544 S PALMETTO AVENUE at

544 S PALMETTO AVENUE

For sale Days on market 292

$750,000

$253/sq ft

$545,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1932

Garage

Sqft

2966

Property Type

Single Family Residence

Property Description

Motivated Seller – Bring Offers! Prime Downtown Daytona Opportunity with Owner Financing Available! Located at 544 S Palmetto Ave in the highly desirable RDD-6 Downtown Redevelopment District, this historic 1912 property offers unmatched flexibility for investors, business owners, and end-users looking to capitalize on one of Daytona Beach’s fastest-growing corridors. Positioned on a prominent .26-acre corner lot just one block from the marina and minutes to the beach, Speedway, and Riverfront, this property is perfectly suited for a wide range of uses beyond its current Bed & Breakfast operation. Ideal for boutique office space, retail conversion, mixed-use development, event venue, or continued hospitality—this is a true value-add opportunity in a high-growth redevelopment zone. The home itself blends timeless character with modern upgrades, featuring original hardwood floors, multiple expansive common areas, a coquina sunroom, and a grand parlor with a wood-burning fireplace. Four guest suites with private baths plus a separate owner’s quarters provide immediate income or flexible occupancy options. A detached caretaker’s unit adds even more versatility. Recent improvements include a newer roof, updated AC, electrical upgrades, hurricane-rated Andersen windows, fire suppression system, and security system—offering peace of mind for both investors and operators. Offered fully furnished and currently operating, this property is turnkey if desired—but the real upside lies in its zoning and redevelopment potential. Seller is highly motivated and open to creative terms, including possible owner financing. Opportunities like this in the Downtown Redevelopment Area are rare—don’t miss your chance to secure a prime piece of Daytona Beach with multiple paths to income and appreciation.

Property Details

MLS#

NS1085493

Garage

Total Floor in Bldg

Address

544 PALMETTO S

City

DAYTONA BEACH

State/county

Zip/Postal Code

32114

Area

Hodgmans Daytona

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,650

Maint Fee

$--

Tax Year

2024

Dishwasher

Disposal

Dryer

Microwave

Range

Refrigerator

Tankless Water Heater

Washer

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