701-705 S PALMETTO AVENUE Daytona Beach, FL $ 239,900
701-705 S PALMETTO AVENUE
$ 239,900
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701-705 S PALMETTO AVENUE

Daytona Beach, FL, 32114
$ 239,900
Bedrooms4 Baths2.0 Sq 1,242

Monthly Estimate*

$ 1,497

701-705 S PALMETTO AVENUE, Daytona Beach, FL 32114 - Image 1
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701-705 S PALMETTO AVENUE, Daytona Beach, FL 32114 - Image 7
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Multi-Family Home for sale in Daytona Beach, FL

for $239,900 with 4 bedrooms and 2 full baths. This 1,242 square foot home was built in 1950 on a lot size of 0.11.

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.

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Multi-Family Active

Price

$ 239,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,638

Style

Duplex

Lot Size

0.11

Year Built

1950

Town/City

Daytona Beach

County/Region

Volusia

MLS | Web ID

O6348079

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Electricity Connected Public Sewer Connected
Possession Close Of Escrow
Roof Shingle
Appliances Range Refrigerator
Zoning R2
Patio/Porch Features Front Porch Screened
Construction Materials Block
Pets Allowed Yes
Year Built 1950
Tenant Pays Electricity Sewer Water
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Gross Income 22800
County Volusia
New Construction false
Property Type Residential Income
Subdivision Name HIGBEES DAYTONA
Garage Y/N false
Status Active
Directions Start in Downtown DeLand. Head east on US-92 E / International Speedway Blvd toward Daytona Beach (approximately 23 miles). As you approach Daytona Beach continue straight on International Speedway Blvd. Turn right onto S Palmetto Ave. Continue a short distance and 701 S Palmetto Ave will be on your right.
High School Mainland High School
City DAYTONA BEACH
Senior Community Y/N false
Number Of Units Total 2
MLS Area 32114 - Daytona Beach
Lot Size Units Square Feet
Lot Size Square Feet 4720
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Elementary School Turie T. Small Elem
Land Lease Y/N false
Tax Annual Amount 2638
Middle/Junior High School Campbell Middle
Property Condition Completed
Ok to Lease 12 Months
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6348079
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 1
Total Actual Rent 1900
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
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Solid Surface Counters Stone Counters Thermostat
Flooring Ceramic Tile Other Tile Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Laundry Room
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Fenced Lighting Storage
Parking Features Driveway
Water Source Public
Lot Size Area 4720
Foundation Details Slab
Number of Buildings 1
Building Area Total 1701
Lot Dimensions 59 x 80
Lot Size Acres 0.11
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Rlw Realty

Broker

logan@RLWrealty.com

Email

Affordability Calculator

$1,716
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,497
Monthly Property Taxes
$220
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Mainland High School High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$239,900 Listed Price

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701-705 S PALMETTO AVENUE, Daytona Beach, FL, 32114 is a Multi-Family Home for sale at $239,900 with 1,242 sqft and a lot size of 0.11. 701-705 S PALMETTO AVENUE has 4 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 32114 which is in Daytona Beach, FL