618 S Palmetto Avenue, Daytona Beach, FL
$395,000
($171/sqft)
List Status:
618 S Palmetto Avenue
Daytona Beach, FL 32114
Daytona Beach, FL 32114
6 beds
2308 living sqft
2308 living sqft
Top Features
- Subdivision: Hodgmans
- Built in 1910
- Style: Duplex
Description
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!
Property Details
Property Information | |
| # Parking | 6 |
|---|---|
| # Units | 2 |
| Acreage | 0.19 |
| Air Conditioning | Mixed, Multiple Units, Wall/Window Units |
| Appliances | Refrigerator |
| Area | 32 - Daytona Beville to ISB, E of 95 |
| Building Type | Stand Alone |
| Construction | Stucco, Wood Frame |
| County | Volusia |
| Directions | S from the intersection of Ridgewood Ave and ISB, turn left on Cedar St, Rt on S Palmetto Ave, property on the right. |
| Heating | Central, Electric |
| Inside | Breakfast Bar, Ceiling Fans, Eat-in Kitchen, Fireplace, Formal Dining Room, Individual Laundry, Smoke Detector |
| Meters: # Electric Meters | 2 |
| Meters: # Gas Meters | 1 |
| Meters: # Water Meters | 1 |
| Outside | Balcony/Decking, Curb/Sidewalks, Fenced Yard, Gutters, Public Bus, RV/Boat Parking |
| Parking | Guest, Off Street, On Street |
| Roof | Composition Shingle |
| Sewer | Public Sewer |
| Sqft - Bldg | 3308.00 |
| Sqft - Total | 2308.00 |
| Sqft Source | Property Appraiser |
| State/province | FL |
| Style | Duplex |
| Subdivision | Hodgmans |
| Utilities On Site | Circuit Breaker, Natural Gas |
| Water | City |
| Year Built | 1910 |
| Zip Code | 32114 |
Room Information | |
| Phase 1 Envrmnt Complete | Yes |
Financial / Legal Info | |
| Document Timestamp | 2024-02-02T08:47:38 |
| Financial Info: Gross Monthly Rent | 3350.00 |
| Financial Info: Total Annual Rent | 40200.00 |
| Financing | OWC - FHA/VA |
| Franchise Opt In | Yes |
| List Price | 395000.00 |
| List Price/sqft | 171.14 |
| Maint Fee Paid | N/A |
| Owner Pays | Lawn Care, Maintenance Exterior, Real Estate Taxes |
| Special Conditions | None |
| Tax Id | 5339-01-14-0042 |
| Tenant Pays | Cable TV, Electric, Gas, Trash Removal, Water |
Property Photos
MLS #1118988 Listing courtesy of O'Brien Real Estate LLC provided by Daytona Beach Area Association of REALTORS.
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The source of the listing data is as follows:
Daytona Beach Area Association of REALTORS (updated 5/3/24 10:49 AM) |