340 S Palmetto Avenue, Daytona Beach, FL 32114
New Listing
$499,000
Property Type:
Residential Income
Bedrooms:
6
Baths:
4
Square Footage:
2,456
Lot Size (sq. ft.):
10,454
Status:
Active
Current Price:
$499,000
List Date:
2/09/2026
Last Modified:
2/09/2026
Description
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.
More Information MLS# 1222794
Location, Tax, and Legal
Country: US
Parcel Number: 5339-01-11-0022
Tax Annual Amount: 4824.41
Tax Year: 2025
Tax Legal Description: 39-15-33 SE 1/4 OF LOT 2 BLK 11 HODGMANS DAYTONA MB 2 PG 82 MB 12 PGS 13-15 PER OR 2118 PG 0148 PER OR 5465 PG 3436 PER OR 6767 PG 4180 PER OR 7028 PG 3978 PER OR 7080 PG 2286 PER OR 7257 PG 2838 PER OR 7632 PG 3126 PEROR 7655 PG 2245 PER OR 8025 PG 0054
Currently Not Used
Bedrooms Total: 6
Bathrooms Full: 4
Bathrooms Half: 0
Bathrooms Total: 4
Living Area Source: Public Records
Building Area Total: 2456
Year Built: 1915
New Construction YN: No
Garage YN: No
Carport YN: No
Parking Total: 8
General Property Information
Number Of Buildings: 1
Lot Size Acres: 0.24
Lot Size Dimensions: 55.0 ft x 193.0 ft
Living Area: 2202
Number Of Units Total: 4
CDD Fee YN: No
Direction Faces: East
Directions: head south on palmetto from Orange Ave. Property is on the right.
Public Remarks: 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.
Stories Total: 2
List Price/SqFt: 226.61
Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1915
Lock Box Type
Call Listing Office: 1
None: 1
Construction Materials
Aluminum Siding: 1
Frame: 1
Cooling
Electric: 1
Wall/Window Unit(s): 1
Current Use
Multi-Family: 1
Flooring
Laminate: 1
Tile: 1
Heating
Electric: 1
Income and Expenses
Gross Income: 51000
Net Operating Income: 32163
Operating Expense: 18837
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Owner Pays
Sewer: 1
Water: 1
Parking Features
Parking Lot: 1
Shared Driveway: 1
Possession
Close Of Escrow: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Unit 1 Details
Unit ID: 1
Actual Rent: 950
Unit SqFt: 325
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: unit 1
Unit 2 Details
Unit ID: 2
Actual Rent: 950
Unit SqFt: 345
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: unit 2
Unit 3 Details
Unit ID: 3
Actual Rent: 1150
Unit SqFt: 525
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: unit 3
Unit 4 Details
Unit ID: 4
Actual Rent: 1200
Unit SqFt: 644
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: unit 4
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Source
Public: 1
Contract Information
Current Price: $499,000
List Price: $499,000
Status: Active
Listing Contract Date: 2026-02-09
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 340
Street Direction Prefix: S
Street Name: Palmetto
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32114
Subdivision Name: Not In Subdivision
MLS Area Major: 32 - Daytona Beville to ISB, E of 95
Status Change Information
Major Change Timestamp: 2026-02-09T18:22:25Z
Major Change Type: New Listing
Property Features
Construction Materials: Aluminum Siding; Frame
Cooling: Electric; Wall/Window Unit(s)
Current Use: Multi-Family
Flooring: Laminate; Tile
Heating: Electric
Listing Terms: Cash; Conventional
Lock Box Type: Call Listing Office; None
Lot Features: Cleared
Owner Pays: Sewer; Water
Parking Features: Parking Lot; Shared Driveway
Possession: Close Of Escrow
Roof: Shingle
Sewer: Public Sewer
Tenant Pays: Cable TV; Electricity
Utilities: Cable Connected; Electricity Connected; Sewer Connected
Water Source: Public
Listing Office:
Marlin Realty Group
Last Updated: February - 09 - 2026
Information deemed reliable but not guaranteed.