701-705 S PALMETTO AVENUE at

701-705 S PALMETTO AVENUE

For sale Days on market 103

$239,900

$193/sq ft

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Overview

Bedroom

Year Built

1950

Sqft

1242

Property Type

Duplex

Property Description

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.

Property Details

MLS#

O6348079

Address

701-705 PALMETTO S

City

DAYTONA BEACH

State/county

Zip/Postal Code

32114

Area

Higbees Daytona

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,638

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

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