701-705 S Palmetto Avenue, Daytona Beach, FL 32114

Local realty services provided by:ERA American Suncoast
701-705 S Palmetto Avenue,Daytona Beach, FL 32114
$239,900
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 1,242 sq. ft.
  • Multi-family
  • Active
Listed by:logan wilson
Office:rlw realty
MLS#:O6348079
Source:MFRMLS

Price summary

  • Price:$239,900
  • Price per sq. ft.:$141.03

About this home

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 per month each, providing immediate rental income of $1,900 per month ($22,800 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.

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Home facts

  • Year built:1950
  • Listing ID #:O6348079
  • Added:10 day(s) ago
  • Updated:October 20, 2025 at 12:12 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Living area:1,242 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:1,242 sq. ft.
  • Lot area:0.11 Acres

Schools

  • High school:Mainland High School
  • Middle school:Campbell Middle
  • Elementary school:Turie T. Small Elem

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$239,900
  • Price per sq. ft.:$141.03
  • Tax amount:$2,638 (2024)
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