Homes for sale - 5070 ORANGE BLVD, Port Orange, FL 32127

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $491

Subdivision Norwood

MLS Listing ID O6316187

HOA Y/N No

Year Built 1974

Annual Tax Amount $6,905

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Triplex

Source Stellar MLS

Property Description

GREAT INVESTMENT OPPORTUNITY IN PORT ORANGE ZONED SHORT TERM AND LONG-TERM RENTAL. Whether you're expanding your portfolio or entering the short-term rental market, this gorgeous triplex offers everything needed for a high-performing investment. 3-Unit Apartment Building ''Price: $1,100,000 ($366,667/ unit) has a 9.6 Cap Rate. Beautifully renovated Triplex presents a rare and lucrative investment opportunity. Currently used in short term vacationing. Each unit of 750 sqft is totally updated, elegantly designed and turnkey ready. Each unit offers 2 spacious bedrooms and 1 fully renovated bathroom, open concept living area with comfortable, modern features, Eat-in dining space and fully equipped kitchens with brand-new, high-end appliances including stove, microwave, full-size refrigerator, dishwasher, toaster, and coffee maker. All kitchenware and cooking essentials are included. The comfort of outdoor seating, BBQ grill, a hot tub, and a kid-friendly playground all set within a private atmosphere provide an outstanding and a memorable experience to your guests. Nestled in a quiet, desirable Port Orange neighborhood, this property is just minutes from the beach, local dining, shopping, parks, and essential services. It's also only a few miles from vibrant Daytona Beach - home to year-round events, including NASCAR races, Bike Weeks events, Rockville Concerts, and all beachfront festivals.
Each unit accommodates up to 6 guests. High-end finishes and stylish decor throughout. Proven short-term rental potential with established booking platforms.
Rental rates during peak seasons can reach up to $500/ unit/ night
Strong and consistent income stream with a 9.60 Cap Rate.
This Triplex gem is a rare find, combining style, comfort, and great income potential.
Don't miss out - schedule your private touring today!

Location

State FL

County Volusia

Community Norwood

Area 32127 - Port Orange/Ponce Inlet/Daytona Beach

Zoning RESI

Interior

Interior Features Eat-in Kitchen,Kitchen/Family Room Combo,Open Floorplan

Heating Central

Cooling Central Air

Fireplace false

Laundry Inside,Laundry Closet

Exterior

Exterior Feature Fence,Lighting,Outdoor Grill,Sliding Doors

Pool Above Ground,Heated

Utilities Available Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected

Roof Type Shingle

Garage false

Private Pool Yes

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None