About 701-705 S Palmetto Avenue
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 per month each, providing immediate rental income of $1,900 per month ($22,800 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.
Features of 701-705 S Palmetto Avenue
| MLS® # | O6348079 |
|---|---|
| Price | $239,900 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 1,242 |
| Acres | 0.11 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 701-705 S Palmetto Avenue |
|---|---|
| Area | Daytona Beach |
| Subdivision | HIGBEES DAYTONA |
| City | DAYTONA BEACH |
| County | Volusia |
| State | FL |
| Zip Code | 32114-5319 |
Amenities
| Parking | Driveway |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Solid Surface Counters, Stone Counters, Thermostat |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Central, Electric |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Fenced, Lighting, Storage |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
School Information
| Elementary | Turie T. Small Elem |
|---|---|
| Middle | Campbell Middle |
| High | Mainland High School |
Additional Information
| Date Listed | September 29th, 2025 |
|---|---|
| Days on Market | 10 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RLW REALTY |
|---|