$390,000
SOLD JUL 9, 2024

118 Gypsy Palace Ln Daytona Beach, FL 32124

Latitude Margaritaville Neighborhood
2 Beds
2 Baths
1,321 Sq Ft
3,768 Sq Ft Lot

Recently Sold

$295 Per Sq Ft

1% Below List Price

7 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Open Floorplan
  • Heated In Ground Pool
  • Gated Community
  • Clubhouse

About This Home

As of July 2024

Create your own Patch of Paradise in this BRAND NEW Camellia Conch Cottage! Imagine yourself decorating this 2 Bedroom 2 Bath 2 Car Garage cottage to your taste. Easy care Wood Plank look tile flooring, window treatments, granite counters throughout the home. The vaulted ceiling in the living room with LED recessed lighting gives that airy feeling. Upgraded crown molded kitchen cabinets, S/S appliances, gas range, side by side refrigerator, subway tile backsplash & large center island for that gourmet cook in you. Primary bedroom with ensuite bath has double vanities, upgraded hardware, seamless glass walk-in shower, tile to ceiling. Laundry room features high end stacked washer/dryer, upper & lower cabinet with counter for storage. Epoxy garage flooring. Security System. Enjoy live music, paradise pool, sports pool, private beach club with shuttle, 10 pickleball courts, 5 tennis courts, 5 bocce ball courts, theater, bandshell, Fins Up Fitness center and pet spa.

Last Agent to Sell the Property

Kelley Sarantis

Bob Hodges and Sons Realty License #600039 Listed on: 06/13/2024

Last Buyer's Agent

Geri Davis

EXP Realty LLC License #3594641

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41

Year Built

  • Built in 2024

Lot Details

  • 3,768 Sq Ft Lot
  • Property fronts a private road
  • Front Yard Sprinklers

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5205-05-00-3432

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Jogging Path

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41

Year Built

Built in 2024

Lot Details

0

HOA Fees

$333 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Latitude
  • Directions: Tymber Creek to First Gate on R onto Margaritaville Ave, Right at Stop sign onto Lost Shaker Way, R on Gypsy Palace, Home on Left
  • Architectural Style: Cottage, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • 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: 0.0865
  • General Property Information CDD Fee YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: Yes
  • General Property Information:Stories: 1
  • Location Tax and Legal:Parcel Number: 5205-05-00-3432
  • Location Tax and Legal:Tax Annual Amount: 41.0
  • Location Tax and Legal:Tax Year: 2023
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Zoning Description: Residential
  • Levels:One: Yes
  • Pets Allowed:Yes: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Dining Room: Yes
  • Pool Features Heated2: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Utilities:Cable Available: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: Main
  • Room Types Dining Room Level: Main
  • Pets Allowed:Number Limit: Yes
  • Foundation Details Slab: Yes
  • Architectural Style Ranch: Yes
  • Security Features:Smoke Detector(s): Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Road Frontage Type:Private Road: Yes
  • Spa Features Heated: Yes
  • Smart Home Features Smoke Detector: Yes
  • Utilities Natural Gas Available: Yes
  • Architectural Style Cottage: Yes
  • Association Amenities Pool4: Yes
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Spa Features: Community, Heated
  • Appliances: Washer/Dryer Stacked, Refrigerator, Microwave, Gas Range, Disposal, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Smart Thermostat, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1321.0
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Spa Features:Community2: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Lot Features: Sprinklers In Front
  • Pool Features: In Ground, Heated
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Screened
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Sprinklers in Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Amenities: Clubhouse, Dog Park, Fitness Center, Gated, Jogging Path, Management - Full Time, Pickleball, Pool, Sauna, Security, Tennis Court(s)
  • Association Fee: 332.66
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 332.66
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Pickleball: Yes
  • Association Fee Includes:Security2: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Security: Yes
  • Association Amenities:Sauna: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Jogging Path: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Security

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 3767.94
  • Parcel #: 5205-05-00-3432
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 41.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 9, 2024
Sold by
Horvath George William
Bought by
Deangelis-Bush Deborah
Seller's Agent
Kelley Sarantis
Bob Hodges and Sons Realty
Buyer's Agent
Geri Davis
EXP Realty LLC
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%
Original Mortgage
$330,000
Outstanding Balance
$326,323
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$60,424

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jun 11, 2024
Sold by
Minto Communities Llc
Bought by
Horvath George William
Seller's Agent
Kelley Sarantis
Bob Hodges and Sons Realty
Buyer's Agent
Geri Davis
EXP Realty LLC
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$326,323
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$60,424
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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®

Tax History Compared to Growth

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

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Geri Davis

    EXP Realty LLC

    (856) 495-8630

    11 in this area

    20 Total Sales

    Geri Davis
    Section Image
  • Kelley Sarantis

    Seller's Agent in 2024

    Kelley Sarantis

    Bob Hodges and Sons Realty

    (954) 263-4924

    301 in this area

    321 Total Sales

    Kelley Sarantis
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1200176

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 $390,000, approximately $295 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.

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