Renovated 5-Unit Apartment
For Sale
$627,000
500 Lenox Avenue Daytona, Daytona Beach, FL 32118
Coastal multifamily property with fully occupied units and separately metered water and electric service.
Property SizeContact for details
Days on Market244
Property Features for 500 Lenox Avenue Daytona
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 2BR/1BA, 1 x 1BR, 1 x studio
Multifamily Units
5
Amenities
Fireplace
Individual
Multi Units
Wall/Window Unit(s)
Refrigerator
Electric Range
Electric Oven
Separate Electric Meters, Separate Water Meters, Shingle
Building Details
Year Built
1947
Buildings
1
Construction
concrete block
Listing Agency:
Keller Williams Realty Florida Partners
Listed By:
Mike Bretzel · License #SL3288645
(386) 631-5757
Source:
Kw
Added: Jan 2
Changed: Sep 2
Last Checked: Sep 3 at 5:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Florida Partners
Investment Insights
Based on property information with market context.
This 5-unit concrete block apartment building was constructed in 1947 and is fully occupied. Interior renovations have been completed across all five units, while the exterior has been refreshed with a white façade and black trim. The unit mix includes three 2-bedroom/1-bath apartments, one 1-bedroom unit, and one studio. Individual water and electric meters serve the units, and existing features include refrigerators, electric ranges, electric ovens, fireplaces, and wall/window unit air conditioning.
The property is located 0.2 miles from the beach, with access to the Atlantic Ocean, Intracoastal Waterway, Daytona Beach Pier, Speedway, I-95, and I-4. The shingle roof was replaced in 2018. A local management company has operated the property for years and may continue after a sale or step aside for self-management.
The property is located 0.2 miles from the beach, with access to the Atlantic Ocean, Intracoastal Waterway, Daytona Beach Pier, Speedway, I-95, and I-4. The shingle roof was replaced in 2018. A local management company has operated the property for years and may continue after a sale or step aside for self-management.
Key Highlights
- 5‑unit concrete block apartment building with full occupancy
- Unit mix: three 2‑bedroom/1‑bath units, one 1‑bedroom unit, and one studio
- Separate water meters and separate electric meters
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Coastal multifamily property with fully occupied units and separately metered water and electric service.
Where is this apartment building located?
The property is located at 500 Lenox Avenue Daytona Daytona Beach, FL.
What is the asking price?
The asking price for this property is $627,000.
What are key features of this property?
This property features: 5‑unit concrete block apartment building with full occupancy; Unit mix: three 2‑bedroom/1‑bath units, one 1‑bedroom unit, and one studio; Separate water meters and separate electric meters
