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 per month each, providing immediate rental income of $1,900 per month ($22,800 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.
Both units are currently tenant-occupied at $950 per month each, providing immediate rental income of $1,900 per month ($22,800 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.
Property Details
Price:
$239,900
MLS #:
O6348079
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HIGBEES DAYTONA
Neighborhood:
32114daytonabeach
Listed Date:
Sep 29, 2025
Finished Sq Ft:
1,242
Total Sq Ft:
1,701
Lot Size:
4,720 sqft / 0.11 acres (approx)
Year Built:
1950
Units:
2
See this Listing
Schools
Elementary School:
Turie T. Small Elem
Middle School:
Campbell Middle
High School:
Mainland High School
Interior
Appliances
Range, Refrigerator
Cooling
Central Air
Flooring
Ceramic Tile, Other, Tile, Vinyl
Heating
Central, Electric
Laundry Features
Common Area, Laundry Room
Exterior
Construction Materials
Block
Exterior Features
Fenced, Lighting, Storage
Parking Features
Driveway
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,638
Map
Community
- Address701-705 S PALMETTO AVENUE DAYTONA BEACH FL
- SubdivisionHIGBEES DAYTONA
- CityDAYTONA BEACH
- CountyVolusia
- Zip Code32114
Market Summary
Current real estate data for Multi Family in DAYTONA BEACH as of Oct 12, 2025
21
Multi Family Listed
119
Avg DOM
185
Avg $ / SqFt
$535,392
Avg List Price
Property Summary
- Located in the HIGBEES DAYTONA subdivision, 701-705 S PALMETTO AVENUE DAYTONA BEACH FL is a Multi Family for sale in DAYTONA BEACH, FL, 32114. It is listed for $239,900 To schedule a showing of MLS#o6348079 at 701-705 S PALMETTO AVENUE in DAYTONA BEACH, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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Courtesy of RLW REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than Stonecrest International Realty include the name of the listing broker. Neither the listing company nor Stonecrest International Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Orlando/Tampa – FL. All rights reserved. 701-705 S PALMETTO AVENUE
DAYTONA BEACH, FL