$350,000

618 S Palmetto Avenue, Daytona Beach, FL 32114

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$350,000

618 S Palmetto Avenue Daytona Beach, FL 32114

For Sale MLS# O6269399

2,308 sq ft Multi-family

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Data current as of 18/03/2025 10:45:27

Details for 618 S Palmetto Avenue

MLS# O6269399

Description for 618 S Palmetto Avenue, Daytona Beach, FL, 32114


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.

Listing Information


Property Type: Residential, Duplex

Status: Active

Lot Size: 0.19 Acres

Square Feet: 2,308 sq ft

Year Built: 1910

Garage: Yes

Stories: 2 Story

Construction: Stucco,Wood Frame

Subdivision: Hodgmans Daytona

Foundation: Crawlspace

Number Of Units Total: 2

County: Volusia

Additonal Room Information

Laundry: Inside

Interior Features


Flooring: Carpet,Ceramic Tile,Tile

Basement: Crawl Space

Fireplaces: Wood Burning

Additional Interior Features: Ceiling Fan(s)

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Electricity Connected,Sewer Connected,Water Connected

Cooling: Ceiling Fan(s), Wall/Window Unit(s)

Heating: Central

Exterior / Lot Features


Garage Spaces: 2

Parking Description: on street, RV Access/Parking, Guest, Off Street

Roof: Shingle

Lot Dimensions: 55x147

Additional Exterior/Lot Features: Balcony, Balcony

Driving Directions


S from the intersection of Ridgewood Ave and ISB, turn left on Cedar St, Rt on S Palmetto Ave, property on the right

Financial Considerations


Terms: Cash,Conventional

Tenant Pays: Electricity,Gas,Parking Fee,Sewer,Trash Collection,Water

Gross Income: 40200

Tax/Property ID: 5339-01-14-0042

Tax Amount: 5433.29

Tax Year: 2024

Price Changes


$350,000 Original Price
$350,000 Current Price
$0 Total Change
Date Price Change
01/22/2025 11.19 AM $350,000
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 618 S Palmetto Avenue

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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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