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$599,900

Beds
3
Baths
3.0
sq ft
2,951

307 S Palmetto Ave, Daytona Beach, FL 32114

307 S Palmetto Ave

Daytona Beach, FL 32114

  • 43 days on market
Discover the charm of downtown Daytona Beach, Florida, with this stunning historical brick home at 307 S Palmetto Ave. This exceptional three-level property, steeped in history, has been meticulously upgraded to offer modern elegance while retaining its original character. Each floor is painted in a crisp white from floor to ceiling, beautifully complemented by striking black and natural wood accents. With both commercial and residential zoning, this property presents a fantastic investment opportunity. The versatile first-floor unit can serve as a dynamic space for a variety of businesses, from a trendy hair salon to a professional office, catering to the vibrant local community and attracting visitors alike. Ascend to the second floor, where you will find the main living area, dining area, and a contemporary kitchen that opens to a delightful balcony through sliding glass doors— perfect for enjoying the fresh coastal air. The half bathroom adds convenience for both residents and guests. On the third floor, the master suite is a true retreat, featuring an en-suite bathroom that has been fully updated with luxurious floor-to-ceiling natural ceramic tiles, dual vanities, and a spacious walk-in double shower. This floor also includes a guest bedroom, a large laundry room, and another balcony that offers stunning views of the city and magnificent sunrisesideal for relaxation or curling up with a book. Located in the heart of Daytona Beach, this property is surrounded by a lively atmosphere that appeals to locals and tourists alike. Enjoy the proximity to beautiful beaches, an array of dining and shopping options, and vibrant cultural attractions. Whether you're looking for a unique residence or a promising commercial investment, 307 S Palmetto Ave is a remarkable opportunity not to be missed.

Details

Property type

Single Family Residence

Est. home value

$565,276

Property condition

Updated/Remodeled

Lot size

1,184.83 sq ft

Price per sq ft

$204

Year built

1924

Annual property taxes

$8,385

Price History

02/15/2025
Daytona

Daytona #1209526

Listed
$599,900
+11.3%
06/26/2023
Daytona

Daytona #1110870

Sold
$539,000
+76.72%
09/15/2017
Daytona

Daytona #1020595

Sold
$305,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$201,676
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$350,232
Cash to seller
$201,676

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

December 2023

Original loan amount

$354,250

Est. remaining balance

$350,232

Interest rate

7.63%

Loan type

New Conventional, 30 year

Seller

307 South Palmetto Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 12:20 PM

Listing updated: 02/15/2025 at 3:59 PM

Listed by: Dayanis Purucker, Oceans Luxury Realty Full Service LLC

MLS: Daytona #1209526

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