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The Barnett Group, Inc.
701-705 S Palmetto Avenue, Daytona Beach, FL 32114
- $225,000
- 4
- BD
- 2
- BA
- 1,242
- SqFt
- Sold Price
- $225,000
- List Price
- $239,900
- Status
- Sold
- MLS#
- O6348079
- Closing Date
- Feb 27, 2026
- Property Type
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,242
- Lot Size
- 4,720
- Region
- Daytona Beach
- Area
- 1242
- County
- Volusia
- Acres
- 0.11
- Year Built
- 1950
Property Description
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.
Additional Information
- Roof
- Shingle
- Land Type
- No Deed Restriction
- Parking
- Driveway
- Appliances
- Range, Refrigerator
- Zoning
- R2
- Lot Size
- 4,720
- Construction
- Block
- Pets
- Yes
- Year Built
- 1950
- Sewer
- Public Sewer
- Heating
- Central, Electric
- Subdivision
- Higbees Daytona
- Living Area
- 1,242
- Style
- One Story
Listing courtesy of RLW REALTY. 352-771-2560
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