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Multi Family - HODGMANS DAYTONA for Sale

618 S PALMETTO, DAYTONA BEACH, FL 32114

Asking Price$350,000

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  • Days on market:

    25 day(s)
  • Original Price:

    $350,000
  • Price per sqft:

    $151.65
  • Tax Legal Description:

    NE 1/4 OF LOT 4 BLK 14 DAYTONA MB 2 PG 82 PER OR 5274 PG 3504 PER OR 7212 PG 1631 PER OR 8256 PG 4295 PER OR 8366 PG 2347
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Parking:

    Guest On StreetOff Street RV Parking
  • Furnished Info:

    Unfurnished
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    StuccoWood Frame
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Central
  • Floor Description:

    Carpet TileCeramic Tile
  • Interior Features:

    Ceiling Fan(s)
  • Exterior Features:

    Balcony
  • Special Listing Conditions:

    None

Description

$350,000 • living size area 2308 sqft

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.

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