$389,000

118 Gypsy Palace Ln Daytona Beach, FL 32124

Latitude Margaritaville Neighborhood

Estimated payment $2,464/month

Total Views 6,769
2 Beds
2 Baths
1,308 Sq Ft
$297 Price per Sq Ft

Highlights

  • Community Beach Access
  • Heated Spa
  • Gated Community
  • Fitness Center
  • Active Adult
  • Open Floorplan

About This Home

Welcome to your own patch of paradise in this Camellia Conch Cottage, located in the fun and vibrant 55+ community of Latitude Margaritaville! This 2 bed, 2 bath, 2 car garage home is ready for your personal touch. You'll love the wood-look tile flooring, granite counters, crown-molded kitchen cabinets, and vaulted ceilings with recessed lighting that make the space feel open and bright. The upgraded kitchen with stainless appliances, gas range, and large island is perfect for whipping up your favorites. The primary suite features a spacious walk-in shower and double vanities. Enjoy epoxy garage floors, a full laundry room with upper/lower cabinets, and a screened porch. Dive into the good life with access to the Lagoon-style pool, private beach club, 10 pickleball courts, tennis, bocce, theater, Fins Up Fitness, and so much more

Listing Agent

Geri Davis

EXP Realty LLC License #3594641 Listed on: 08/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $617

Year Built

  • Built in 2024 | Remodeled

Lot Details

  • 3,759 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Block And Beam Construction
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Screened Porch
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

  • Security Gate
  • Smart Thermostat

Pool

  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Smart Irrigation
  • Screened Patio
  • Property is near a park

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 5205-05-00-3432

Community Details

Overview

  • Active Adult
  • Association fees include ground maintenance, security
  • Latitude Subdivision
  • On-Site Maintenance

Amenities

  • Restaurant
  • Sauna

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Jogging Path

Building Details

  • Security

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$617

Year Built

Built in 2024 | Remodeled

Lot Details

0

HOA Fees

$359 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Subdivision Name: Latitude
  • Directions: LPGA . Right to Tymber Creek, Right to Margaritaville Ave, Right to Lost Shaker Way, Right to Gypsy Palace Lane
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 2024
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.0863
  • General Property Information CDD Fee YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: Yes
  • General Property Information Direction Faces: West
  • General Property Information Homestead YN: Yes
  • General Property Information:Stories: 1
  • General Property Information:Furnished: Unfurnished
  • Contract Information Property Attached YN: Yes
  • Location Tax and Legal:Parcel Number: 5205-05-00-3432
  • Location Tax and Legal:Tax Annual Amount: 616.57
  • Location Tax and Legal:Tax Year: 2024
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Smart Home Features Irrigation: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Bedroom 2 Level: Main
  • Association Amenities Management- On Site: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Spa Features In Ground: Yes
  • Pets Allowed:Number Limit: Yes
  • Foundation Details Slab: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features Security Gate: Yes
  • Room Types:Laundry2: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Spa Features Heated: Yes
  • Room Types Laundry Level: Main
  • Architectural Style Cottage: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Utilities:Natural Gas Connected: Yes
  • Association Amenities Pool4: Yes
  • Community Features:Gated4: Yes
  • Community Features:Restaurant3: Yes
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Heated, In Ground
  • Appliances: Washer/Dryer Stacked, Tankless Water Heater, Refrigerator, Microwave, Gas Cooktop, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Smart Thermostat
  • Living Area: 1308.0
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Spa Features:Community2: Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: West
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Screened
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Shared Driveway
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Laundry Features: Gas Dryer Hookup, In Unit, Washer Hookup
  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Amenities: Basketball Court, Beach Access, Dog Park, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Park, Pickleball, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Management - On Site
  • Association Fee: 358.79
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 358.79
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Other4: Yes
  • Association Amenities:Pickleball: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Beach Access: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Sauna: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Basketball Court: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Security, Other

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 3759.23
  • Parcel #: 5205-05-00-3432

Tax Info

  • Tax Annual Amount: 616.57
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $41 $308,873 $40,000 $268,873
2024 $41 $34,000 $34,000 --
2023 $41 $34,000 $34,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $389,000 -0.3% $297 / Sq Ft
07/09/2024 07/09/24 Sold $390,000 -1.3% $295 / Sq Ft
06/13/2024 06/13/24 For Sale $395,000 -- $299 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Clear Title Of Florida
Special Warranty Deed $377,057 Clear Title Of Florida
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Previous Owner $320,512 FHA
Source: Public Records

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1216537

Daytona Beach Area Association of REALTORS®

APN: 5205-05-00-3432

Florida Volusia County Daytona Beach 32124 Latitude Margaritaville

118 Gypsy Palace Ln, Daytona Beach, FL

This home is located at 118 Gypsy Palace Ln, Daytona Beach, FL 32124 and is currently priced at $389,000, approximately $297 per square foot. This property was built in 2024. 118 Gypsy Palace Ln is a home located in Volusia County with nearby schools including Champion Elementary School, David C. Hinson Sr. Middle School, and Mainland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Daytona Beach Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Geri Davis
Section Image
EXP Realty LLC
(386) 272-4563