127 W PALMETTO AVE Active Save Request In-Person Tour Request Virtual Tour
Deland,FL 32720
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 $326
Subdivision Hillcrest
MLS Listing ID O6269152
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1962
Annual Tax Amount $5,605
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 75x138
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.
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 are leaving at the end of April 2025, ADU tenant's lease ends in February 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.
Low-Maintenance & Move-In Ready – 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.
This potential cash-flowing, low-maintenance property is 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
Interior Features Living Room/Dining Room Combo
Heating Electric
Cooling Central Air
Flooring Tile
Fireplace false
Appliance Dryer,Microwave,Range Hood,Refrigerator,Washer
Laundry Inside
Exterior
Exterior Feature Garden
Utilities Available Public
Roof Type Metal
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Concrete Perimeter
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6269152