618 S PALMETTO AVE, DAYTONA BEACH, FL 32114

$350,000

Pending · 76 days on market · MLS# MFRO6269399

Bedrooms0
Living area2,308 sq ft
Lot size0.19 acres
Year built1910
Property typeDuplex
Garage spaces2
Private poolYes
WaterfrontYes
Annual taxes$5,433
CountyVolusia

About this home

NEW ROOF!! 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 3,100.00 and a CAP Rate of 8.1. Value Add opportunity with capitalizing on untapped income potential with renting the 2 car garage for a minimum of 700.00 total, 350.00 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 and Beach St with all the restaurants/shops. This property has a ton of potential. Live in one side rent all other out or utilize as a multigenerational property.

Listing courtesy of Patrick O'Brien, O'BRIEN REAL ESTATE LLC. Presented by MC Homes Realty Inc · 727432218.

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