$750,000
544 Palmetto Avenue
Daytona Beach, FL 32114
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history292 days on market
- Status: ActiveJul 17, 2025
- Listed$1,295,000Jul 17, 2025
- Price reduced$750,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 292
- Subdivision
- Hodgmans Daytona
- County
- Volusia
- Year built
- 1932
- Living area
- 2,966 sq ft
- Price/sq ft
- $253
- Building area
- 4,052 sq ft (Public Records)
- Lot size
- 11,600 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- tbd
- Garage
- 1 spaces
- Annual taxes
- $8,650 (2024)
- Parcel #
- 533901130013
- Zoning
- SFR-5-
- MLS #
- NS1085493
Interior Details
- Bedrooms
- 6
- Full bathrooms
- 6
- Flooring
- Tile, Wood
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Interior features
- Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Open Floorplan, Other, Split Bedroom, Vaulted Ceiling(s)
- Laundry
- Inside
- Stories / Levels
- Three Or More
- Direction faces
- East
- Fireplace
- Yes
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central, Electric, Natural Gas
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- No
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, Other, Owner Financing, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Currently a Bed and Breakfast. Check with local zoning authority to confirm.
Exterior & Construction
- Exterior features
- Balcony, French Doors, Garden, Other, Rain Gutters, Sidewalk, Storage
- Construction materials
- Concrete, Stone, Stucco
- Roof
- Tile
- Foundation
- Crawlspace
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 15x20 |
| Dining Room | First | 18x15 |
| Foyer | First | 10x14 |
| Living Room | First | 15x19 |
| Primary Bedroom | First | 10x14 |
| Bedroom 2 | First | 10x9 |
| Office | First | 16x16 |
| Bedroom 3 | Second | 11x14 |
| Bedroom 4 | Second | 18x10 |
| Bedroom 5 | Second | 15x11 |
Listing Details
- Listing date
- 2025-07-17
- On market date
- 2025-07-17
- Original list price
- $1,295,000
- Occupant type
- Owner
- MLS area
- 32114 - Daytona Beach
- Listing AOR
- New Smyrna Beach Board of Realtors
- Status changed
- 2025-07-17
- Tax legal description
- E 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
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take US 1 North into Daytona from New Smyrna Beach and then go East on Cedar to N onto S Palmetto.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 5, 2026 at 3:03 PM ET. 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.
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