See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

198 Gypsy Palace Ln, Daytona Beach, FL, 32124

2beds
2baths
1,464sqft
$386,495
$264price/sqft
$2,937/moest. monthly cost
$117,480/yrincome needed

About This Home

Charming Dreamsicle Cottage located in Latitude Daytona Beach, just steps from Salt Shaker Park. This light-filled home offers an open floor plan with a stylish kitchen featuring granite countertops and a designer tile backsplash. The owner's suite includes a spacious walk-in closet and a beautifully finished bath with double vanities and a floor-to-ceiling tiled shower. A versatile den or hobby room provides additional space for guests or a home office. Ceramic tile flooring flows throughout. Enjoy outdoor living on the wraparound porch, plus a two-car garage and an additional assigned parking space. Live the good life with access to a vibrant community town center, where live music fills the air every Friday and Saturday night. Unwind at the stunning tropical lagoon-style resort pool, with live music daily, or enjoy two additional heated pools including a sports pool and an indoor lap pool. Sports lovers will enjoy tennis, pickleball, bocce, and pool volleyball, while furry friends have their own space at the golf cart-friendly dog park. Unleash your creativity in the pottery and woodworking studios, catch a show at the theater, or relax at the Bar & Chill restaurant with neighbors and friends. A private oceanfront beach club, complete with loungers, umbrellas, and a heated pool, adds the perfect coastal touch to this exceptional lifestyle. With lawn care, landscaping, exterior painting, and roof maintenance included, you'll have more time to enjoy everything this beautifully planned community has to offer. Schedule your private tour today and experience the resort-style lifestyle that awaits in Latitude of Daytona Beach! All information recorded in the MLS is intended to be accurate but cannot be guaranteed.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
25
BikeSomewhat Bikeable

Schools

3/10
4/10
Mainland High SchoolGrades 9-124.3 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Tankless Water Heater,Refrigerator,Microwave,Gas Water Heater,Electric Range,Disposal,Dishwasher
  • Laundry features: Electric Dryer Hookup,In Unit,Washer Hookup

Bedroom1

  • Level: Main
  • Area: 154.8
  • Dimensions: 12.00 x 12.90

Bedroom2

  • Level: Main
  • Area: 125.364
  • Dimensions: 10.11 x 12.40

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Den

  • Level: Main
  • Area: 99.96
  • Dimensions: 8.40 x 11.90

Dining Room

  • Level: Main
  • Area: 135.6
  • Dimensions: 11.30 x 12.00

Features

  • Kitchen Island,Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Tile

Great Room

  • Level: Main
  • Area: 256.5
  • Dimensions: 15.00 x 17.10

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,160
  • Total interior livable area: 1,464 sqft

Kitchen

  • Level: Main
  • Area: 132
  • Dimensions: 11.00 x 12.00

Other

  • Level: Main
  • Area: 159.8
  • Dimensions: 9.40 x 17.00

Property

Details

  • Parcel number: 520505003458
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch,Wrap Around
  • Spa features: Community,Heated,In Ground

Lot

  • Lot size: 4,356 sqft

Parking

  • Total spaces: 2
  • Parking features: Assigned,Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Wildfire
Inland Flooding
Tornado
Tsunami

FEMA Declared Disasters in Volusia County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,954$23,448
Home Insurance *$190$2,280
Property Taxes $596$7,152
Electricity $197$2,366
Total$2,937$35,244
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,697/yr
40% on housing$88,110/yr
45% on housing$78,320/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$264This listing

vs Other Active Listings

Avg $/sqft

ZIP 32124$214
Volusia County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 32124$208
Volusia County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Price change$394,900
2026-01-21Listed for sale$399,900
2025-09-26Listing removed$395,000
2025-07-25Price change$395,000
2025-06-25Listed for sale$389,900
2025-04-24Listing removed$398,995
2025-02-23Price change$398,995
2024-10-21Listed for sale$399,995
2024-10-11Pending sale$399,995
2024-08-27Price change$399,995
2024-08-19Price change$409,900
2024-07-28Price change$417,000
2024-07-12Listed for sale$439,900

For Sale by Agent

AgentDanny Robinson
BrokerageRealty Pros Assured

Similar Homes