618 South Palmetto Avenue

Daytona Beach, FL 32114

$425,000
Price
6
Beds
2,308 Sq. Ft.
$184 / Sq. Ft.
2,308
Sq. Ft.
$184
per Sq. Ft.
a front view of a house with garden
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a view of an empty room with wooden floor and a window
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a kitchen with appliances a refrigerator and a stove top oven
a kitchen with kitchen island sink stove and cabinets
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a bathroom with a sink and mirror
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Description

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....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
  1. Listed by Patrick O'Brien • O'Brien Real Estate LLC

Property Details for 618 South Palmetto Avenue

Subdivision
Hodgmans
Directions
S from the intersection of Ridgewood Ave and ISB, turn left on Cedar St, Rt on S Palmetto Ave, property on the right.
LISTING UPDATED: 06/06/2024 09:08 AM

Property Details for 618 South Palmetto Avenue

StatusActive
MLS #1118988
Days on Market311
Taxes$5,381 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1910
Lot Size-
CountyVolusia County

Building Information for 618 South Palmetto Avenue

Stories-Residences2Year Built1910Building Size-Lot Size-

Property Information for 618 South Palmetto Avenue

Summary
Location and General Information
  • Absolute Longitude: 81
  • Area: 32 - Daytona Beville to ISB, E of 95
  • Living Area: 2308.0
  • Building Type: Stand Alone
  • Total # Units: 2.0
Owner
  • Owner Pays: Lawn Care, Maintenance Exterior, Real Estate Taxes
Parking
  • Parking: Guest, Off Street, On Street
  • # Parking Spcs: 6.0
Taxes and HOA Information
  • Tax ID: 5339-01-14-0042
  • Taxes: $5,381.45
  • Tax Year: 2023
Property
Lot Information
  • Acreage: 0.19
  • Total Bldg SqFt: 3308.0
  • Cumulative DOM: 143
Property and Assessments
  • Document Count: 0
  • Legal: NE 1/4 OF LOT 4 BLK 14 DAYTONA MB 2 PG 82 PER OR 5274 PG 3504 PER OR 7212 PG 1631 PER OR 8256 PG 4295 PER OR 8366 PG 2347
  • Type: Regular
  • SqFt Source: Property Appraiser
  • Maintenence Fee Paid: N/A
  • List Type: Exclusive Right of Sale
  • Style: Duplex
  • Special Conditions: None
  • Meters: # Electric Meters: 2
  • Meters: # Water Meters: 1
  • Meters: # Gas Meters: 1
Utilities
  • Utilities on Site: Circuit Breaker, Natural Gas
  • Water: City
  • Sewer: Public Sewer
  • Air Conditioning: Mixed, Multiple Units, Wall/Window Units
  • Appliances: Refrigerator
  • Heating: Central, Electric
  • Outside: Balcony/Decking, Curb/Sidewalks, Fenced Yard, Gutters, Public Bus, RV/Boat Parking
Interior and Exterior Features
Exterior Features
  • Construction: Stucco, Wood Frame
  • Roof: Composition Shingle
Interior Features
  • Inside: Breakfast Bar, Ceiling Fans, Eat-in Kitchen, Fireplace, Formal Dining Room, Individual Laundry, Smoke Detector
Multi Family
Income & Expenses Information
  • Financial Info: Gross Monthly Rent: $3,350.00
  • Financial Info: Total Annual Rent: $40,200.00
  • Financial Info: % Vacancy: $.00
Unit 1 Information
  • # Units: A
  • Full Baths: 1
  • Month Rent: $1,875
  • Liv Ar SqFt: 1280
  • Description: 3B
  • Parking Spaces: 2
  • unit_nbr: A
  • bathroom: 1
  • rent: $1,875
  • sqft: 1280
  • parking: 3B
  • furnished: 2
  • std_rent: 1875
  • std_baths: 1.0
Unit 2 Information
  • # Units: B
  • Full Baths: 1
  • Month Rent: $1,475
  • Liv Ar SqFt: 1028
  • Description: 3B
  • Parking Spaces: 2
  • unit_nbr: B
  • bathroom: 1
  • rent: $1,475
  • sqft: 1028
  • parking: 3B
  • furnished: 2
  • std_rent: 1475.0
  • std_baths: 1.0
Rental
Rent Information
  • Tenant Pays: Cable TV, Electric, Gas, Trash Removal, Water

Property History for 618 South Palmetto Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 618 South Palmetto Avenue

Taxable ValueLand$56,672Additions$251,911Total$308,583
Tax Record2023$5,532 ($461 / month)
Home Facts
Baths2Total Finished SqFt2,308 SqFtAbove Grade Finished SqFt2,308 SqFtStories2Lot Size8,085 SqFtStyleDuplexYear Built1910Year Renovated1985CountyVOLUSIAAPN5339-01-14-0042Fireplace TypeHas Fireplace

Schools near 618 South Palmetto Avenue

This home is within Volusia.
Rating
School
Type
Grades
Distance
Turie T. Small Elementary School
Public - PK to 5
Campbell Middle School
Public - 6 to 8
Mainland High School
Public - 9 to 12
The Chiles Academy
Charter - 6 to 12
Rating
School
Distance
Turie T. Small Elementary School
PublicPK to 5

Campbell Middle School
Public6 to 8

Mainland High School
Public9 to 12

The Chiles Academy
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 618 South Palmetto Avenue, Daytona Beach, FL 32114

618 South Palmetto Avenue is a multi-family home for sale in Daytona Beach, FL 32114. This property was listed for sale on February 2, 2024 by O'Brien Real Estate LLC, it's currently listed at $425,000. It has been on the market for a total of 311 days and was last sold on May 18, 2022. This listing's school district is Volusia. Nearby schools include Turie T. Small Elementary School, Campbell Middle School and Mainland High School. 618 South Palmetto Avenue is a 6-bed, 0-bath, 2,308 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of O'Brien Real Estate LLC, Patrick O'Brien

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 06/06/2024 09:08 AM