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618 Palmetto Avenue, DAYTONA BEACH, FL 32114
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618 Palmetto Avenue
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Priced at Only: $350,000
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Address: 618 Palmetto Avenue, DAYTONA BEACH, FL 32114
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  • MLS#: O6269399 ( Multi-Family )
  • Street Address: 618 Palmetto Avenue
  • Viewed: 6
  • Price: $350,000
  • Price sqft: $106
  • Waterfront: No
  • Year Built: 1910
  • Bldg sqft: 3308
  • Garage / Parking Spaces: 2
  • Days On Market: 99
  • Additional Information
  • Geolocation: 29.2009 / -81.0166
  • County: VOLUSIA
  • City: DAYTONA BEACH
  • Zipcode: 32114
  • Provided by: O'BRIEN REAL ESTATE LLC
  • Contact: Patrick O'Brien
  • mfrmls
  • DMCA Notice
  • Description
    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.
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This brand new, fully remodeled triplex in Daytona Beach offers an exceptional investment opportunity with a solid 9% cap rate. The property features modern upgrades throughout, including high end fin

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  4. mfrmls
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