DAYTONA BEACH, FL 32114 544 S PALMETTO AVENUE
$750,000



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Presented By: THE KEYES COMPANY with 386-428-5723. - 386-428-5723
Home Details
Motivated Seller – Bring Offers! Prime Downtown Daytona Opportunity with Owner Financing Available! Located at 544 S Palmetto Ave in the highly desirable RDD-6 Downtown Redevelopment District, this historic 1912 property offers unmatched flexibility for investors, business owners, and end-users looking to capitalize on one of Daytona Beach’s fastest-growing corridors. Positioned on a prominent .26-acre corner lot just one block from the marina and minutes to the beach, Speedway, and Riverfront, this property is perfectly suited for a wide range of uses beyond its current Bed & Breakfast operation. Ideal for boutique office space, retail conversion, mixed-use development, event venue, or continued hospitality—this is a true value-add opportunity in a high-growth redevelopment zone. The home itself blends timeless character with modern upgrades, featuring original hardwood floors, multiple expansive common areas, a coquina sunroom, and a grand parlor with a wood-burning fireplace. Four guest suites with private baths plus a separate owner’s quarters provide immediate income or flexible occupancy options. A detached caretaker’s unit adds even more versatility. Recent improvements include a newer roof, updated AC, electrical upgrades, hurricane-rated Andersen windows, fire suppression system, and security system—offering peace of mind for both investors and operators. Offered fully furnished and currently operating, this property is turnkey if desired—but the real upside lies in its zoning and redevelopment potential. Seller is highly motivated and open to creative terms, including possible owner financing. Opportunities like this in the Downtown Redevelopment Area are rare—don’t miss your chance to secure a prime piece of Daytona Beach with multiple paths to income and appreciation.
Presented By: THE KEYES COMPANY with 386-428-5723. - 386-428-5723
Interior Features for 544 S PALMETTO AVENUE
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room, Masonry, Wood Burning
Fireplace Y/NYes
FlooringTile, Hardwood
Furnished Y/NNegotiable
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Open Floorplan, Other, Split Bedroom, Vaulted Ceiling(s)
Laundry FeaturesInside
Total Stories3
General for 544 S PALMETTO AVENUE
Additional Parcels Y/NNo
Additional RoomsAttic, Formal Dining Room Separate, Inside Utility
AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Attached Garage No
Building Area UnitsSquare Feet
Carport Y/NNo
CityDAYTONA BEACH
Construction MaterialsConcrete, Stone, Stucco
CoolingCentral Air
CountyVolusia
DirectionsTake US 1 North into Daytona from New Smyrna Beach and then go East on Cedar to N onto S Palmetto.
Facing DirectionEast
Flood Zone Codetbd
Full Baths6
Garage Spaces1
Garage Y/NYes
HeatingCentral, Electric, Natural Gas
ILS Total SQFT424
ILS Under Air SQFT160
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionE 80 FT OF LOT 1 & E 80 FT OF S 30 FT OF LOT 2 BLK 13 DAYTONA PER OR 4402 PG 3470 PER OR 5868 PG 4552
LevelsThree Or More
Listing TermsCash, Conventional, FHA, Other, Owner May Carry, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet11600
Lot Size UnitsSquare Feet
MLS Area32114 - Daytona Beach
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeOwner
Other StructuresGazebo, Other, Shed(s)
OwnershipFee Simple
Patio/Porch FeaturesCovered, Deck, Patio, Porch
Property SubtypeSingle Family Residence
Property TypeResidential
RoofTile
STELLAR_InLawSuiteDescrip1 Bathroom, 1 Bedroom, Detached (ADU), Kitchen, Private Entrance
STELLAR_InLawSuiteYNYes
Security FeaturesClosed Circuit Camera(s), Fire Sprinkler System
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameHODGMANS DAYTONA
Tax Annual Amount8650
Tax Lot0
Tax Year2024
Total Rooms10
UtilitiesPublic
Virtual TourClick here
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1932
ZoningSFR-5-
Exterior for 544 S PALMETTO AVENUE
Building Area Total4052
Covered Spaces1
Exterior AmenitiesBalcony, French Doors, Garden, Irrigation System, Other, Rain Gutters, Sidewalk, Storage
FencingOther, Wood
Foundation DetailsCrawlspace
Lot FeaturesCorner Lot, City Lot
Lot Size Acres0.26
Lot Size Area11600
Private PoolNo
Road ResponsibilityPublic Maintained Road
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Maria Zeila Juarez
Realtor®
SQFT • 2,966