LKV Realty
Logo
$315,000
$1,650Reward *
127 W PALMETTO Avenue, Deland, FL 32720Listing ID O6269152

127 W PALMETTO Avenue, Deland, FL 32720

Active
HILLCREST
Time on site: 570 daysLast updated: Nov 11, 2025
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
1,601
Acres
Acres
0.28
Days on Site
Days on Site
570
Cooling
Cooling
Central Air
Heating
Heating
Electric
Year Built
Year Built
1962
Stories
Stories
1

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, 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!

Property Information

Property Details

Location

Address
127 W PALMETTO Avenue
County
Volusia
City
Deland
Zip Code
32720
Subdivision
HILLCREST
MLS Area
32720 - Deland

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1

Building

Building Information

Square Feet
1,601
Year Built
1962
Stories
1
Construction
Block
Foundation
Concrete Perimeter
Roof
Metal

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,606
Tax Year
2024
ELEGANT REALTY LLC, (407) 985-2840

Market Report for 32720

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

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.

For corrections to this data please contact Brytecore MLS Support.

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