Donna Hodges

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Listing provided courtesy of Marlin Realty Group- MLS# 1222794MLS Provider

340 S Palmetto AvenueDaytona Beach, FL 32114

Multi-Family · 6 Beds · 4 Full Baths · 2,202 Sq. ft. | 0.24 Acres
$450,000 Active

340 S Palmetto Avenue Overview

Time on Site:
141 days
Visits:
0

Downtown 4 plex for sale. Great rental income property within walking distance to restaurants, parks and everything downtown has to offer. Property consists of 2 two-bedroom one bath and 2 one bedroom one bath apartments. Great rental history and property is turnkey. Apartments have been nicely updated and have newer appliances. These units stay full and are easily rented because of the very convenient location. Owner is motivated and looking for offers. Don't delay on this opportunity. ALL INFO MEANT TO BE TRUE BUT CANNOT BE GUARANTEED AND MUST BE VERIFIED BY POTENTIAL BUYER. ALL LICENSING AND ZONING INFO TO BE VERIFIED WITH CITY OF DAYTONA BEACH BY BUYER.

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340 S Palmetto Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,202
  • Price/Sq.ft. $204
  • Lot 0.24 Acres

Details

General

Income/Expenses

  • Gross Income: 51000.0
  • Net Operating Income: 32163.0
  • Operating Expense: 18837.0

Building Information

  • New Construction: false
  • Year Built: 1915

Business Information

  • Current Use: Multi-Family

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 32 - Daytona Beville to ISB, E of 95
  • MLS Area Minor: 32 - Daytona Beville to ISB, E of 95
  • Subdivision Name: Not In Subdivision

Rent/Lease Information

  • Tenant Pays: Cable TV,Electricity

Tax Information

  • Tax Annual Amount: 4824.41
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 5339-01-11-0022
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 2456.0

General Information

  • Flooring: Laminate,Tile
  • Living Area: 2202.0
  • Living Area Source: Public Records
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Parking Lot,Shared Driveway
  • Parking Total: 8.0

Lot Information

  • Lot Features: Cleared
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Dimensions: 55.0 ft x 193.0 ft
  • Lot Size Square Feet: 10454.4
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Aluminum Siding,Frame
  • Direction Faces: East
  • Roof: Shingle

General Information

  • Carport: false
  • Number Of Units Total: 4
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Connected,Sewer Connected

340 S Palmetto Avenue Neighborhood

Community

32114 (DAYTONA BEACH) Demographics

35
Median Age
1,902
Population Density (per sq. mile)
31%
College Educated
$33,474
Estimated Median Income
4,405
Estimated Total Home Owners
8,885
Estimated Total Renters
33% / 67%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

340 S Palmetto Avenue Monthly Cost

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$ %
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$
$
Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

340 S Palmetto Avenue Market Data

Based on the last 30 days in this zip code

$256,343
Average List Price
$194
Average Price per Square Foot
28
Properties Sold
142
Average Days on Market
284
Properties for Sale
Calculations provided by Reliance Network

340 S Palmetto Avenue History

Date Event Value Agent
3/13/2026Source: Daytona MLS Status Change
Active
3/2/2026Source: Daytona MLS Status Change
Pending
2/26/2026Source: Daytona MLS Price Reduction
$450,000 -9.8%
2/9/2026Source: Daytona MLS Added to Database
February 09, 2026