Price Reduction - Water Views - Fixer Upper
Address
401 Driftwood Avenue, Daytona Beach, FL
Price
$ 299,000
Property Attributes
- MLS#1225694
- TypeSingle Family
- Listing Status Pending
- CountyVolusia
- CityDaytona Beach
- AreaDaytona Peninsula N of Seabreeze
- NeighborhoodWhanorsham
- Zip32118
- Style
- Year Built1952
- Taxes$ 1952
- Price$ 299,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2355
- Lot Size0.27 Acres
Data Source:
Daytona Beach AOR
Property Description
PRICE REDUCED TO $299,000! Investor alert! This is a rare beachside value-add opportunity at 401 Driftwood Avenue, situated on a generous 0.27-acre corner lot with approximately 2,355 square feet, 3 bedrooms, 2 baths, a 2-car garage and ocean views from the primary bedroom. Located in an established beachside neighborhood just minutes from the Atlantic Ocean, this property offers tremendous potential for an investor, renovator or buyer looking to create a customized coastal residence. No HOA, city water and sewer. The existing home offers a spacious layout, original hardwood floors, abundant natural light, mature landscaping, a large upper-level walkout deck, and a unique spiral concrete staircase providing access between levels and the garage. Concrete block construction beneath the wood siding adds appeal for a renovation project. Existing improvements include a roof replaced approximately 2018/2019, two A/C systems installed approximately 2018 and 2021, a downstairs water heater approximately 6-7 years old, partial plumbing updates completed in 2022, well irrigation, multiple updated windows and solar panels. A significant additional benefit is the existing VA assumable first mortgage. The approximate current mortgage balance is $257,000 with an exceptionally attractive 2.25 percent interest rate, a principal and interest payment of approximately $1,197.97 per month, and a maturity date of May 2051. The VA mortgage is assumable by a qualified buyer, subject to approval and qualification with the existing lender and all applicable VA and lender requirements. Cash purchase is also welcomed. The existing solar financing also carries an exceptionally low 1.49 percent interest rate. The solar loan balance as of 8/17/2026 is approximately $49,165, with a monthly payment of $314.45 and a final scheduled payment date of 3/27/2041. The solar loan must be assumed by the buyer or paid in full by the buyer at closing, subject to applicable lender/provider requirements. This property is being offered strictly AS-IS and presents an excellent opportunity to renovate and create value in a desirable beachside location. Whether you are an investor searching for your next renovation project, a cash buyer looking for a beachside opportunity, or a qualified buyer interested in the existing 2.25 percent interest rate. VA assumable mortgage, 401 Driftwood Avenue deserves a closer look. All property, mortgage, solar financing, payment, balance, interest rate, maturity date, property condition, dimensions, improvements and other information provided herein is believed to be accurate but is not guaranteed. Buyer and buyer's agent are responsible for conducting their own independent due diligence and verifying all information deemed important to the buyer, including but not limited to property condition, measurements, zoning, permitting, renovation potential, financing terms, loan assumption requirements, lender approval, VA eligibility and requirements, solar loan terms, utility costs, taxes, insurance and intended use. Buyer should independently confirm all financing information with the appropriate lender/provider. VA mortgage assumption is subject to buyer qualification and approval by the existing lender and all applicable requirements. Property is being sold AS-IS.
| High School |
|---|
| Seabreeze High School |
| Price History | |
|---|---|
| 4/25/2026 | Listed $375,000 |
| 6/17/2026 | 7$350,000 |
| 8/12/2026 | 3$339,900 |
| 8/17/2026 | 12$299,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | Electricity Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Membrane,Other |
| Appliances | Washer,Refrigerator,Electric Range,Dryer |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck,Front Porch |
| Architectural Style | Mid-Century Modern |
| Construction Materials | Block,Wood Siding |
| Year Built | 1952 |
| View | Ocean,Trees/Woods |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Current Use | Residential,Single Family |
| County | Volusia |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Whanorsham |
| Facing Direction | South |
| Garage Y/N | true |
| Total Rooms | 8 |
| Full Baths | 2 |
| Status | Pending |
| Directions | From Seabreeze Ave and A1A: Head North on A1A and go just past Peggy Schnebly Recreation Center- turn Left onto Driftwood Ave. House on right side corner of Driftwood and Flagstone Dr. |
| High School | Seabreeze |
| City | Daytona Beach |
| Senior Community Y/N | false |
| MLS Area | 15 - Daytona Peninsula N of Seabreeze |
| Lot Size Units | Acres |
| Lot Size Square Feet | 11761.2 |
| Carport Y/N | false |
| Property Attached Y/N | false |
| Tax Annual Amount | 1952.83 |
| Property Condition | Fixer |
| MLS Area Minor | 15 - Daytona Peninsula N of Seabreeze |
| Standard Status | Pending |
| Legal Description | LOT 10 BLK 3 SEC A WHANORSHAM UNIT 1 MB 11 PG 253 PER OR 5183 PG 0203 PER OR 6458 PGS 2135-2136 PER OR 6590 PG 3928 |
Interior Features
| Interior Amenities | Pantry |
|---|---|
| Flooring | Wood |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 3 |
| Entry Level | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony,Impact Windows |
|---|---|
| Fencing | Wrought Iron |
| Parking Features | Garage |
| Lot Features | Corner Lot,Sprinklers In Front |
| Water Source | Public |
| Lot Size Area | 0.27 |
| Foundation Details | Block |
| Building Area Total | 3620 |
| Lot Dimensions | 95.0 ft x 125.0 ft |
| Lot Size Acres | 0.27 |
| Road Surface Type | Asphalt |
| Waterfront Y/N | false |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32118
Price
Taxes
Year Built
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