This well-maintained and recently updated duplex is a strong cash-flowing investment opportunity in the heart of Daytona Beach. Each unit has benefited from extensive upgrades over the past few years, including new cabinets, granite countertops, modern appliances, updated HVAC systems, water heaters, windows, fencing, and more—minimizing near-term capital expenditures for the next owner. Both units are currently tenant-occupied at $950 and $1,000 per month each, providing immediate rental income of $1,950 per month ($23,400 annually). With its desirable location and significant improvements, this property offers long-term stability while also presenting upside potential for investors to gradually increase rents in line with the Daytona Beach market. Whether you’re expanding your portfolio or entering the market for the first time, 701 S Palmetto Ave represents a turnkey opportunity with strong fundamentals and future growth potential.
Sold for $225,000
Zillow last checked:
Listing updated:
Bought with:
Laura Lane Heidrich, 635272
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: O6348079
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2026 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2026 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2026 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/16/2026 | Listed for rent | $1,400+3.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/2/2026 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/28/2026 | Listed for rent | $1,350+28.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/27/2026 | Sold | $225,000-6.2%$181/sqft |
Source:  Stellar MLS #O6348079 Report a problem | ||
| 1/15/2026 | Pending sale | $239,900$193/sqft |
Source: Stellar MLS #O6348079 Report a problem | ||
| 11/25/2025 | Listed for sale | $239,900$193/sqft |
Source: Stellar MLS #O6348079 Report a problem | ||
| 11/22/2025 | Pending sale | $239,900$193/sqft |
Source: Stellar MLS #O6348079 Report a problem | ||
| 9/30/2025 | Listed for sale | $239,900$193/sqft |
Source: Stellar MLS #O6348079 Report a problem | ||
| 11/23/2024 | Listing removed | $1,050$1/sqft |
Source: Stellar MLS #O6232901 Report a problem | ||
| 11/12/2024 | Listed for rent | $1,050$1/sqft |
Source: Stellar MLS #O6232901 Report a problem | ||
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Estimated market value
$225,000
