401 Driftwood Avenue, Daytona Beach, FL 32118
Overview
Description
Supplements: ... (Read more) approximately 6-7 years old, partial plumbing updates completed in 2022, well irrigation, multiple updated windows and solar panels. A significant additional benefit is the existing VA assumable first mortgage. The approximate current mortgage balance is $257,000 with an exceptionally attractive 2.25 percent interest rate, a principal and interest payment of approximately $1,197.97 per month, and a maturity date of May 2051. The VA mortgage is assumable by a qualified buyer, subject to approval and qualification with the existing lender and all applicable VA and lender requirements. Cash purchase is also welcomed. The existing solar financing also carries an exceptionally low 1.49 percent interest rate. The solar loan balance as of 8/17/2026 is approximately $49,165, with a monthly payment of $314.45 and a final scheduled payment date of 3/27/2041. The solar loan must be assumed by the buyer or paid in full by the buyer at closing, subject to applicable lender/provider requirements. This property is being offered strictly AS-IS and presents an excellent opportunity to renovate and create value in a desirable beachside location. Whether you are an investor searching for your next renovation project, a cash buyer looking for a beachside opportunity, or a qualified buyer interested in the existing 2.25 percent interest rate. VA assumable mortgage, 401 Driftwood Avenue deserves a closer look. All property, mortgage, solar financing, payment, balance, interest rate, maturity date, property condition, dimensions, improvements and other information provided herein is believed to be accurate but is not guaranteed. Buyer and buyer's agent are responsible for conducting their own independent due diligence and verifying all information deemed important to the buyer, including but not limited to property condition, measurements, zoning, permitting, renovation potential, financing terms, loan assumption requirements, lender approval, VA eligibility and requirements, solar loan terms, utility costs, taxes, insurance and intended use. Buyer should independently confirm all financing information with the appropriate lender/provider. VA mortgage assumption is subject to buyer qualification and approval by the existing lender and all applicable requirements. Property is being sold AS-IS.
Listing Details MLS# 1225694
General Property Information
- Bedrooms Total
- 3
- Bathrooms Full
- 2
- Bathrooms Total
- 2
- Living Area
- 2355
- Year Built
- 1952
- Lot Size Acres
- 0.27
- Lot Size Dimensions
- 95.0 ft x 125.0 ft
- Association YN
- No
- CDD Fee YN
- No
- Waterfront YN
- No
- Stories
- 2
- Senior Community YN
- No
- Direction Faces
- South
- Directions
- From Seabreeze Ave and A1A: Head North on A1A and go just past Peggy Schnebly Recreation Center- turn Left onto Driftwood Ave. House on right side corner of Driftwood and Flagstone Dr.
- Public Remarks
- PRICE REDUCED TO $299,000! Investor alert! This is a rare beachside value-add opportunity at 401 Driftwood Avenue, situated on a generous 0.27-acre corner lot with approximately 2,355 square feet, 3 bedrooms, 2 baths, a 2-car garage and ocean views from the primary bedroom. Located in an established beachside neighborhood just minutes from the Atlantic Ocean, this property offers tremendous potential for an investor, renovator or buyer looking to create a customized coastal residence. No HOA, city water and sewer. The existing home offers a spacious layout, original hardwood floors, abundant natural light, mature landscaping, a large upper-level walkout deck, and a unique spiral concrete staircase providing access between levels and the garage. Concrete block construction beneath the wood siding adds appeal for a renovation project. Existing improvements include a roof replaced approximately 2018/2019, two A/C systems installed approximately 2018 and 2021, a downstairs water heater
- List Price/SqFt
- 126.96
Property Features
Contract Information
- Property Sub Type
- Single Family Residence
- Property Attached YN
- No
- Listing Contract Date
- 2026-04-25
Location Tax and Legal
- Street Number
- 401
- Street Name
- Driftwood
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32118
- MLS Area Major
- 15 - Daytona Peninsula N of Seabreeze
- Subdivision Name
- Whanorsham
Status Change Information
- Major Change Timestamp
- 2026-08-17T14:10:12Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-08-17T14:10:12Z
Power Production Type
- Ownership
- Third-Party Owned
- Type
- Solar
More Information
Room Types
- Bedroom 1 Level
- Upper
- Bedroom 2 Level
- Upper
- Bedroom 3 Level
- Upper
- Dining Room Level
- Upper
- Family Room Level
- Upper
- Kitchen Level
- Upper
- Living Room Level
- Upper
- Other Room Level
- Upper
- Bedroom 1
- Yes
- Bedroom 2
- Yes
- Bedroom 3
- Yes
- Dining Room
- Yes
- Family Room
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Other Room
- Yes
Currently Not Used
- Bedrooms Total
- 3
- Bathrooms Full
- 2
- Bathrooms Half
- 0
- Bathrooms Total
- 2
- Living Area Source
- Public Records
- Building Area Total
- 3620
- Year Built
- 1952
- Accessibility Features YN
- No
- New Construction YN
- No
- Garage YN
- Yes
- Garage Spaces
- 2
- Carport YN
- No
- Pool Private YN
- No
- Entry Level
- 2
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 4236-06-03-0100
- Tax Annual Amount
- 1952.83
- Tax Year
- 2025
- Tax Legal Description
- LOT 10 BLK 3 SEC A WHANORSHAM UNIT 1 MB 11 PG 253 PER OR 5183 PG 0203 PER OR 6458 PGS 2135-2136 PER OR 6590 PG 3928
- High School
- Seabreeze
View
- Ocean
- Yes
- Trees/Woods
- Yes
Foundation Details
- Block
- Yes
Lock Box Type
- None
- Yes
- See Remarks
- Yes
Appliances
- Dryer
- Yes
- Electric Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction Materials
- Block
- Yes
- Wood Siding
- Yes
Cooling
- Central Air
- Yes
Current Use
- Residential
- Yes
- Single Family
- Yes
Exterior Features
- Balcony
- Yes
- Impact Windows
- Yes
Fencing
- Wrought Iron
- Yes
Flooring
- Wood
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Levels
- Two
- Yes
Listing Terms
- Cash
- Yes
Lot Features
- Corner Lot
- Yes
- Sprinklers In Front
- Yes
Parking Features
- Garage
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Roof
- Membrane
- Yes
- Other
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Architectural Style
- Mid-Century Modern
- Yes
Patio And Porch Features
- Deck
- Yes
- Front Porch
- Yes
Interior Features
- Pantry
- Yes
Property Condition
- Fixer
- Yes
Room Information
| Room Name | Level | Length | Width | Remarks |
|---|---|---|---|---|
| Bedroom 1 | Upper | 20.00 | 16.00 | |
| Kitchen | Upper | 12.00 | 9.00 | |
| Other | Upper | 21.00 | 17.00 | Upper Deck /Balcony |
| Bedroom 2 | Upper | 12.00 | 11.00 | Wall removed to make large room |
| Bedroom 3 | Upper | 12.00 | 11.00 | |
| Living Room | Upper | 21.00 | 15.00 | |
| Family Room | Upper | 23.00 | 18.00 | |
| Dining Room | Upper | 11.00 | 9.00 |