127 W Palmetto Ave Deland, FL 32720
North DeLand NeighborhoodEstimated payment $2,247/month
Total Views
7,770
4
Beds
2.5
Baths
1,118
Sq Ft
$291
Price per Sq Ft
Highlights
- Great Room
- Tile Flooring
- Central Air
- No HOA
- Garden
- Combination Dining and Living Room
About This Home
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 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.
– 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, cafes, 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,606
Year Built
- Built in 1962
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 75x138
- East Facing Home
- Garden
- Property is zoned R-4
Parking
- 2 Carport Spaces
Home Design
- Metal Roof
- Block Exterior
- Concrete Perimeter Foundation
Interior Spaces
- 1,118 Sq Ft Home
- 1-Story Property
- Great Room
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Range Hood
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Air
- Heating Available
Community Details
- No Home Owners Association
- Hillcrest Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 19 / A
- Assessor Parcel Number 04-17-30-06-01-0190
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $5,335 | $270,753 | $45,872 | $224,881 |
| 2024 | $5,335 | $273,815 | $45,872 | $227,943 |
| 2023 | $5,335 | $259,511 | $30,739 | $228,772 |
| 2022 | $4,130 | $241,720 | $30,739 | $210,981 |
| 2021 | $3,710 | $158,960 | $20,808 | $138,152 |
| 2020 | $3,394 | $138,588 | $18,916 | $119,672 |
| 2019 | $2,951 | $127,041 | $16,551 | $110,490 |
| 2018 | $2,852 | $129,050 | $15,106 | $113,944 |
| 2017 | $2,542 | $97,245 | $14,213 | $83,032 |
| 2016 | $2,234 | $79,830 | $0 | $0 |
| 2015 | $2,140 | $74,559 | $0 | $0 |
| 2014 | $2,020 | $71,642 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2025 06/23/25 | Price Changed | $325,000 | -4.4% | $291 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $340,000 | -1.4% | $304 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $345,000 | 0.0% | $309 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $345,000 | -1.4% | $309 / Sq Ft |
| 05/06/2025 05/06/25 | Off Market | $350,000 | -- | -- |
| 05/04/2025 05/04/25 | Price Changed | $350,000 | -4.1% | $313 / Sq Ft |
| 03/10/2025 03/10/25 | Price Changed | $365,000 | -2.7% | $326 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $375,000 | -1.3% | $335 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $380,000 | -- | $340 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | Trident Title | |
| Warranty Deed | $165,000 | Downtown Title Services | |
| Warranty Deed | $175,000 | Westside Title Services Inc | |
| Warranty Deed | $115,000 | Volusia Title Services Inc | |
| Deed | $19,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $244,000 | New Conventional | |
| Previous Owner | $132,000 | New Conventional | |
| Previous Owner | $150,700 | New Conventional | |
| Previous Owner | $157,500 | Purchase Money Mortgage | |
| Previous Owner | $97,750 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Deland, FL
Source: Stellar MLS
MLS Number: O6269152
APN: 7004-06-01-0190
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.
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.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 0 No St Unit MFRV4941771
- 0 No St Unit MFRO6252389
- 0 No St Unit MFRV4938952
- 0 No St Unit 1101275
- 0 No St Unit 1121839
- 0 No St Unit MFRV4933386
- 0 No Street Name Unit MFRV4933310
- 201 Lake Gertie Rd
- No Street
- 0 North St Unit 1216611
- 0 North St Unit 1211817
- 0 Lots 22 & 23 Unit 11447502
- 0 Lots 22 & 23 Unit MFRO6288165
- 0 No Street -7108-01-13-0130 Unit MFRO6279099
- 0 No Street-7105-01-12-0010 Unit MFRO6279098
- 0 No Street-7001-13-00-1580 Unit MFRO6279097
- 0 Unit MFRO6279095
- #18 North St
- 1307 Cook St
- 2401 N Woodland Blvd
- 100 E Kentucky Ave Unit F7
- 301 Arrow Wood Trail
- 334 Cumberland Rd
- 2344 Litchfield Lp
- 2245 Litchfield Lp
- 2020 Buckhanon Trail
- 840 N Florida Ave
- 820 N Florida Ave
- 2003 Buckhanon Trail
- 1530 Smith St
- 510 Old Daytona Rd
- 1655 N Richland Ave
- 1657 N Richland Ave
- 735 N Clara Ave
- 200 Summer Shade Rd
- 430 W Hogle Ave
- 1370 Heather Glen Dr
- 1 Sunshine Blvd
- 605 N Amelia Ave
- 975 N Spring Garden Ave