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701-705 S PALMETTO AVENUE

Multi-family For Sale
$239,900

BTC: 2.77822814

ETH: 81.98906357

88 days
4 bds
1,242 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This well-maintained and recently updated duplex is a strong cash-flowing investment opportunity in the heart of Daytona Beach. Each unit has benefited from extensive upgrades over the past few years, including new cabinets, granite countertops, modern appliances, updated HVAC systems, water heaters, windows, fencing, and more—minimizing near-term capital expenditures for the next owner. Both units are currently tenant-occupied at $950 and $1,000 per month each, providing immediate rental income of $1,950 per month ($23,400 annually). With its desirable location and significant improvements, this property offers long-term stability while also presenting upside potential for investors to gradually increase rents in line with the Daytona Beach market. Whether you’re expanding your portfolio or entering the market for the first time, 701 S Palmetto Ave represents a turnkey opportunity with strong fundamentals and future growth potential.

Location

Florida • DAYTONA BEACH • 32114 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
Driveway
Year Built:
1950
Lot:
0.11 Acres
Heating:
Central / Electric
Price/sqft:
$193
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Ceramic Tile

    • Other

    • Tile

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Solid Surface Counters

    • Stone Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Fenced / Lighting / Storage

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 39153303600012

    • Zoning: R2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $2,638

  • Source details

    • MLS ID: O6348079

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Common Area / Laundry Room

    • Patio And Porch Features: Front Porch / Screened

    • Living Area: 1242

    • Water Source: Public

    • Lot Size Dimensions: 59 x 80

    • Subdivision Name: HIGBEES DAYTONA

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RLW REALTY