500 Lenox Avenue, Daytona Beach, FL 32118
Local realty services provided by:CENTURY 21 North East
500 Lenox Avenue,Daytona Beach, FL 32118
$559,900
- 6 Beds
- 5 Baths
- 4,081 sq. ft.
- Multi-family
- Pending
Listed by: mike bretzel
Office: keller williams realty florida partners
MLS#:1221249
Source:FL_DBAAR
Price summary
- Price:$559,900
- Price per sq. ft.:$131.77
About this home
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 façade 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.
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Home facts
- Year built:1947
- Listing ID #:1221249
- Added:186 day(s) ago
- Updated:February 15, 2026 at 08:16 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:5
- Living area:4,081 sq. ft.
Heating and cooling
- Cooling:Multi Units, Wall/Window Unit(s)
Structure and exterior
- Year built:1947
- Building area:4,081 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$559,900
- Price per sq. ft.:$131.77
- Tax amount:$8,566 (2025)
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