Active

$1,100,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2240 sq ft
Overview
  • ID: MFRO6316187
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2240 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$1,100,000
HOA Fee:
N/A
Tax Amount:
$6905
Price per SqFt:
$491.07
Tax Legal Description:
W 25 FT OF LOT 12 & LOT 13 BLK 15 NORWOOD PER OR 4269 PG 1936 PER OR 5365 PG 0838 PER OR 5677 PG 1742 PER OR 6009 PG 4590 PER OR 7297 PG 0873 PER OR 8426 PG 0732
Exterior Features
Lot Size:
13500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
Yes
Pool Features:
Above Ground, Heated
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1974
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Lighting, Outdoor Grill, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    5070 ORANGE BLVD
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