701-705 S Palmetto Avenue, Daytona Beach, FL 32114
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
701-705 S Palmetto Avenue,Daytona Beach, FL 32114
$225,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: logan wilson
Office: rlw realty
MLS#:O6348079
Source:MFRMLS
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Price summary
- Price:$225,000
About this home
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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Home facts
- Year built:1950
- Listing ID #:O6348079
- Added:150 day(s) ago
- Updated:March 09, 2026 at 06:46 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Ceramic Tile, Tile, Vinyl
- Kitchen Description:Range, Refrigerator, Solid Surface Counters, Stone Counters
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1950
- Construction Materials:Block
- Exterior Features:Fence, Front Porch, Lighting, Screened
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Mainland High School
- Middle school:Campbell Middle
- Elementary school:Turie T. Small Elem
Utilities
- Water:Public
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$225,000
- Tax amount:$2,638 (2024)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:In Common Area, Laundry Room
- Amenities:Solid Surface Counters, Stone Counters, Thermostat
- Pool features:Public Pool
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