Days on Market51
Property Features for 408 Henry Butts Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3
- Parking features
- Off Street, Parking Lot, On Street, Assigned
- Security features
- Security Lighting
- Fencing
- Chain Link
- Appliances
- Tankless Water Heater, Refrigerator, Microwave, Electric Water Heater, Electric Range
- Standard status
- Pending
- APN
- 5339-80-04-0080
- Size
- 1,274 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 39-15-33 LOT 8 BLK 4 SCHANTZ SUB MB 2 PG 138 MB 12 PG 76 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PG 13-15 PER OR 5269 PG 1233-1234 PER OR 5515 PG 1370 PER OR 6007 PGS 2368-2369 PER OR 6062 PG 3204
- Tax Annual Amount
- 1103
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Hot Water(Heating)
- Cooling system
- Window Unit(s), Electric, Wall/Window Unit(s), Separate Meters
- Water source
- Public
Building Details
- Year built
- 1927
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile
- Building materials
- Frame, Stucco
- Roof type
- Shingle
Listing Agency
One Key Realty
(305) 525-8947
1380 NE 185 St. Suite 251, Miami, FL
Listed by
Michael Aversano · License #3133415
(305) 525-8947
Added: Jun 1 Updated: Jul 10 at 8:59 am Checked: Jul 21 at 3:06 am
MLS# 1227169
Listing URL
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex has been updated with a brand-new roof and a transferable warranty. Interior upgrades include brand-new LVP flooring throughout both units, fresh paint in light beige or bright white, and new window blinds. The owner has also replaced the appliances in both units with appliances that include transferable warranties. The yard has been cleared and is now more usable for children and everyday outdoor enjoyment.
The property is located at 408 Henry Butts Drive in Daytona Beach, in Volusia County. The duplex sits directly across from an aquatic center, which the owner notes supports convenient guest parking and adds a layer of safety for building activity.
From an occupancy standpoint, the back unit is currently leased at $1,750 per month, while the front unit is being marketed for rent at $1,544 per month. The owner indicates they are working to place the front unit with a government-guaranteed tenant. This is an income-producing residential duplex offering recent, documented updates that may reduce near-term maintenance concerns for a buyer or an operator seeking a turn-key starting point.
The property is located at 408 Henry Butts Drive in Daytona Beach, in Volusia County. The duplex sits directly across from an aquatic center, which the owner notes supports convenient guest parking and adds a layer of safety for building activity.
From an occupancy standpoint, the back unit is currently leased at $1,750 per month, while the front unit is being marketed for rent at $1,544 per month. The owner indicates they are working to place the front unit with a government-guaranteed tenant. This is an income-producing residential duplex offering recent, documented updates that may reduce near-term maintenance concerns for a buyer or an operator seeking a turn-key starting point.
Key Highlights
- Duplex built in 1927 with frame and stucco construction and a shingle roof
- Updated with a brand‑new roof with transferable warranty
- Newer flooring: brand‑new LVP installed throughout both units, plus fresh interior paint
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.7k | $13.92 |
| − Vacancy | −$1.8k | −$1.39 |
| EGI | $16.0k | $12.53 |
| − OpEx | −$4.8k | −$3.76 |
| NOI | $11.2k | $8.77 |
1,274 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$159.7K
$139.7K – $186.3K
NOI $11,176 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$138.7K
$121.4K – $161.8K
NOI $9,708 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$375.6K
$328.7K – $438.3K
NOI $26,295 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex updated with new roof, LVP flooring, and appliances, plus a cleared, usable yard.
Where is this duplex located?
The property is located at 408 Henry Butts Drive Daytona Beach, FL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Duplex built in 1927 with frame and stucco construction and a shingle roof; Updated with a brand‑new roof with transferable warranty; Newer flooring: brand‑new LVP installed throughout both units, plus fresh interior paint
