127 W PALMETTO AVE Active

Deland,FL 32720

$ 325000

4 Beds

3 Baths

1118 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,118 sqft

Price per Sqft $290

Subdivision Hillcrest

MLS Listing ID O6269152

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1962

Annual Tax Amount $5,605

Lot Size 0.280 Acres

Property Sub-Type Single Family Residence

Property 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.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!

Location

State FL

County Volusia

Community Hillcrest

Area 32720 - Deland

Zoning R-4

Interior

Heating Electric

Cooling Central Air

Flooring Tile

Laundry Inside

Exterior

Exterior Feature Garden

Utilities Available Public

Roof Type Metal

Building

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6269152

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