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127 W Palmetto Avenue

DeLand, FL 32720

4 beds
3 baths
1,118 sqft
12,607 sqft lot
$335 per sqft
1962 build
– on site

This turn-key investment property offers two separate living quarters: a 3/1.5 and a 1/1. The main home offers three bedrooms and 1.5 baths, a new water heater in 2023, a newer roof in 2022, and an updated electrical panel plus a Large Bonus Room. Perfect for home office, playroom, etc... Tenants using for storage purposes. Hardwood floors throughout. Mother-in-law's house was renovated in 2021 and had a new electrical, plumbing, and water heater. just recently, in December 2024, it was updated with a brand-new shaker kitchen, all new stainless steel kitchen appliances, a new washer & dryer installed, fresh paint, and a new AC window unit—an excellent space for guests, rental income, or extended family. It is nestled on a Large lot with BOTH homes having a NEW metal roof in both units have their electric meters… It would also work great for a primary user to live in one of the units and rent out the other. 1/1 has a new lease starting Feb 15th, 2025 and 3/1.5 lease ends March 22nd 2025, tenants would love to renew. Between both leases income is $3,275 monthly Prime Location Nestled in the Hillcrest neighborhood, this home is just minutes from DeLand’s historic downtown, offering unique boutiques, charming cafés, and vibrant cultural events. It’s also only 1.6 miles from Stetson University, making it an ideal location With ample outdoor space, and a carport for convenient parking this home is a fantastic opportunity to own a piece of DeLand’s charm. Please do not disturb tenants

Listing courtesy of STELLAR_MLS / DMIC INVESTMENTS LLC

Last checked: Checking… • Last updated Feb 11, 2025 •

MLS# O6269152 —

The Building

Year Built:

1962
New Construction:

false
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Metal
Foundation Details:

Concrete Perimeter
Building Area Total:

1601
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Living Room/Dining Room Combo
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

1118
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

North on Woodland. Left on W. Palmetto Ave. House is on the right just before HWY 92.
Latitude:

29.052146
Longitude:

-81.305725
Coordinates:

-81.305725, 29.052146

The Property

Parcel Number:

04173006010190
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.28
Lot Size Area:

12607
Lot Size SqFt:

12607
Lot Size Dimensions:

75 x 138
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-4
Direction Faces:

East
View:

false
Exterior Features:

Garden
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

19
Tax Block:

A
Tax Legal Description:

4 17 30 LOT 19 & LOT 20 EXC E 11 FT OF S 77 FT & W 12 FT OF N 61 FT OF LOT 21 BLK A HILLCREST PER OR 5267 PG 2721 PER OR 5497 PG 3077 PER OR 6029 PG 0755 PER OR 7796 PG 0992 PER OR 8286 PG 3299
Tax Book Number:

MB6-244
Tax Annual Amount:

5605.52

Beds

Bedrooms Total:

4

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/O6269152
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

Dryer
Laundry Features:

Inside

The Community

Subdivision Name:

HILLCREST
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

2
Covered Spaces:

2

Monthly cost estimate

Asking price

$375,000

Expense	Monthly cost
Mortgage	$2,008
Taxes	$467
Insurance	$103
Utilities	$174 See report
Total	$2,752/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/11/25 Feb 11, 2025	Price Changed	STELLAR_MLS	$375,000	-1.3%
1/27/25 Jan 27, 2025	Listed / Active	STELLAR_MLS	$380,000	17.0% (6.2% / YR)
8/30/22 Aug 30, 2022	Sold	STELLAR_MLS

House For Sale

$375,000

Cost Est.

$2,752/mo.

Price drop −$5,000

Listing provided by broker:

Kissandra Macanthony

DMIC INVESTMENTS LLC

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This house located in Hillcrest, DeLand, FL 32720 is currently for sale for $375,000. 127 W Palmetto Avenue is a 1,118 square foot house with 4 beds and 3 baths that has been on Estately for 42 days. 127 W Palmetto Avenue is in the Hillcrest neighborhood of DeLand and has a WalkScore® of 55, making it somewhat walkable.

Listing Courtesy of: STELLAR_MLS and DMIC INVESTMENTS LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.