261 GYPSY PALACE LANE, DAYTONA BEACH, FL, 32124
Active10 days on marketListed Jul 26, 2026MLS #S5154445
About this home
261 GYPSY PALACE LANE
Wonderful location, phase 5. Live the ultimate resort lifestyle in this beautifully furnished Camellia Cottage, available for lease in the award-winning 55+ community of Latitude Margaritaville Daytona Beach. This exceptional home offers the perfect combination of luxury, comfort, and world-class amenities—where every day feels like a vacation. This immaculate residence features 2 bedrooms, 2 full bathrooms, and a spacious 2-car garage with a bright, open-concept floor plan designed for effortless living and entertaining. The expansive living and dining areas showcase soaring ceilings and abundant natural light, creating a warm and inviting atmosphere. The gourmet kitchen is beautifully appointed with elegant cabinetry, granite countertops, a full suite of stainless-steel appliances, and ample counter space for preparing meals or entertaining guests. The private owner's suite offers a spacious walk-in closet and a spa-inspired bathroom featuring a large glass-enclosed walk-in shower. The guest bedroom also includes a walk-in closet, providing comfort and privacy for family or visitors. As a resident, you'll enjoy exclusive access to one of Florida's premier active adult communities, featuring resort-style pools, a state-of-the-art fitness center, an on-site restaurant and bar, pickleball, tennis, bocce ball, scenic walking and biking trails, live entertainment, and countless social clubs and activities. The private Beach Club in Ormond Beach offers direct ocean access, a beachfront pool, complimentary lounge chairs and umbrellas, and convenient shuttle service. Additional amenities include a theater, game room, business center, pottery studio, woodworking shop, and wine-tasting room, creating an unmatched lifestyle unlike any other. Lawn maintenance and access to all community amenities are included. Conveniently located near shopping, dining, medical facilities, and just minutes from the beach, this home offers the perfect opportunity to enjoy luxury resort living without the responsibilities of ownership. Move-in ready and available now. Schedule your private tour today and discover why Latitude Margaritaville is one of Florida's most desirable 55+ communities!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,308
Sqft
0.09 ac
Lot size
2
Garage
2024
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$179 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$179/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Daytona Beach actives
$2 vs $233
Days on market
10 vs 58 typical
Where $2/sqft sits among the 400 Daytona Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Daytona Beach
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Daytona Beach. See the full Daytona Beach guide →
DAYTONA BEACH 32124 — neighborhood snapshot
Population
9,592
Median age
51.8
Median income
$89,842
Median home value
$434,000
Avg household
2.18
Households w/ children
468
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Daytona Beach market
$262K → $268K
Daytona Beach median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
190 of 400
Daytona Beach actives have cut their price
Median sold price, Daytona Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the DAYTONA BEACH 32124 median. See the full Daytona Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 261 GYPSY PALACE LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$360,000
317 GYPSY PALACE LANE · same community
2 bd · 2 ba · 1,321 sqft · $273/sqft · 234 DOM
Sold · Apr ’26$375,000
309 GYPSY PALACE LANE · same community
2 bd · 2 ba · 1,205 sqft · $311/sqft · 131 DOM
Sold · Apr ’26$415,000
244 GYPSY PALACE LANE · same community
2 bd · 2 ba · 1,466 sqft · $283/sqft · 147 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 261 GYPSY PALACE LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 261 GYPSY PALACE LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
261 GYPSY PALACE LANE FAQs
What would the monthly payment be for 261 GYPSY PALACE LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $179/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 261 GYPSY PALACE LANE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Daytona Beach?+
At $2,600, this home is listed about 99% below the Daytona Beach median of $293,587. The market section on this page shows how the area is trending.
Which schools are assigned to 261 GYPSY PALACE LANE?+
Champion Elementary School (elementary), David C. Hinson Senior Middle School (middle), Mainland High School (high) — Volusia County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of LA ROSA REALTY KISSIMMEE · Zonia O'Connor, LLC. MLS #S5154445.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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