$239,900 for Sale
701 s palmetto avenue #705, daytona beach, FL 32114
| Beds 4 | Baths 2 | 1,242 Sqft | 0.11 Acres |
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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 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.
General Information
Sale Price: $239,900
Price/SqFt: $193
Status: Active
MLS#: O6348079
City: daytona beach
Post Office: daytona beach
Schools: mainland high school
County: Volusia
Subdivision: higbees daytona
Acres: 0.11
Lot Dimensions: 59 x 80
Bedrooms:4
Bathrooms:2
House Size: 1,242 sq.ft.
Acreage: 0.11 est.
Year Built: 1950
Property Type: Duplex
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: Block
Exterior Misc: Fenced, Lighting, Storage
Basement: No
Foundation : Slab
Appliances: Range, Refrigerator
Cooling: Central Air
Heating: Central, Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $2,638
Legal Description: W 59 FT OF LOT 1 N OF CANAL & ALL LAND TO N OF SAME & S OF SOUTH ST BLK 60 HIGBEES DAYTONA MB 12 PG 98 PER OR 5375 PG 0330 PER OR 5634 PG 3019 PER OR 7197 PG 0437 PER OR 7214 PG 4171
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Logan Wilson of RLW REALTY, Phone: 352-771-2560
