618 S PALMETTO AVENUE DAYTONA BEACH FL 32114 MLS #O6170721

618 S PALMETTO AVENUE
DAYTONA BEACH, FL, 32114
$395,000
6 Beds
2 Baths
3,308 SqFt
0.19 Acres
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NEW ROOF! 7.9% 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

Property Details

Price:
$395,000
MLS #:
O6170721
Status:
Active
Beds:
6
Baths:
2
Address:
618 S PALMETTO AVENUE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
3459 – DOWNTOWN DAYTONA MULTI-FAMILY
Neighborhood:
32114 – Daytona Beach
City:
DAYTONA BEACH
Listed Date:
Jan 16, 2024
State:
FL
Finished Sq Ft:
3,308
Total Sq Ft:
3,308
ZIP:
32114
Lot Size:
8,085 sqft / 0.19 acres (approx)
Year Built:
1910
Units:
2
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Schools

Interior

Cooling
Wall/ Window Unit(s)
Flooring
Vinyl, Hardwood
Heating
Central, Electric
Laundry Features
Other

Exterior

Construction Materials
Stucco, Wood Frame
Exterior Features
Balcony, Sidewalk
Roof
Shingle

Financial

Tax Year
2023
Taxes
$5,381

Map

Community

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