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500 Lenox Avenue, Daytona Beach, FL 32118

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For Sale

$569,000

6 beds • 5 baths • 4,081 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $139.43
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Rare coastal multifamily with true expense control and full renovations. A fully occupied 5-unit concrete block building just 0.2 miles from the beach offering the rare advantage of both separate water and separate electric meters, keeping operating costs low and returns strong compared to competing inventory where owners still pay for water. All five units have undergone full interior renovations, not just light updates, and the entire exterior was recently refreshed with a clean white facade and black trim accents for standout curb appeal. The roof was replaced in 2018 and is in excellent condition, supporting a low-maintenance ownership profile. This is a property you'll be confident showing on the rent roll and in person. The layout includes three 2-bedroom / 1-bath units, one 1-bedroom unit, and one studio, offering stable and diversified rental demand in this coastal setting. The building is home to long-standing tenants, and a trusted local management company .. CON'T .. has successfully operated it for years. They can continue for a smooth, turnkey transition or step aside if the buyer prefers to self-manage. Prime location with quick access to the Atlantic Ocean, Intracoastal Waterway, Daytona Beach Pier, Speedway, I-95, and I-4. Low expenses. Full renovations. Strong tenancy. Proven management. Standout beachside asset from day one.
MLS# 1216694

Courtesy Of Keller Williams Realty Florida Partners

(386) 944-2800

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Exterior Type
    Block
  • Fireplace
    Fireplace
  • Floor Covering
    Wood, Carpet, Tile
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 500 Lenox Avenue, Daytona Beach, FL 32118

Home seller CENTURY 21 Sundance Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Sundance Realty

(386) 756-6800
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.