1450 S Palmetto Ave., Daytona Beach, FL 32114

Sprucewood is right near the Daytona Beach Golf and Country Club and is composed of all one bedroom units measuring just under 700 SF each. The average in place rent is $1,115, most recent leases are at $1,150 and newly advertised leases are starting at $1,200 per month. The shingle pitched roof was replaced in 2021. While a property wide remodel was not the intention, a lighter $7,000 per unit has been spent as needed since 2020 on HVAC units, appliances, water heaters, cabinets, countertops, flooring, etc. Seller has another offering of 27 units available. See MLS #R4907510.