618 Palmetto AVE new

Daytona Beach,FL 32114

$ 350000

6 Beds

2 Baths

2308 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,308 sqft

Price per Sqft $151

Subdivision 3511 South Peninsula Drive Port Orange, Fl 32127

MLS Listing ID 1207569

Bedrooms 6

Full Baths 2

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1910

Annual Tax Amount $5,433

Lot Size 8,084 Sqft

Lot Dimensions 0.19

Property Description

NEW ROOF!! This Charming Duplex is located in the heart of Daytona's Historic district on an oversized lot. When Fully Occupied with a gross monthly rent of 3,350.00 and Proforma CAP Rate of 8.9. 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.

Location

State FL

County Volusia

Community 3511 South Peninsula Drive Port Orange, Fl 32127

Direction S from the intersection of Ridgewood Ave and ISB, turn left on Cedar St, Rt on S Palmetto Ave, property on the right.

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplaces Type Wood Burning

Fireplace Yes

Exterior

Exterior Feature Balcony

Parking Features Shared Driveway

Garage Spaces 2.0

Utilities Available Propane,Electricity Connected,Separate Electric Meters,Water Connected

Roof Type Shingle

Total Parking Spaces 2

Garage Yes

Building

Lot Description Other

Water Public

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 5339-01-14-0042

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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