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KASEY MCCARTY

kasey@soldbykasey.com +1(859) 428-7960

$ 750,000

Est. payment -/mo

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Price Dropped by $49K

544 Palmetto AVE Daytona Beach, FL 32114

6 Beds

6 Baths

200 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 200 sqft

Price per Sqft $3,750

Subdivision Not In Subdivision

MLS Listing ID 1215833

Bedrooms 6

Full Baths 6

Year Built 1932

Annual Tax Amount $7,907

Lot Size 10,890 Sqft

Lot Dimensions 0.25

Property Sub-Type Single Family Residence

Source Daytona Beach Area Association of REALTORS®

Property Description

Motivated Seller - Bring Offers! Prime Downtown Daytona Opportunity with Owner Financing Available! Located at 544 S Palmetto Ave in the highly desirable RDD-6 Downtown Redevelopment District, this historic 1912 property offers unmatched flexibility for investors, business owners, and end-users looking to capitalize on one of Daytona Beach's fastest-growing corridors. Positioned on a prominent .26-acre corner lot just one block from the marina and minutes to the beach, Speedway, and Riverfront, this property is perfectly suited for a wide range of uses beyond its current Bed & Breakfast operation. Ideal for boutique office space, retail conversion, mixed-use development, event venue, or continued hospitality--this is a true value-add opportunity in a high-growth redevelopment zone. The home itself blends timeless character with modern upgrades, featuring original hardwood floors, multiple expansive common areas, a coquina sunroom, and a grand parlor with a wood-burning fireplace. Four guest suites with private baths plus a separate owner's quarters provide immediate income or flexible occupancy options. A detached caretaker's unit adds even more versatility. Recent improvements include a newer roof, updated AC, electrical upgrades, hurricane-rated Andersen windows, fire suppression system, and security system--offering peace of mind for both investors and operators. Offered fully furnished and currently operating, this property is turnkey if desired--but the real upside lies in its zoning and redevelopment potential. Seller is highly motivated and open to creative terms, including possible owner financing. Opportunities like this in the Downtown Redevelopment Area are rare--don't miss your chance to secure a prime piece of Daytona Beach with multiple paths to income and appreciation.

Location

State FL

County Volusia

Community Not In Subdivision

Direction US 1 to E on Cedar to N onto S Palmetto

Interior

Interior Features Built-in Features, Ceiling Fan(s), Pantry

Heating Central, Electric, Natural Gas

Cooling Central Air, Electric

Fireplaces Type Wood Burning

Fireplace Yes

Exterior

Exterior Feature Balcony, Fire Pit, Other

Parking Features Garage, Off Street

Garage Spaces 1.0

Utilities Available Sewer Connected, Water Connected

Roof Type Tile

Porch Patio

Total Parking Spaces 1

Garage Yes

Building

Foundation Block, Stone, See Remarks

Water Public

New Construction No

Others

Senior Community No

Tax ID 5339-01-13-0013

Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan

Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan

Virtual Tour https://my.matterport.com/show/?m=4yQJ8UjAVms&mls=1

Listed by The Keyes Company

NEARBY SCHOOLS & PROPERTIES

KASEY MCCARTY

Broker

+1(859) 428-7960

KASEY MCCARTY

544 Palmetto AVE Daytona Beach, FL 32114

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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544 Palmetto AVE