About 701-705 S Palmetto Avenue
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.
Features of 701-705 S Palmetto Avenue
| MLS® # | O6348079 |
|---|---|
| Price | $239,900 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,242 |
| Acres | 0.11 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | RLW REALTY |
|---|
Listing Map
Neighborhood Information for 701-705 S Palmetto Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Mount Calvary Academy Private - Preschool to 6Th Grade - Closest Elementry School |
1 Miles | |
|
Turie T. Small Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Pure In Heart Christian Academy And Performing Arts Center Private - to |
1 Miles | |
|
|
Campbell Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Word And Praise Christian Learning Center Private - Preschool to 8Th Grade |
1 Miles | |
|
|
Basilica School Of St Paul Catholic - Preschool to 8Th Grade |
1 Miles | |
|
|
Warner Christian Academy Private - Preschool to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools