701-705 S PALMETTO AVENUE, DAYTONA BEACH, FL 32114
Share Listing
Listing Type
Multi Family
Listing Status
Pending
7
$239,900
Home Details for 701-705 S PALMETTO AVENUE
Price
$239,900
Type
Residential Income
Bedrooms
4
Bathrooms
2.0
Square feet
1242
Year built
1950
Lot size acres
0.11
County
Volusia
Garage
Days on site
0
MLS Listing#
O6348079
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.