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$750,000 -$49,000 (-6.13%) Price Reduced
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Property Description
Motivated Seller - Bring Offers! Prime Downtown Daytona Opportunity with Owner Financing Available! Located at 544 S Palmetto Ave in the highly desirable RDD-6 Downtown Redevelopment District, this historic 1912 property offers unmatched flexibility for investors, business owners, and end-users looking to capitalize on one of Daytona Beach's fastest-growing corridors. Positioned on a prominent .26-acre corner lot just one block from the marina and minutes to the beach, Speedway, and Riverfront, this property is perfectly suited for a wide range of uses beyond its current Bed & Breakfast operation. Ideal for boutique office space, retail conversion, mixed-use development, event venue, or continued hospitality-this is a true value-add opportunity in a high-growth redevelopment zone. The home itself blends timeless character with modern upgrades, featuring original hardwood floors, multiple expansive common areas, a coquina sunroom, and a grand parlor with a wood-burning fireplace. Four guest suites with private baths plus a separate owner's quarters provide immediate income or flexible occupancy options. A detached caretaker's unit adds even more versatility. Recent improvements include a newer roof, updated AC, electrical upgrades, hurricane-rated Andersen windows, fire suppression system, and security system-offering peace of mind for both investors and operators. Offered fully furnished and currently operating, this property is turnkey if desired-but the real upside lies in its zoning and redevelopment potential. Seller is highly motivated and open to creative terms, including possible owner financing. Opportunities like this in the Downtown Redevelopment Area are rare-don't miss your chance to secure a prime piece of Daytona Beach with multiple paths to income and appreciation.
Full Property Details
Full Property Details for 544 S Palmetto Ave
General
- Price: $750,000
- Taxes: $8,650 (2024)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: NS1085531
- Updated: 5/5/2026
- Added to Site: 289 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Other, Tile
Additional Information
- Security/Safety: Closed Circuit Camera(s), Fire Sprinkler System
Location
- Area: 32114 - Daytona Beach
- County: Volusia
- Development Name: 32114 - Daytona Beach
- Subdivision: HODGMANS DAYTONA
- Driving Directions: US1 North into Daytona from New Smyrna Beach and then go East on Cedar to N onto S Palmetto.
- Direction Faces: East
Community
- Community Name: 32114 - Daytona Beach
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 2
- Exterior Const.: Concrete, Stone, Stucco
- Roof: Tile
- Stories/Levels: Three Or More
- Square Feet: 2,966
- Sq. Ft. Source: Public Records
- Year Built: 1932
Additional Structures
- Other Structures: Garage(s), Other, Storage
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,600
- Lot Size: 11600
- Frontage: City Street
- Street/Road Desc.: Concrete
Financial Considerations
- Tax Amount: $8,650
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: E 80 FT OF LOT 1 & E 80 FT OF S 30 FT OF LOT 2 BLK 13 DAYTONA PER OR 4402 PG 3470 PER OR 5868 PG 4552
- Flood Zone Info: tbd
- APN: 533901130013
- Property ID: 533901130013
Listed by The Keyes Company
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Schools
Schools serving 544 S Palmetto Ave
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Turie T. Small Elementary School 800 South Street, Daytona Beach, FL 32114 | PK-5 | 0.7 mi |
Campbell Middle School 625 South Keech Street, Daytona Beach, FL 32114 | 6-8 | 0.9 mi |
Mainland High School 1255 West International Speedway Boulevard, Daytona Beach, FL 32114 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 544 S Palmetto Ave
Date
Details
Price
Change
Source
5/05/2026
Price Reduced
$750,000
-6.13%
MLS
4/28/2026
Price Reduced
$799,000
-8.69%
MLS
1/10/2026
Price Reduced
$875,000
-12.41%
MLS
8/11/2025
Price Reduced
$999,000
-22.86%
MLS
7/21/2025
Listed
$1,295,000
107.2%
MLS
10/22/2020
Sold
$625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 544 S Palmetto Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,584
-9%
$544,120
—
2025
$9,385
19%
$543,527
7%
2024
$7,908
9%
$507,204
5%
2023
$7,248
24%
$484,121
60%
2021
$5,864
-12%
$303,238
-31%
2022
$6,684
14%
$441,025
58%
2021
$5,864
9%
$278,987
2%
2019
$5,363
4%
$272,674
8%
2018
$5,146
48%
$252,734
45%
2017
$3,469
3%
$173,812
6%
2016
$3,356
9%
$164,458
25%
2015
$3,072
2%
$131,449
3%
2014
$3,004
-12%
$127,361
-11%
2013
$3,429
—
$143,026
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 544 S Palmetto Ave
544 S Palmetto Avenue, Daytona Beach, FL 32114 (MLS# NS1085531) is a Commercial property. 544 S Palmetto Avenue is currently listed for $750,000 and was received on July 21, 2025. Want to learn more about 544 S Palmetto Avenue? Do you have questions about finding other Commercial real estate for sale in Daytona Beach? You can browse all Daytona Beach real estate or contact a Coldwell Banker agent to request more information.

