DELAND, FL 32720 127 W PALMETTO AVENUE
$325,000



30 more































Presented By: DMIC INVESTMENTS LLC with 407-451-9939. -
Home Details
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.This property is being sold AS IS.
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 just vacated, ADU tenant’s lease ending in FEB 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.
– 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.
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!
Presented By: DMIC INVESTMENTS LLC with 407-451-9939. -
Interior Features for 127 W PALMETTO AVENUE
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths1
Total Baths3
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringtile
Heating Y/NYes
Interior Amenitiesliving room/dining room combo
Laundry Featuresinside
Total Stories1
General for 127 W PALMETTO AVENUE
Additional Parcels Y/NNo
Appliancesdryer, microwave, range hood, refrigerator, washer
Building Area Unitssquare feet
Carport Spaces2
Carport Y/NYes
Citydeland
Construction Materialsblock
Coolingcentral air
Countyvolusia
Directionsnorth on woodland. left on w. palmetto ave. house is on the right just before hwy 92.
DockY/NNo
Facing Directioneast
Flood Zone Codex
Flood Zone Code XY
Full Baths2
Garage Y/NNo
HOANo
Heatingelectric
ILS Total SQFT483
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Description4 17 30 lot 19 & lot 20 exc e 11 ft of s 77 ft & w 12 ft of n 61 ft of lot 21 blk a hillcrest per or 5267 pg 2721 per or 5497 pg 3077 per or 6029 pg 0755 per or 7796 pg 0992 per or 8286 pg 3299
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet12607
Lot Size Unitssquare feet
MLS Area32720 - deland
Minimum Lease1-2 years
ModificationTimestamp2025-07-15t17:41:45.740z
New ConstructionNo
Occupancy Typetenant
Ownershipfee simple
Property Subtypesingle family residence
Property Typeresidential
Roofmetal
STELLAR_InLawSuiteDescrip1 bathroom, 1 bedroom, detached (adu), kitchen, private entrance
STELLAR_InLawSuiteYNYes
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namehillcrest
Tax Annual Amount5605.52
Tax Lot19
Tax Year2024
Total Rooms7
Utilitiespublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1962
Zoningr-4
Exterior for 127 W PALMETTO AVENUE
Building Area Total1601
Covered Spaces2
Exterior Amenitiesgarden
Foundation Detailsconcrete perimeter
Lot Dimensions75 x 138
Lot Size Acres0.28
Lot Size Area12607
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History

Ernesto Vega
Broker/President