$395,000

618 S Palmetto Avenue, Daytona Beach, FL 32114

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$395,000

(30,000) 07/08/2024

618 S Palmetto Avenue Daytona Beach, FL 32114

For Sale MLS# O6170721

6 beds 2 baths 2,308 sq ft Multi-family

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Data current as of 27/07/2024 05:45:13

Details for 618 S Palmetto Avenue

MLS# O6170721

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


NEW ROOF COMING JULY! 7.34% CAP RATE. NOI is $31,200. 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 $3,350. Value Add opportunity with capitalizing on untapped income potential with renting the 2 car garage for a minimum of $700 total, $350 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

Listing Information


Property Type: Residential, Duplex

Status: Active

Bedrooms: 6

Bathrooms: 2

Lot Size: 0.19 Acres

Square Feet: 2,308 sq ft

Year Built: 1910

Garage: Yes

Construction: Stucco,Wood Frame

Subdivision: 3459 - Downtown Daytona Multi-Family

Foundation: Pillar/Post/Pier

Number Of Units Total: 2

County: Volusia

Additonal Room Information

Laundry: Other

Interior Features


Flooring: Vinyl,Wood

Additional Interior Features: Ceiling Fan(s), Eat-In Kitchen

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Electricity Connected,Natural Gas Connected,Municipal Utilities,Sewer Connected,Water Connected

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

Heating: Central, Electric

Exterior / Lot Features


Garage Spaces: 2

Roof: Shingle

Additional Exterior/Lot Features: Balcony, Balcony

Community Features


Community Features: Sidewalks

Unit Information


Unit 1 Units Total: 1

Unit 1 Actual Rent: 1475

Unit 1 Baths Total: 1

Unit 1 Beds Total: 3

Unit 2 Units Total: 1

Unit 2 Actual Rent: 1875

Unit 2 Baths Total: 1

Unit 2 Beds Total: 3

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


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

Gross Income: 40200

Tax/Property ID: 533901140042

Tax Amount: 5381.45

Tax Year: 2023

Price Changes


$414,900 Original Price
$395,000 Current Price
-$19,900 Total Change
Date Price Change
07/08/2024 09.49 AM $395,000 -$30,000
06/06/2024 09.23 AM $425,000 +$30,000
03/14/2024 09.41 AM $395,000 -$19,900
02/28/2024 10.15 PM $414,900
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Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

Schools nearby 618 S Palmetto Avenue

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Data powered by ATTOM Data Solutions. Copyright© 2024. 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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