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.
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 are leaving at the end of April 2025, ADU tenant’s lease ends in February 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.
Low-Maintenance & Move-In Ready – 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.
This potential cash-flowing, low-maintenance property is 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!
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.
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 are leaving at the end of April 2025, ADU tenant’s lease ends in February 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.
Low-Maintenance & Move-In Ready – 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.
This potential cash-flowing, low-maintenance property is 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 Details
Price:
$365,000
MLS #:
O6269152
Status:
Active
Beds:
4
Baths:
2.5
Address:
127 W PALMETTO AVENUE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HILLCREST
Neighborhood:
32720 – Deland
City:
DELAND
Listed Date:
Jan 27, 2025
State:
FL
Finished Sq Ft:
1,601
Total Sq Ft:
1,601
ZIP:
32720
Lot Size:
12,607 sqft / 0.28 acres (approx)
Year Built:
1962
Schools
Interior
Appliances
Dryer, Microwave, Range Hood, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Electric
Laundry Features
Inside
Exterior
Construction Materials
Block
Exterior Features
Garden
Roof
Metal
Financial
Tax Year
2024
Taxes
$5,606
Map
Community
- Address127 W PALMETTO AVENUE DELAND FL
- SubdivisionHILLCREST
- CityDELAND
- CountyVolusia
- Zip Code32720
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Courtesy of DMIC INVESTMENTS LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 127 W PALMETTO AVENUE
DELAND, FL
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