127 Palmetto Avenue, DELAND, FL 32720
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Priced at Only: $325,000
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Address: 127 Palmetto Avenue, DELAND, FL 32720
Property Location and Similar Properties
- MLS#: O6269152 ( Residential )
- Street Address: 127 Palmetto Avenue
- Viewed: 19
- Price: $325,000
- Price sqft: $203
- Waterfront: No
- Year Built: 1962
- Bldg sqft: 1601
- Bedrooms: 4
- Total Baths: 3
- Full Baths: 2
- 1/2 Baths: 1
- Garage / Parking Spaces: 2
- Days On Market: 160
- Additional Information
- Geolocation: 29.0521 / -81.3057
- County: VOLUSIA
- City: DELAND
- Zipcode: 32720
- Subdivision: Hillcrest
- Provided by: DMIC INVESTMENTS LLC
- DMCA Notice
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DescriptionPerfect House Hack Opportunity Live in One, Rent the Other! Welcome to 127 W Palmetto Ave, Deltona a rare find offering a primary home + fully equipped ADU, perfect for savvy homeowners or investors looking for cash flow. Situated on a spacious lot in a quiet, established neighborhood, this unique property blends comfort, flexibility, and income potential.This property is being sold AS IS. Seize this high opportunity featuring two fully functional living spaces: a 3 bed, 1.5 bath main home and a 1 bed, 1 bath guest house. This income generating property is perfectly positioned in DeLands sought after Hillcrest neighborhood, just minutes from Stetson University and historic downtown, ensuring strong tenant demand. Key Investment Highlights: Dual Income or live in one home and rent the other! Main house tenants just vacated, ADU tenants lease ending in FEB 2026 Recent Upgrades Main home water heater (2023), roof (2022), and updated electrical panel, plus a large bonus room for added versatility. The guest house was fully renovated in 2021, with further updates in Dec. 2024, including a brand new shaker kitchen, stainless steel appliances, a washer & dryer, fresh paint, and a new AC unit. Both homes now feature NEWER metal roofs, separate electric meters, and a spacious lot with ample parking. Flexible Use Options Ideal for pure investment, house hacking (live in one unit while renting the other), or multi generational living. Prime Location: Nestled in Hillcrest, a highly desirable area in DeLand. 1.6 miles from Stetson University Close to boutiques, cafs, and cultural events in historic downtown. An excellent addition to any investors portfolio or a smart choice for a primary homeowner looking to offset costs with rental income. Dont miss out on this rare opportunityschedule your private tour today!
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Garden
- Flooring: Tile
- Living Area: 1118.00
- Roof: Metal
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 2.00
- Cooling: Central Air
- Heating: Electric
- Sewer: Public Sewer
- Utilities: Public
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Appliances: Dryer, Microwave, Range Hood, Refrigerator, Washer
- Country: US
- Interior Features: Living Room/Dining Room Combo
- Legal Description: 4 17 30 LOT 19 & LOT 20 EXC E 11 FT OF S 77 FT & W 12 FT OF N 61 FT OF LOT 21 BLK A HILLCREST PER OR 5267 PG 2721 PER OR 5497 PG 3077 PER OR 6029 PG 0755 PER OR 7796 PG 0992 PER OR 8286 PG 3299
- Levels: One
- Area Major: 32720 - Deland
- Occupant Type: Tenant
- Parcel Number: 04-17-30-06-01-0190
- Views: 19
- Zoning Code: R-4
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- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Fax: 352.584.7611
- nataliegorse352@gmail.com