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This well-maintained and recently updated duplex is a strong cash-flowing investment opportunity in the heart of Daytona Beach. Each unit has benefited from extensive upgrades over the past few years, including new cabinets, granite countertops, modern appliances, updated HVAC systems, water heaters, windows, fencing, and more"”minimizing near-term capital expenditures for the next owner. Both units are currently tenant-occupied at $950 and $1,000 per month each, providing immediate rental income of $1,950 per month ($23,400 annually). With its desirable location and significant improvements, this property offers long-term stability while also presenting upside potential for investors to gradually increase rents in line with the Daytona Beach market. Whether you're expanding your portfolio or entering the market for the first time, 701 S Palmetto Ave represents a turnkey opportunity with strong fundamentals and future growth potential.
| DAYS ON MARKET | 68 | LAST UPDATED | 11/25/2025 |
|---|---|---|---|
| TRACT | HIGBEES DAYTONA | YEAR BUILT | 1950 |
| COMMUNITY | 32114 - Daytona Beach | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Turie T. Small Elem |
|---|---|
| Jr. High School | Campbell Middle |
| High School | Mainland High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | 32114 - Daytona Beach |
| CONSTRUCTION | Block |
| EXTERIOR | Lighting, Storage |
| HEAT | Central, Electric |
| INTERIOR | Stone Counters |
| LOT | 4792 sq ft |
| LOT DIMENSIONS | 59x80 |
| PARKING | Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | HIGBEES DAYTONA |
| TAXES | 2638 |
| UTILITIES | Electricity Connected, Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Logan Wilson, RLW REALTY, 352-771-2560
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/5/25 4:53 PM PST.
This IDX solution is (c) Diverse Solutions 2025.