Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1932
Sq.Footage
2,966
Motivated Seller – Bring Offers! Prime Downtown Daytona Opportunity with Owner Financing Available! Located at 544 S Palmetto Ave in the highly desirable RDD-6 Downtown Redevelopment District, this historic 1912 property offers unmatched flexibility for investors, business owners, and end-users looking to capitalize on one of Daytona Beach’s fastest-growing corridors. Positioned on a prominent .26-acre corner lot just one block from the marina and minutes to the beach, Speedway, and Riverfront, this property is perfectly suited for a wide range of uses beyond its current Bed & Breakfast operation. Ideal for boutique office space, retail conversion, mixed-use development, event venue, or continued hospitality—this is a true value-add opportunity in a high-growth redevelopment zone. The home itself blends timeless character with modern upgrades, featuring original hardwood floors, multiple expansive common areas, a coquina sunroom, and a grand parlor with a wood-burning fireplace. Four guest suites with private baths plus a separate owner’s quarters provide immediate income or flexible occupancy options. A detached caretaker’s unit adds even more versatility. Recent improvements include a newer roof, updated AC, electrical upgrades, hurricane-rated Andersen windows, fire suppression system, and security system—offering peace of mind for both investors and operators. Offered fully furnished and currently operating, this property is turnkey if desired—but the real upside lies in its zoning and redevelopment potential. Seller is highly motivated and open to creative terms, including possible owner financing. Opportunities like this in the Downtown Redevelopment Area are rare—don’t miss your chance to secure a prime piece of Daytona Beach with multiple paths to income and appreciation.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stone, Stucco
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.26
-
Lot Size(square feet)
11600.0
-
Property Type
Commercial Sale
-
Property Sub Type
Hotel/Motel
Price
-
Sales Price
$750,000
-
Tax Amount
$8,650
-
Sq. Footage
2, 966
-
Price/SqFt
$252
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Ownership
Corporation
-
Sewer
Public Sewer
-
Tax Lot
0
-
Water Source
Public
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Travous Dever , THE KEYES COMPANY
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