572 Magnolia Avenue, Daytona Beach, FL 32114
$789,000
Property Type:
Residential Income
Bedrooms:
9
Baths:
5
Square Footage:
3,216
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$789,000
List Date:
12/19/2025
Last Modified:
2/04/2026
Description
Unique multi-structure income property in a prime Daytona Beach location! This versatile offering includes a two-story duplex, a separate single-family home, and a detached studio unit, all situated on one parcel with strong income potential. The duplex consists of two units, each currently rented at $1,500 per month. The detached studio generates $1,000 per month, while the single-family home rents for $2,200 per month. The property offers ample parking, a fully fenced lot, and a shared outdoor area with a covered pergola. Located on a corner lot just minutes from downtown Daytona Beach, colleges, hospitals, shopping, dining, and the beach. Excellent opportunity for investors seeking multiple income streams in a high-demand area.
More Information MLS# 1221006
Location, Tax, and Legal
Country: US
Parcel Number: 5339-23-01-0021
Tax Annual Amount: 4716.72
Tax Year: 2025
Middle School: Campbell
High School: Mainland
Tax Legal Description: W 89.2 FT OF S 131 FT OF LOT 2 BLK 1 DESPLAND UNREC SUB BLK 23 DAYTONA INC PER OR 4534 PG 2616 PER OR 7411 PG 0574 PER OR 7690 PG 1173 PER OR 8090 PG 4816
Currently Not Used
Bedrooms Total: 9
Bathrooms Full: 5
Bathrooms Half: 0
Bathrooms Total: 5
Building Area Total: 3216
Year Built: 1946
New Construction YN: No
Garage YN: No
Carport YN: No
General Property Information
Number Of Buildings: 3
Lot Size Acres: 0.26
Lot Size Dimensions: 89.0 ft x 131.0 ft
Living Area: 2928
Number Of Units Total: 4
CDD Fee YN: No
Directions: ISB W to MLK. Left on MLK to Magnolia/MLK. House in front on Magnolia and apartments in back face MLK.
Public Remarks: Unique multi-structure income property in a prime Daytona Beach location! This versatile offering includes a two-story duplex, a separate single-family home, and a detached studio unit, all situated on one parcel with strong income potential. The duplex consists of two units, each currently rented at $1,500 per month. The detached studio generates $1,000 per month, while the single-family home rents for $2,200 per month. The property offers ample parking, a fully fenced lot, and a shared outdoor area with a covered pergola. Located on a corner lot just minutes from downtown Daytona Beach, colleges, hospitals, shopping, dining, and the beach. Excellent opportunity for investors seeking multiple income streams in a high-demand area.
List Price/SqFt: 269.47
Bedrooms Total: 9
Bathrooms Total: 5
Bathrooms Full: 5
Year Built: 1946
Appliances
Electric Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
Concrete: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Residential: 1
Flooring
Carpet: 1
Wood: 1
Heating
Other: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Other: 1
Parking Features
Other: 1
Possession
Close Of Escrow: 1
Roof
Shingle: 1
Unit 1 Details
Unit ID: 1
Actual Rent: 2200
Unit SqFt: 1416
Beds Total: 4
Full Baths Total: 2
Furnished: Furnished
Unit Remarks: Single Family
Unit 2 Details
Unit ID: 2-A
Actual Rent: 1500
Unit SqFt: 1120
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Duplex
Unit 3 Details
Unit ID: 2-B
Actual Rent: 1500
Unit SqFt: 1120
Beds Total: 2
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Duplex
Unit 4 Details
Unit ID: 3
Actual Rent: 1000
Unit SqFt: 392
Beds Total: 1
Full Baths Total: 1
Furnished: Furnished
Unit Remarks: Studio
Utilities
Electricity Connected: 1
Water Connected: 1
Contract Information
Current Price: $789,000
List Price: $789,000
Status: Active
Listing Contract Date: 2025-12-16
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 572
Street Name: Magnolia
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32114
Subdivision Name: Despland
MLS Area Major: 32 - Daytona Beville to ISB, E of 95
Status Change Information
Major Change Timestamp: 2026-02-03T20:07:52Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-03T20:07:52Z
Property Features
Appliances: Electric Range; Microwave; Refrigerator
Construction Materials: Concrete
Cooling: Central Air
Current Use: Multi-Family; Residential
Flooring: Carpet; Wood
Heating: Other
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Other
Parking Features: Other
Possession: Close Of Escrow
Roof: Shingle
Utilities: Electricity Connected; Water Connected
Listing Office:
Keller Williams Realty Florida Partners
Last Updated: February - 04 - 2026
Information deemed reliable but not guaranteed.