532 Magnolia Avenue, Daytona Beach, FL 32114 (MLS# 1231493)

532 Magnolia Avenue, Daytona Beach, FL 32114

New Listing

$510,993

Property Type: Residential Income Bedrooms: 5 Baths: 4 Square Footage: 2,584 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $510,993 List Date: 10/05/2026 Last Modified: 10/05/2026

Overview

Description

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 at approximately 1,154 SF, features 3 bedrooms/2 bathrooms, living room, kitchen, dining room and porch.

Supplements: The investment opportunity extends beyond the three existing rental units. The sale includes the adjoining vacant lot at 146 Marion St., PID 5339-21-02-0051, creating approximately 75' x 150' of combined property and providing substantial additional space for parking, storage and potential future opportunities. Buyer to verify zoning, permitted use ... (Read more)

Listing Details MLS# 1231493

General Property Information

Number Of Buildings: Yes
Number Of Units Total: 3
Bedrooms Total: 5
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2154
Year Built: 1935
Lot Size Acres: 0.15
Lot Size Dimensions: 75.0 ft x 90.0 ft
Association YN: No
CDD Fee YN: No
Stories Total: 2
Stories: 2
Senior Community YN: No
Directions: Head East to W International Speedway Blvd Turn right to Marion St, House in the right corner of Magnolia Ave and Marion St
Public Remarks: 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 at approximately 1,154 SF, features 3 bedrooms/2 bathrooms, living room, kitchen, dining room and porch.
List Price/SqFt: 237.23

Property Features

Appliances: Electric Range; Refrigerator Cooling: Central Air; Split System Current Use: Residential Exterior Features: Balcony Fencing: Full; Wood Financial Data Source: Owner Flooring: Carpet; Luxury Vinyl; Tile; Wood; Other Heating: Central Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Lock Box Type: Combo; See Remarks Lot Features: Corner Lot Owner Pays: Sewer; Trash Collection; Water Parking Features: Garage Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Tenant Pays: Cable TV; Electricity Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-10-02
Property Sub Type: Triplex
Seller Concessions Offered Y/N: No

Location Tax and Legal

Street Number: 532
Street Name: Magnolia
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32114
Subdivision Name: Hodgmans
MLS Area Major: 32 - Daytona Beville to ISB, E of 95

Status Change Information

Major Change Timestamp: 2026-10-05T18:42:18Z
Major Change Type: New Listing

Unit 1 Details

Unit ID: Unit 3
Actual Rent: 1275
Unit SqFt: 1156
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: Sqft is an estimated

More Information

Unit 2 Details

Unit ID: Unit 2
Actual Rent: 1200
Unit SqFt: 560
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Sqft is an estimated

Unit 3 Details

Unit ID: Unit 1
Actual Rent: 950
Unit SqFt: 440
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Sqft is an estimated

Location, Tax, and Legal

Country: US
Parcel Number: 5339-21-02-0050
Tax Annual Amount: 5552.58
Tax Year: 2025
Tax Legal Description: 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

Currently Not Used

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 0
Bathrooms Total: 4
Living Area Source: Public Records
Building Area Total: 2584
Year Built: 1935
New Construction YN: No
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Pool Private YN: No

Lock Box Type

Combo: Yes
See Remarks: Yes

Appliances

Electric Range: Yes
Refrigerator: Yes

Cooling

Central Air: Yes
Split System: Yes

Current Use

Residential: Yes

Exterior Features

Balcony: Yes

Fencing

Full: Yes
Wood: Yes

Financial Data Source

Owner: Yes

Flooring

Carpet: Yes
Luxury Vinyl: Yes
Tile: Yes
Wood: Yes
Other: Yes

Heating

Central: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Corner Lot: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Parking Features

Garage: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Listing Office: Oceans Luxury Realty Full Service LLC

Last Updated: October - 05 - 2026

Information deemed reliable but not guaranteed.

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