618 Palmetto Avenue, Daytona Beach, FL 32114
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  • MLS#: 1207569 ( Residential Income )
  • Street Address: 618 Palmetto Avenue
  • Viewed: 3
  • Price: $350,000
  • Price sqft: $106
  • Waterfront: No
  • Year Built: 1910
  • Bldg sqft: 3308
  • Bedrooms: 6
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: Daytona Beach
  • Zipcode: 32114
  • Subdivision: 3511 South Peninsula Drive Por
  • Provided by: O'Brien Real Estate LLC
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • Description
    NEW ROOF!! This Charming Duplex is located in the heart of Daytona's Historic district on an oversized lot. When Fully Occupied with a gross monthly rent of 3,350.00 and Proforma CAP Rate of 8.9. 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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Features
Building and Construction
  • Exterior Features: Balcony
  • Fencing: Wood
  • Flooring: Laminate, Tile, Wood
  • Roof: Shingle
Land Information
  • Lot Features: Other
Garage and Parking
  • Parking Features: Shared Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Propane, Electricity Connected, Separate Electric Meters, Water Connected
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: All Utilities
Other Features
  • Appliances: Washer, Refrigerator, Gas Oven, Dryer
  • 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
  • Levels: Two
  • Parcel Number: 5339-01-14-0042
Owner Information
  • Owner Pays: Insurance, Taxes