532 Magnolia Avenue
Daytona Beach, FL 32114
5
Bed
4
Bath
2,154Sqft
0.15Acre(Lot)
INCOME-PRODUCING TRIPLEX + ADJOINING VACANT LOT + ADDITIONAL INCOME POTENTIAL! Add 532 Magnolia Ave to your rental portfolio and start collecting income from day one. This fully furnished, three-unit investment property is currently generating $3,425/month or $41,100/year in gross rental income and is being offered at $510,993. Based on current rents and seller-provided annual property taxes of $5,330.48, the asking price represents an approximate 7 percent cap rate before other operating expenses—with additional upside potential. The property offers a desirable unit mix: Unit 1 is approximately 440 SF with 1 bedroom/1 bathroom, living room and kitchen. Unit 2 is approximately 560 SF with 1 bedroom/1 bathroom, living room, kitchen, dining room and balcony. Unit 3, the largest residence
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 5Bathroom Information
Total Baths: 4 Full Baths: 4Water/Sewer
Sewer: Public Sewer -
Flooring Information
Carpet, Tile, Wood, Other -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Refrigerator, Electric Range -
Heating & Cooling
Heating: Central Cooling: Central Air, Split System WaterSource: Public
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Building Information
Year Built: 1935 Stories: 2 Roof: Shingle -
Exterior Features
Balcony -
Road Types
AsphaltCity Street -
Fencing
Full, Wood -
Fencing
Full, Wood
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Lot Information
Lot Dimensions: 75.0 ft x 90.0 ft Lot Description: Corner Lot Lot Size Area: 0.15 Acres Lot Square Feet: 6,534 Stories: 2 Main Square Feet: 2154Property Information
Property Type: Residential Income Sub Type: Triplex SQ ft (Living Area): 2,154 Subdivision: Hodgmans MLS Area Minor: 32 - Daytona Beville to ISB, E of 95 Source Neighborhood: Hodgmans Property Age: 91
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Listing Price Information
Listing Id: 1231493 ist Price: $510,993 List Price Tot SqFt: $237 Listing Terms Cash, Conventional, FHA, VA Loan -
Listing Information
Possession: Close Of Escrow
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Tax Information
Parcel Number: 5339-21-02-0050 Annual Tax: $5,553 Tax Year: 2025 Taxes: 39-15-33 S 90 FT OF LOT 5 BLK 2 EXC PART IN ST FOOTE SUB MB 2 PG 141 MB 22 PG 11 OF HODGMANS DAYTONA MB 2 PG 82 MB 12 PGS 13-15 PER OR 4717 PG 2890 PER OR 6126 PGS 1269-1270 PER OR 6427 PG 3970 PER OR 6518 PG 3906 PER OR 6529 PGS 1942-1943 PER OR 6510 PG
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Parking Information
# of Garage Spaces: 1 Has Garage: Yes Garage
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Utility Information
Electricity Connected, Sewer Connected, Water Connected -
Location Information
Direction: Head East to W International Speedway Blvd Turn right to Marion St, House in the right corner of Magnolia Ave and Marion St
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 322 Bellevue Avenue, Daytona Beach, FL, 32114 | $425,000 | 4 | 4 | 1,752 | -- |
| 600 S Segrave Street, Daytona Beach, FL, 32114 | $434,000 | 4 | 4 | 2,016 | 0.20 Acre |
| 404 S Ridgewood Avenue, Daytona Beach, FL, 32114 | $1,650,000 | 30 | 12 | 7,746 | 1.50 Acres |
| 209 S Ridgewood Avenue, Daytona Beach, FL, 32114 | $1,250,000 | 6 | 8 | 10,600 | 0.50 Acre |
| 244 Lexington Drive, Daytona Beach, FL, 32114 | $654,900 | 6 | 2 | 2,198 | 0.11 Acre |
| 424 Daytona Street, Daytona Beach, FL, 32114 | $799,000 | 5 | 5 | 2,880 | 0.20 Acre |
| 424 Daytona Street, Daytona Beach, FL, 32114 | $799,000 | 5 | 4 | 2,880 | 0.21 Acre |
| 317 Fairview Avenue, Daytona Beach, FL, 32114 | $249,000 | 3 | 2 | 1,646 | 0.10 Acre |
| 341 Fairview Avenue #2, Daytona Beach, FL, 32114 | $299,900 | 6 | 2 | 1,870 | 0.10 Acre |
| 233 Desoto Street, Daytona Beach, FL, 32114 | $290,000 | 4 | 3 | 1,887 | 0.15 Acre |
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ByOwner last updated this listing 10/10/2026 @ 04:32
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