701-705 S Palmetto Avenue, Daytona Beach, FL 32114
- $225,000
- 4
- BD
- 2
- BA
- 1,242
- SqFt
- Sold Price
- $225,000
- List Price
- $239,900
- Status
- Sold
- Days on Market
- 107
- Closing Date
- Feb 27, 2026
- MLS#
- O6348079
- Property Style
- Duplex
- Year Built
- 1950
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,242
- Lot Size
- 4,720
- Acres
- 0.11
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Higbees Daytona
- MLS Area Major
- Daytona Beach
Property Description
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.
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Additional Information
- Taxes
- $2638
- Minimum Lease
- No Minimum
- Annual Gross Income
- 22800
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R2
- Interior Layout
- Solid Surface Counters, Stone Counters, Thermostat
- Interior Features
- Solid Surface Counters, Stone Counters, Thermostat
- Floor
- Ceramic Tile, Other, Tile, Vinyl
- Appliances
- Range, Refrigerator
- Utilities
- Electricity Connected, Public, Sewer Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Fence, Lighting, Storage
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Driveway
- Elementary School
- Turie T. Small Elem
- Middle School
- Campbell Middle
- High School
- Mainland High School
- Pets
- Allowed
- Flood Zone Code
- AE
- Parcel ID
- 39-15-33-03-60-0012
- Legal Description
- W 59 FT OF LOT 1 N OF CANAL & ALL LAND TO N OF SAME & S OF SOUTH ST BLK 60 HIGBEES DAYTONA MB 12 PG 98 PER OR 5375 PG 0330 PER OR 5634 PG 3019 PER OR 7197 PG 0437 PER OR 7214 PG 4171
Listing courtesy of RLW REALTY. 352-771-2560
Selling Office: COLDWELL BANKER RESIDENTIAL RE.Mortgage Calculator
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