#O6282898, Ahmad Hassan, PA, Listing Office: COMPASS FLORIDA LLC
127 W Palmetto Ave Deland, FL 32720
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
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Summary
- MLS Number: O6269152
- MLS Name: MFRMLS
- Office Name: DMIC INVESTMENTS LLC
- Listing Agent: Kissandra Macanthony
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Last updated on: 3/14/2025, 5:20:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$365,000
127 W Palmetto Ave
$4,334
closing credit¹
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0.5% sale price²
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
4
George W. Marks Elementary School
Public District KG-5
0.7 mi
•1000 N Garfield Ave
5
Citrus Grove Elementary School
Public District KG-5
2.0 mi
•729 Hazen Rd
3
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. Typical income of Deland, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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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 $365,000.
Deland, FL housing market in February 2025 saw over 10 listings sold above listed price, more than 26 sold at listed price and over 61 sold below. The number of homes for sale in Deland, FL increased by 8.5% between January and February 2025. In February 2025, listings were on the market for 81 days. During the same period, the median list price in this real estate market was $354,865.