Colonial Townhouse

About Colonial Townhouse

Colonial Townhouse is a complex from the mid-1970s whose buildings use two street addresses on Palmetto Avenue. It is two registered condos, Phase I with 36 units and Phase 2 with 28, side by side. Every unit has two floors: the living area and kitchen downstairs, two bedrooms upstairs, and a fenced private patio out back. Units at 2200 S Palmetto are usually about 1,120 square feet, and those at 2250 S Palmetto about 1,390.

Legally these are condos, so the association insures and maintains the buildings, but they live like townhouses, with your own front door and no one above or below you. The complex isn't on the water itself; the river is a short walk away. For buildings from the 1970s, ask about the roof, windows, plumbing and what the association has updated.

Building amenities

The community has a large pool in the middle of the complex. The association takes care of the grounds and the outside of the buildings.

Location

Palmetto Avenue runs near the Halifax River in South Daytona, and the riverfront is a short walk away. Shopping, restaurants, the colleges and the hospitals are a short drive, and the beach is a few minutes away over the bridges to the beachside.

Units in Colonial Townhouse

Units are two-bedroom, two-story condos of about 1,120 to 1,122 square feet. Right now 3 units are for sale, asking from $125,000 to $150,000, with a median of $150,000.

Fees, rules and rentals

Monthly fees run about $360 to $420. They usually include water, sewer, trash, building insurance, the roof and exterior paint, the pool and grounds care, and often basic cable and internet. Check the exact fee and what it covers on each listing.

Pets are allowed; confirm the current pet rules with the association. Ask it about rental rules before you buy, and ask for the budget, the reserves and any planned special assessments. Each phase is its own condo, so make sure you're looking at the right one's documents.

Parts of the complex sit in or right next to a FEMA high-risk flood zone. Check the flood zone box on each listing, ask what the association's flood policy covers, and ask how the unit and buildings fared in recent storms.