NEW ROOF!! This Charming Duplex is located in the heart of Daytona’s Historic district on an oversized lot. Fully Occupied with a gross monthly rent of 3,100.00 and a CAP Rate of 8.1. Value Add opportunity with capitalizing on untapped income potential with renting the 2 car garage for a minimum of 700.00 total, 350.00 each side. 1st floor unit is 3 bedrooms 1 full bath featuring hardwood flooring throughout & freshly painted. Updated kitchen and the formal dining room has crown molding. The 3 bedrooms have large closets, the bathroom includes a walk-in tiled shower and claw foot tub. 2nd floor unit features 3 bed / 1 bath with brand new LVP flooring throughout & freshly painted. Both units have their own laundry area. Walking distance to the Halifax Harbor Marina and Beach St with all the restaurants/shops. This property has a ton of potential. Live in one side rent all other out or utilize as a multigenerational property.
Property Details
Price:
$350,000
MLS #:
O6269399
Status:
Active
Beds:
0
Baths:
0
Address:
618 S PALMETTO AVENUE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HODGMANS DAYTONA
Neighborhood:
32114 – Daytona Beach
City:
DAYTONA BEACH
Listed Date:
Jan 22, 2025
State:
FL
Finished Sq Ft:
3,308
Total Sq Ft:
3,308
ZIP:
32114
Lot Size:
8,085 sqft / 0.19 acres (approx)
Year Built:
1910
Units:
2
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Ceramic Tile, Tile
Heating
Central
Laundry Features
Inside
Exterior
Construction Materials
Stucco, Wood Frame
Exterior Features
Balcony
Parking Features
Guest, Off Street, On Street, R V Parking
Roof
Shingle
Financial
Tax Year
2024
Taxes
$5,433
Map
Community
- Address618 S PALMETTO AVENUE DAYTONA BEACH FL
- SubdivisionHODGMANS DAYTONA
- CityDAYTONA BEACH
- CountyVolusia
- Zip Code32114
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618 S PALMETTO AVENUE
DAYTONA BEACH, FL
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