#1204344, Al Wilson, Listing Office: Adams, Cameron & Co., Realtors
618 S Palmetto Ave Daytona Beach, FL 32114
Property details
About 618 S Palmetto Ave
NEW ROOF!! 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 3,100.00 and a CAP Rate of 8.1. Value Add opportunity with capitalizing on untapped income potential with renting the 2 car garage for a minimum of 700.00 total, 350.00 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 and Beach St with all the restaurants/shops. This property has a ton of potential. Live in one side rent all other out or utilize as a multigenerational property.
Highlights
Virtual tour
Summary
- MLS Number: O6269399
- MLS Name: MFRMLS
- Office Name: O'BRIEN REAL ESTATE LLC
- Office Phone: (386) 478-6557
- Listing Agent: Patrick O'Brien
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Last updated on: 3/15/2025, 8:19:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
618 S Palmetto Ave
$4,156
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 19, 2022 | Home Sold | $365,000 |
Feb 01, 2016 | Home Sold | $132,000 |
Mar 10, 2004 | Home Sold | $125,000 |
May 17, 2000 | Home Sold | $63,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $308,583 | $5,532 |
2022 | $264,002 | $3,617 |
2021 | $155,440 | $3,617 |
2020 | $147,058 | $3,005 |
2019 | $130,645 | $2,569 |
2018 | $126,265 | $2,570 |
2017 | $117,809 | $2,498 |
History based on county public records data.
Nearby schools
6
Turie T. Small Elementary School
Public District PK-5
0.7 mi
•800 South St
3
South Daytona Elementary School
Public District PK-5
2.3 mi
•600 Elizabeth Pl
5
R. J. Longstreet Elementary School
Public District PK-5
2.5 mi
•2745 S Peninsula Dr
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 $20,679. The most common annual income of people living in Daytona Beach, FL is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 618 S Palmetto Ave in Daytona Beach, FL and zip code 32114. This 2,308 square foot home, which was built in 1910, sits on a 0.19 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $350,000.
In February 2025, from all listings sold in Daytona Beach, FL there were more than 11 sold above asking price, over 142 sold below and more than 23 were sold right at the asked price. The inventory of homes for sale in Daytona Beach, FL between January and February 2025 increased by 10%. The median list price of listings available in February 2025 was $314,087, while the average time on the real estate market was 118 days.