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$225,000

  • Sold
  • Closed
  • Duplex
  • 4 Beds
  • 2 Total Baths
  • 1,242 Sq. Ft.
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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 and $1,000 per month each, providing immediate rental income of $1,950 per month ($23,400 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.

Full Property Details for 701 S Palmetto Ave

General

  • Sold For: $225,000
  • Taxes: $2,638 (2024)
  • Status: Closed
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6348079
  • Added to Site: 168 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months
  • Min. Lease: No Minimum

Interior

  • Interior Features: Solid Surface Counters, Stone Counters, Thermostat
  • Appliances: Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Other, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area, Laundry Room

Exterior

  • Exterior Features: Fenced, Lighting, Storage
  • Deck/Patio: Front Porch, Screened
  • Porch/Patio/Deck: Front Porch, Screened

Parking

  • Parking Features: Driveway

Location

  • Area: 32114 - Daytona Beach
  • County: Volusia
  • Development Name: 32114 - Daytona Beach
  • Subdivision: HIGBEES DAYTONA
  • Driving Directions: Start 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 Speedway Blvd. Turn right onto S Palmetto Ave. Continue a short distance, and 701 S Palmetto Ave will be on your right.

School Information

  • Elementary School: Turie T. Small Elem
  • Middle School: Campbell Middle
  • High School: Mainland High School

Community

  • Community Name: 32114 - Daytona Beach

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Public, Sewer Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,242
  • Sq. Ft. Source: Public Records
  • Living Area: 1,242 Sq. Ft.
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,720
  • Lot Size: 4720
  • Lot Dimensions: 59 x 80
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $2,638
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: W 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
  • Flood Zone Info: AE
  • APN: 39153303600012
  • Property ID: 39153303600012
  • Block/Lot/Section: 60

Meet the selling agent

Meet the selling agent
— 701 S Palmetto Ave —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 S Palmetto Ave

School District:Volusia County School District
NameGradesDistance
Turie T. Small Elementary School
800 South Street, Daytona Beach, FL 32114
PK-50.7 mi
Campbell Middle School
625 South Keech Street, Daytona Beach, FL 32114
6-81 mi
Mainland High School
1255 West International Speedway Boulevard, Daytona Beach, FL 32114
9-122.2 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 701 S Palmetto Ave

Date
Details
Price
Change
Source
2/27/2026
Sold
$225,000
-6.21%
MLS
9/29/2025
Listed
$239,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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701-705 S Palmetto Avenue, Daytona Beach, FL 32114 (MLS# O6348079) is a Duplex property that was sold at $225,000 on February 27, 2026. This property was sold by Heidrich Group from our Winter Park Office.Want to learn more about 701-705 S Palmetto Avenue? Do you have questions about finding other Duplex 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.