544 S PALMETTO AVENUE

$875,000

$295/sq ft

$420,000
Price Decreased

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Overview

Year Built

1932

Sqft

2966

Property Type

Hotel/Motel

Property Description

Florida Charm Meets Turnkey Opportunity! This 1912 Historic Registry Home is a rare gem located in the residential Historic District of Downtown Daytona Beach—offering incredible flexibility as a private residence or fully operational Bed & Breakfast. Just minutes from the Daytona International Speedway, Daytona Beaches, and one block from the 500-slip marina, the location blends lifestyle and investment potential. Set on a .26-acre corner lot, the home features original hardwood floors, a welcoming front porch, and lush landscaping with mature oaks, palms, and flowering gardens. The interior offers three spacious common rooms, including a formal dining room with built-ins, a bright Coquina sunroom with Spanish tile, and a large parlor with a working wood-burning Coquina fireplace. There are four guest bedrooms, each with a private ensuite bath, and a private owner’s suite adjacent to the kitchen, complete with built-in bookcases and an attached office. The kitchen has been fully upgraded with new cabinetry, granite countertops, and modern appliances. Behind the garage, you’ll find a fully finished caretaker’s quarters, ideal for staff, guests, or extended family. This property has seen significant upgrades, including a new roof, new AC system, updated electrical throughout, Andersen hurricane-rated windows, updated appliances, a full fire sprinkler and suppressant system, and a security camera system. There are also three exterior storage sheds and a partially finished attic offering excellent potential for future expansion or additional storage. Currently operating as a successful Bed & Breakfast, this is a turnkey business opportunity being sold fully furnished—including TVs, linens, kitchenware, dining service for 20, and more. Immaculately maintained and zoned for residential use with commercial application, this property is perfect for those seeking a unique residence or a proven hospitality investment in one of Florida’s most vibrant coastal destinations.

Property Details

MLS#

NS1085531

Total Floor in Bldg

3

Address

544 PALMETTO S

City

DAYTONA BEACH

State/county

FL

Zip/Postal Code

32114

Area

Hodgmans Daytona

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,650

Maint Fee

$--

Tax Year

2024

Dishwasher

Dryer

Microwave

Refrigerator

Washer

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Boris Gelfand