401 Driftwood Avenue, FL401 Driftwood Avenue, FL401 Driftwood Avenue, FL
Stellar MLS
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$299,000

401 Driftwood Avenue

Daytona Beach, FL 32118

Listing updated: September 1, 2026 at 2:26 PM ET

Active
Stellar MLSListing courtesy of Premier Sothebys Intl Realty · Jennifer Matacale · MLS #NS1088035 · Active · 386-761-2172
3
Beds
2
Baths
2,355
Sq Ft
0.27
Acres
1952
Built
Water view$127/sqft360° tour
Single Family Residence

Property type

1952

Year built

11,875 sqft

Lot size

$127

Price / sq ft

No HOA

HOA dues

128

Days on market

2

Garage spaces

X

Flood zone

About this home

PRICE REDUCED TO $299,000! Investor alert! This is a rare beachside value-add opportunity at 401 Driftwood Avenue, situated on a generous 0.27-acre corner lot with approximately 2,355 square feet, 3 bedrooms, 2 baths, a 2-car garage and ocean views from the primary bedroom. Located in an established beachside neighborhood just minutes from the Atlantic Ocean, this property offers tremendous potential for an investor, renovator or buyer looking to create a customized coastal residence. No HOA, city water and sewer. The existing home offers a spacious layout, original hardwood floors, abundant natural light, mature landscaping, a large upper-level walkout deck, and a unique spiral concrete staircase providing access between levels and the garage. Concrete block construction beneath the wood siding adds appeal for a renovation project. Existing improvements include a roof replaced approximately 2018/2019, two A/C systems installed approximately 2018 and 2021, a downstairs water heater approximately 6–7 years old, partial plumbing updates completed in 2022, well irrigation, multiple updated windows and solar panels. A significant additional benefit is the existing VA assumable first mortgage. The approximate current mortgage balance is $257,000 with an exceptionally attractive 2.25 percent interest rate, a principal and interest payment of approximately $1,197.97 per month, and a maturity date of May 2051. The VA mortgage is assumable by a qualified buyer, subject to approval and qualification with the existing lender and all applicable VA and lender requirements. Cash purchase is also welcomed. The existing solar financing also carries an exceptionally low 1.49 percent interest rate. The solar loan balance as of 8/17/2026 is approximately $49,165, with a monthly payment of $314.45 and a final scheduled payment date of 3/27/2041. The solar loan must be assumed by the buyer or paid in full by the buyer at closing, subject to applicable lender/provider requirements. This property is being offered strictly AS-IS and presents an excellent opportunity to renovate and create value in a desirable beachside location. Whether you are an investor searching for your next renovation project, a cash buyer looking for a beachside opportunity, or a qualified buyer interested in the existing 2.25 percent VA assumable mortgage, 401 Driftwood Avenue deserves a closer look. All property, mortgage, solar financing, payment, balance, interest rate, maturity date, property condition, dimensions, improvements and other information provided herein is believed to be accurate but is not guaranteed. Buyer and buyer's agent are responsible for conducting their own independent due diligence and verifying all information deemed important to the buyer, including but not limited to property condition, measurements, zoning, permitting, renovation potential, financing terms, loan assumption requirements, lender approval, VA eligibility and requirements, solar loan terms, utility costs, taxes, insurance and intended use. Buyer should independently confirm all financing information with the appropriate lender/provider. VA mortgage assumption is subject to buyer qualification and approval by the existing lender and all applicable requirements. Property is being sold AS-IS.

Estimated monthly payment

Principal & interest$1,512
Property taxes$163
Home insurance (est.)$137

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 history128 days on market

  1. Status: Active
    Apr 26, 2026
  2. Listed$375,000
    Apr 26, 2026
  3. Price reduced$299,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
128
Subdivision
Whanorsham Units 01 & 02
County
Volusia
Year built
1952
Living area
2,355 sq ft
Price/sq ft
$127
Building area
3,620 sq ft (Public Records)
Lot size
11,875 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12127C0357J)
Garage
2 spaces
Annual taxes
$1,953 (2025)
Parcel #
00-42-36-06-03-0100
Zoning
02R1A
MLS #
NS1088035

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Interior Details

Bedrooms
3
Full bathrooms
2
Flooring
Wood
Appliances
Dryer, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s)
Laundry
Inside
Stories / Levels
Two
Direction faces
South

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Homestead exemption
Yes
Min lease term
No Minimum
Listing terms
Cash
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
check with City of Ormond Beach for rental rules.

Exterior & Construction

Exterior features
Balcony
Construction materials
Block, Wood Siding
Roof
Membrane, Other
Foundation
Block
Water view
Yes
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected

Schools

High SchoolSeabreeze High SchoolGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomUpper20x16
KitchenUpper12x9
Balcony/Porch/LanaiUpper21x17
Bedroom 2Upper12x11
Bedroom 3Upper12x11
Living RoomUpper21x15
Family RoomUpper23x18
Dining RoomUpper11x9

Listing Details

Listing date
2026-04-25
On market date
2026-04-26
Original list price
$375,000
Occupant type
Owner
MLS area
32118 - Daytona Beach/Holly Hill
Listing AOR
Orlando Regional
Status changed
2026-04-26
Tax legal description
LOT 10 BLK 3 SEC A WHANORSHAM UNIT 1 MB 11 PG 253 PER OR 5183 PG 0203 PER OR 6458 PGS 2135-2136 PER OR 6590 PG 3928

Flood risk

Minimal riskFEMA Zone XPanel 12127C0357J

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Seabreeze Ave and A1A: Head North on A1A and go just past Peggy Schnebly Recreation Center- turn Left onto Driftwood Ave. House on right side corner of Driftwood and Flagstone Dr.

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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 September 1, 2026 at 2:26 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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