Price Reduced 4.80%

$395,000 ($171.14 per sqft)

Pending

Est. Mortgage $2,183/mo *

Quick Pre-Approval

Price History

$414,900
1/16/2024

$395,000
3/14/2024


618 S Palmetto AVENUE, Daytona Beach, FL, 32114

618 S Palmetto AVENUE, Daytona Beach, FL, 32114

6 beds

1910

2,308 sqft

Under contract-accepting backup offers. 8.27% CAP RATE. NOI is $32,680.35. 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. Capitalize 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, Worlds Most Famous Beach and all the shops/restaurants


Status:

Pending

Type:

Multi-family

Laundry Remarks:

Other

Units:

2

Subdivision:

3459 - DOWNTOWN DAYTONA MULTI-FAMILY

Garage:

2-car

Heating:

Central, Electric

Cooling:

Wall/Window Unit(s)

Acreage:

0.19

Est. Taxes:

$5,532

Construction

Stucco, Wood Frame

Utilities

Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

Days on Market:

59

Lease Term Type:

12 Months

Min Lease Term:

1-2 Years

MLS #:

O6170721


Community Info

School Info

Walk Score

Yelp



Listing courtesy of O'BRIEN REAL ESTATE LLC Phone: 386-478-6557