127 PALMETTO, DELAND, FL 32720

$340,000 Was $345,000

Beds: 4

Baths: 2 Full / 1 Half

Sq. Ft.: 1,118 Sq. Ft.

Year Built: 1962

Lot Size: 0.28 Acres

Garage: N/A

Pool: No

DOM: 110

Property Overview

Status: Active

Property Type: Residential

MLS #: c9854835fa04a0f78992ce4f0ede6d4f

Subdivision: HILLCREST

County: Volusia

HOA Fee: N/A

Year Built: 1962

Construction: Block

Foundation: Concrete Perimeter

Roof: Metal

Cooling: Central Air

Heating: Electric

Sewer: Public Sewer

Water Source: Public

Zoning: R-4

Tax Amount: $5,605.52 (2024)

Listed On: Jan 24, 2025

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.This property is being sold AS IS.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 just vacated, ADU tenant’s lease ending in FEB 2025 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. – 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. 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!

Exterior Features

Garden

Directions

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

School Information

Elementary: N/A

Middle: N/A

High: N/A

Location

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Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

DMIC INVESTMENTS LLC

Listing Agent: Kissandra Macanthony

Information is deemed reliable but not guaranteed. Information provided is 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.

Data last updated: June 21, 2025, 11:38 am UTC

MLS Source: Stellar MLS Copyright © 2025

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