701-705 Palmetto Avenue, DAYTONA BEACH, FL 32114
  • MLS#: O6348079 ( Residential Income )
  • Street Address: 701-705 Palmetto Avenue
  • Viewed: 119
  • Price: $239,900
  • Price sqft: $141
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 1701
  • Bedrooms: 4
  • Total Baths: 2
  • Days On Market: 106
  • Additional Information
  • Geolocation: 29.1997 / -81.0153
  • County: VOLUSIA
  • City: DAYTONA BEACH
  • Zipcode: 32114
  • Elementary School: Turie T. Small Elem
  • Middle School: Campbell
  • High School: Mainland
  • Provided by: RLW REALTY
  • Contact: Logan Wilson
  • 352-771-2560
  • mfrmls
  • DMCA Notice
  • 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 moreminimizing 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 youre 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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Features
Appliances
  1. Range
  2. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Lighting
  3. Storage
Flooring
  1. Ceramic Tile
  2. Other
  3. Tile
  4. Vinyl
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
High School
  1. Mainland High School
Insurance Expense
  1. 0.00
Interior Features
  1. Solid Surface Counters
  2. Stone Counters
  3. Thermostat
Legal Description
  1. 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
Levels
  1. One
Living Area
  1. 1242.00
Middle School
  1. Campbell Middle
Area Major
  1. 32114 - Daytona Beach
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 39-15-33-03-60-0012
Parking Features
  1. Driveway
Pets Allowed
  1. Yes
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Residential Income
Roof
  1. Shingle
School Elementary
  1. Turie T. Small Elem
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
  2. Sewer
  3. Water
Township
  1. 15
Utilities
  1. Electricity Connected
  2. Public
  3. Sewer Connected
Views
  1. 119
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6348079
Water Source
  1. Public
Year Built
  1. 1950
Zoning Code
  1. R2
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  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988