1116 Madrid AVENUE, Daytona Beach, FL 32114

$538,000 Asking Price

6 beds
3 baths
2,261  sqft
Built in 1954

One or more photo(s) has been virtually staged. Welcome! This is your next great opportunity. Motivated seller, receiving offers. Ideal for large families or if you are looking for an investment property. This property is designed with two "mother-in-law apartment" annexes to better accommodate your family or help with additional income, offering you a unique opportunity in an unbeatable location, with its own swimming pool. The main house has 4 bedrooms, One of them can be used as an office or bonus room, and 1 bathroom, New appliances, new wood vertical blinds, New A/C. Providing a large and comfortable space for a family or group of tenants. In addition, each apartment has 1 bedroom, 1 bathroom and a kitchenette. Each apartment has its own Mini Split Air Conditioner system. Located just 10 minutes from three mayors universities in Daytona Beach (Daytona State College, Bethune-Cookman University, Embry-Riddle Aeronautical University). The property is located 7 minutes drive from the most famous beach in the world. If you are a motorsports enthusiast, the iconic Daytona International Speedway is 5 minutes away, offering world-class events throughout the year. The convenience does not end there: you will be close to a wide variety of restaurants and shopping centers, providing everything you need just steps from your door.


Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator
Laundry:
Corridor Access
Flooring:
Tile
A/C:
true, Central Air, Mini-Split Unit(s)
Heating:
true, Electric
Fireplace:
Fireplace

Exterior

General:
Garden
Pool:
In Ground

Construction

Roofing:
Shingle
General:
Brick, Concrete, Two, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Volusia

Lot

Zoning:
R1, E 14 FT OF LOT 13 & LOT 14 & W 24 FT OF LOT 15 BLK 31 DAYTONA HIGHLANDS INC PER OR 4232 PG 3982 PER OR 5461 PG 4883 PER OR 5696 PG 4609 PER OR 8322 PG 0378, 523948310140

Utilities

Utilities:
Cable Available, Electricity Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
NAIM REAL ESTATE LLC, Carlos Suarez

About Daytona Beach, FL

Housing

Number of Units
63,488
Median Home Value
$167,983
Median Rent
$883

49.09% of housing units are renter occupied.

19.34% are vacant.

Commute

Car
73.91%
Public Transportation
2.78%
Walk to Work
2.79%
Work from Home
18.00%
Other
0.81%

The median travel time to work is 18 minutes.

People

Population
112,996
Median Age
42.90
Median Household Size
2.35

Education

High School
32.16%
Associate’s Degree
11.33%
Bachelor’s Degree
14.89%
Graduate Degree
7.70%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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