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Asking Price

$ 350,000

Status

Active

127 W PALMETTO AVENUE

DELAND, FL,32720, HILLCREST

Overview

4 Bedrooms

2 Bathrooms

Garage

1,118 sqft

Year Built: 1962


School Nearby

Description

Perfect House Hack Opportunity – Live in One, Rent the Other! Welcome to 127 W Palmetto Ave, Deltona – a rare find offering a primary home + fully equipped ADU, perfect for savvy homeowners or investors looking for cash flow. Situated on a spacious lot in a quiet, established neighborhood, this unique property blends comfort, flexibility, and income potential. Seize this high opportunity featuring two fully functional living spaces: a 3-bed, 1.5-bath main home and a 1-bed, 1-bath guest house. This income-generating property is perfectly positioned in DeLand’s sought-after Hillcrest neighborhood, just minutes from Stetson University and historic downtown, ensuring strong tenant demand. Key Investment Highlights: Dual-Income or live in one home and rent the other! Main house tenants are leaving at the end of April 2025, ADU tenant’s lease ends in February 2026 Recent Upgrades – Main home water heater (2023), roof (2022), and updated electrical panel, plus a large bonus room for added versatility. The guest house was fully renovated in 2021, with further updates in Dec. 2024, including a brand-new shaker kitchen, stainless steel appliances, a washer & dryer, fresh paint, and a new AC unit. Low-Maintenance & Move-In Ready – Both homes now feature NEWER metal roofs, separate electric meters, and a spacious lot with ample parking. Flexible Use Options – Ideal for pure investment, house hacking (live in one unit while renting the other), or multi-generational living. Prime Location: • Nestled in Hillcrest, a highly desirable area in DeLand. • 1.6 miles from Stetson University • Close to boutiques, cafés, and cultural events in historic downtown. This potential cash-flowing, low-maintenance property is an excellent addition to any investor’s portfolio or a smart choice for a primary homeowner looking to offset costs with rental income. Don’t miss out on this rare opportunity—schedule your private tour today!


Features

Status:   Active

Beds:    4

Baths:   2

Square Footage:   1,118 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   O6269152

Days on Market:   96

Year Built:   1962

Lot Size:   75 x 138

County:   Volusia

Taxes:   $5,605.00


Address

127 W PALMETTO AVENUE , DELAND ,FL

Listing provided by: DMIC INVESTMENTS LLC, 407-451-9939

Asking Price

$350,000

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 05/04/2025 01:49. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.