DAYTONA BEACH, FL 32114 701 S PALMETTO AVENUE #705
$239,900
2 more
Presented By: RLW REALTY with 352-771-2560. - 352-771-2560
Beds • 4
Baths • 2
SQFT • 1,242
Home Details
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.
Presented By: RLW REALTY with 352-771-2560. - 352-771-2560
Interior Features for 701 S PALMETTO AVENUE #705
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringceramic tile, other, tile, vinyl
Furnished Y/Nunfurnished
Heating Y/NYes
Interior Amenitiessolid surface counters, stone counters, thermostat
Laundry Featurescommon area, laundry room
General for 701 S PALMETTO AVENUE #705
Additional Parcels Y/NNo
Appliancesrange, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citydaytona beach
Construction Materialsblock
Coolingcentral air
Countyvolusia
Directionsstart 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 spee
DockY/NNo
Elementary Schoolturie t. small elem
Flood Zone Codeae
Garage Y/NNo
Gross Income22800
HOANo
Heatingcentral, electric
High Schoolmainland high school
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionw 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
Levelsone
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet4720
Lot Size Unitssquare feet
MLS Area32114 - daytona beach
Middle/Junior High Schoolcampbell middle
Minimum Leaseno minimum
ModificationTimestamp2025-09-30t19:27:50.170z
New ConstructionNo
Number Of Units Total2
Occupancy Typetenant
Ok to Lease12 months
Ownershipfee simple
Patio/Porch Featuresfront porch, screened
Pets Allowedyes
Possessionclose of escrow
Property Conditioncompleted
Property Subtypeduplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namehigbees daytona
Tax Annual Amount2638
Tax Lot1
Tax Year2024
Tenant Payselectricity, sewer, water
Total Actual Rent1900
Unit Number705
Utilitieselectricity connected, public, sewer connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1950
Zoningr2
Exterior for 701 S PALMETTO AVENUE #705
Building Area Total1701
Exterior Amenitiesfenced, lighting, storage
Foundation Detailsslab
Lot Dimensions59 x 80
Lot Size Acres0.11
Lot Size Area4720
Number of Buildings1
Parking Featuresdriveway
Private PoolNo
Road Responsibilitypublic maintained road
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Campbell Middle
High School
Mainland High School
Elementary School
Turie T. Small Elem
Steven Silcock
Broker Owner