544 Palmetto Avenue, FL

$750,000

544 Palmetto Avenue

Daytona Beach, FL 32114

Active
0
Baths
2,966
Sq Ft
0.26
Acres
1932
Built
$185/sqft360° tour
🏠Hotel/Motel

Property type

🏗️1932

Year built

📐11,600 sqft

Lot size

📊$185

Price / sq ft

🏘️No HOA

HOA dues

📅288

Days on market

🌊tbd

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

Principal & interest$3,792
Property taxes$721
Home insurance (est.)$344

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 history288 days on market

  1. Status: Active
    Jul 21, 2025
  2. Listed$1,295,000
    Jul 21, 2025
  3. Price reduced$750,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Hotel/Motel
Status
Active
Days on market
288
Subdivision
Hodgmans Daytona
County
Volusia
Year built
1932
Living area
2,966 sq ft
Price/sq ft
$185
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
Annual taxes
$8,650 (2024)
Parcel #
533901130013
Zoning
SFR-5-
MLS #
NS1085531

Interior Details

Flooring
Other, Tile
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Stories / Levels
Three Or More
Direction faces
East

Heating & Cooling

Heating
Central, Electric, Natural Gas
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash, Other, Owner Financing
Ownership
Corporation

Exterior & Construction

Construction materials
Concrete, Stone, Stucco
Roof
Tile
Foundation
Crawlspace
Road surface
Concrete

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2025-07-21
On market date
2025-07-21
Original list price
$1,295,000
Occupant type
Owner
MLS area
32114 - Daytona Beach
Listing AOR
New Smyrna Beach Board of Realtors
Status changed
2025-07-21
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

Zone TBDFEMA Zone TBD

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

US1 North into Daytona from New Smyrna Beach and then go East on Cedar to N onto S Palmetto.

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MLS GRID

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 3:04 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA