$3,561 Closing Credit¹
#V4940514, Jessica Thomas, Listing Office: EXP REALTY LLC
$4,513
closing credit¹
127 W Palmetto Ave Deland, FL 32720
$380,000 List price
$4,513
Closing credit¹
4 beds
2 full, 1 partial
1,118 sqft
0.3 acres
$340 / sqft
House
Property details
About 127 W Palmetto Ave
This turn-key investment property offers two separate living quarters: a 3/1.5 and a 1/1. The main home offers three bedrooms and 1.5 baths, a new water heater in 2023, a newer roof in 2022, and an updated electrical panel plus a Large Bonus Room. Perfect for home office, playroom, etc... Tenants using for storage purposes. Hardwood floors throughout. Mother-in-law's house was renovated in 2021 and had a new electrical, plumbing, and water heater. just recently, in December 2024, it was updated with a brand-new shaker kitchen, all new stainless steel kitchen appliances, a new washer & dryer installed, fresh paint, and a new AC window unit—an excellent space for guests, rental income, or extended family. It is nestled on a Large lot with BOTH homes having a NEW metal roof in both units have their electric meters… It would also work great for a primary user to live in one of the units and rent out the other. 1/1 has a new lease starting Feb 15th, 2025 and 3/1.5 lease ends March 22nd 2025, tenants would love to renew. Between both leases income is $3,275 monthly Prime Location Nestled in the Hillcrest neighborhood, this home is just minutes from DeLand’s historic downtown, offering unique boutiques, charming cafés, and vibrant cultural events. It’s also only 1.6 miles from Stetson University, making it an ideal location With ample outdoor space, and a carport for convenient parking this home is a fantastic opportunity to own a piece of DeLand’s charm. Please do not disturb tenants
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size1,118 sqft
Lot size0.28 Acres
Year built1962
MLS #O6269152
Virtual tour
Summary
- MLS Number: O6269152
- MLS Name: MFRMLS
- Office Name: DMIC INVESTMENTS LLC
- Listing Agent: Kissandra Macanthony
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$380,000
127 W Palmetto Ave
$4,513
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 02, 2020 | Home Sold | $165,000 |
| Mar 22, 2007 | Home Sold | $175,000 |
| Feb 24, 2005 | Home Sold | $115,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $259,511 | $5,334 |
| 2022 | $241,720 | $4,130 |
| 2021 | $158,960 | $4,130 |
| 2020 | $138,588 | $3,710 |
| 2019 | $101,340 | $2,951 |
| 2018 | $92,127 | $2,852 |
| 2017 | $97,245 | $2,541 |
History based on county public records data.
Nearby schools
6
George W. Marks Elementary School
Public District KG-5
0.7 mi
•1000 N Garfield Ave
6
Citrus Grove Elementary School
Public District KG-5
2.0 mi
•729 Hazen Rd
2
Blue Lake Elementary School
Public District PK-5
2.3 mi
•282 N Blue Lake Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,083. The most common annual income of people living in Deland, FL is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
35%
<35k
43%
35k-100k
17%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
39%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Extreme Sports
Figure Skating
Where do the neighbors shop?
Stein Mart
Academy Sports & Outdoors
Dick's Sporting Goods
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Arbys
What do the neighbors drive?
Lincoln
Chevrolet
Buick
What do the neighbors listen to?
News/Talk/Information
Country
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 127 W Palmetto Ave
This home is located at 127 W Palmetto Ave in Deland, FL and zip code 32720 in the Hillcrest neighborhood. This 1,118 square foot home, which was built in 1962, sits on a 0.28 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $380,000.
In January 2025 more than 2 listings in Deland, FL were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 48 were sold below. In January 2025 in Deland, FL there were 5.8% more homes for sale than in December. In January 2025 median list price was $354,281 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.