FL
Volusia
DAYTONA BEACH
32118
401 DRIFTWOOD AVENUE
401 DRIFTWOOD AVENUE, DAYTONA BEACH, FL 32118
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Listing Type
Single Family
Listing Status
Active
39
$299,000

Home Details for 401 DRIFTWOOD AVENUE

Price
$299,000
Type
Residential
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Square feet
2355
Year built
1952
Lot size acres
0.27
County
Volusia
Total rooms
8
Garage
2
Days on site
122
MLS Listing#
NS1088035
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 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.

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Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Heating Information
    • Central
    • Electric
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Garage
    • 1
  • Parking
    • Attached
School Information
School Information for 401 DRIFTWOOD AVENUE, DAYTONA BEACH, FL 32118
Elementary School
N/A
Middle School
N/A
High School
Seabreeze High School
Listing Courtesy: PREMIER SOTHEBYS INTL REALTY - 386-761-2172
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-08-24 18:50:11
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EXIT BEACH REALTY
1650 Ocean Shore Blvd, Ormond Beach, FL 32176
Office
386 441 1141
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