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1116 Madrid Avenue

Daytona Beach, FL 32114

6 beds
3 baths
2,261 sqft
13,640 sqft lot
$220 per sqft
1954 build
– on site

One or more photo(s) has been virtually staged. Welcome! This is your next great opportunity. Now with a new price, the seller is motivated and willing to work with a reasonable proposal. 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.

Listing courtesy of STELLAR_MLS / NAIM REAL ESTATE LLC

Last checked: Checking… • Last updated Dec 10, 2024 •

MLS# S5109829 —

The Building

Year Built:

1954
New Construction:

false
Construction Materials:

Brick
Levels:

Two
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

2769
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Tile
Fireplace:

true

Room Dimensions

Living Area:

2261
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Follow I-4 E to FL-400 E, Continue on FL-400 E. Take S Nova Rd, Use the left 2 lanes to turn left onto S Nova Rd, Turn left onto South St, Turn right onto Museum Blvd, Museum Blvd turns right and becomes Tarragona Way, Turn left onto Madrid Ave.
Latitude:

29.19079
Longitude:

-81.041973
Coordinates:

-81.041973, 29.19079

The Property

Parcel Number:

523948310140
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.31
Lot Size Area:

13640
Lot Size SqFt:

13640
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R1
Direction Faces:

Southeast
View:

false
Exterior Features:

Garden
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12127C0358H
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

13
Tax Block:

31
Tax Legal Description:

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
Tax Book Number:

MB21-180
Tax Annual Amount:

1117

Beds

Bedrooms Total:

6

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/S5109829
Special Listing Conditions:

None
Home Warranty:

false

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Corridor Access

The Community

Subdivision Name:

DAYTONA HIGHLANDS BLKS 07-61
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Features:

In Ground
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

true
Carport Spaces:

4
Covered Spaces:

4

Monthly cost estimate

Asking price

$498,000

Expense	Monthly cost
Mortgage	$2,666
Taxes	$93
Insurance	$136
Utilities	$184 See report
Total	$3,079/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
12/10/24 Dec 10, 2024	Price Changed	STELLAR_MLS	$498,000	-4.2%
11/20/24 Nov 20, 2024	Price Changed	STELLAR_MLS	$520,000	-3.3%
9/13/24 Sep 13, 2024	Price Changed	STELLAR_MLS	$538,000	-1.8%

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This house located in Neighborhood M, Daytona Beach, FL 32114 is currently for sale for $498,000. 1116 Madrid Avenue is a 2,261 square foot house with 6 beds and 3 baths that has been on Estately for 138 days. 1116 Madrid Avenue is in the Neighborhood M neighborhood of Daytona Beach and has a WalkScore® of 11, making it car-dependent. This house is in the attendance area of Mainland High School, Palm Terrace Elementary School, and Campbell Middle School.

Listing Courtesy of: STELLAR_MLS and NAIM REAL ESTATE LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.