DAYTONA BEACH, FL 32114 618 S Palmetto AVENUE
$425,000
46 more
Presented By: O'BRIEN REAL ESTATE LLC with 386-478-6557. - 386-478-6557
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 6
Baths • 2
SQFT • 2,308
Garage • 2
Home Details
NEW ROOF COMING JULY! 7.34% CAP RATE. NOI is $31,200. This Charming Duplex is located in the heart of Daytona's Historic district on an oversized lot. Fully Occupied with a gross monthly rent of $3,350. Value Add opportunity with capitalizing on untapped income potential with renting the 2 car garage for a minimum of $700 total, $350 each side. 1st floor unit is 3 bedrooms 1 full bath featuring hardwood flooring throughout & freshly painted. Updated kitchen and the formal dining room has crown molding. The 3 bedrooms have large closets, the bathroom includes a walk-in tiled shower and claw foot tub. 2nd floor unit features 3 bed / 1 bath with brand new LVP flooring throughout & freshly painted. Both units have their own laundry area. Walking distance to the Halifax Harbor Marina
Presented By: O'BRIEN REAL ESTATE LLC with 386-478-6557. - 386-478-6557
Interior Features for 618 S Palmetto AVENUE
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NYes
FlooringVinyl, Hardwood
Heating Y/NYes
Laundry FeaturesOther
General for 618 S Palmetto AVENUE
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquare Feet
Buyer Agent Compensation3%
Carport Y/NNo
CityDAYTONA BEACH
Construction MaterialsStucco, Wood Frame
CoolingWall/Window Unit(s)
CountyVolusia
Days on Market82
DirectionsS from the intersection of Ridgewood Ave and ISB, turn left on Cedar St, Rt on S Palmetto Ave, property on the right.
Exterior FeaturesBalcony, Sidewalk
Flood Zone Codex
Garage Spaces2
Garage Y/NYes
Gross Income40200
HOA / Comm AssnNo
HeatingCentral, Electric
Interior FeaturesCeiling Fan(s), Eating Space In Kitchen
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionNE 1/4 OF LOT 4 BLK 14 DAYTONA MB 2 PG 82 PER OR 5274 PG 350
4 PER OR 7212 PG 1631 PER OR 8256 PG 4295 PER OR 8366 PG 234
7
Living Area UnitsSquare Feet
Lot Size Square Feet8085
Lot Size UnitsSquare Feet
MLS Area32114 - Daytona Beach
Minimum Lease1-2 Years
ModificationTimestamp2024-06-29T17:37:19.383Z
New ConstructionNo
NumberOfUnitsTotal2
Ok to Lease12 Months
Percent OwnershipFee Simple
Property SubTypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision Name3459 - DOWNTOWN DAYTONA MULTI-FAMILY
Tax Annual Amount5381.45
Tax Lot0042
Tax Year2023
Tenant PaysElectricity, Gas, Sewer, Trash Collection, Water
Total Actual Rent3350
UtilitiesElectricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
View Y/NNo
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1910
ZoningMFR
Exterior for 618 S Palmetto AVENUE
Building Area Total3308
Covered Spaces2
Foundation DetailsPillar/Post/Pier
Lot Size Acres0.19
Lot Size Area8085
Number of Buildings1
Road Surface TypePaved
Water SourcePublic
Additional Details
Price History
