5070 ORANGE BLVD Active Save Request In-Person Tour Request Virtual Tour
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
Year Built 1974
Annual Tax Amount $6,905
Lot Size 0.310 Acres
Property Sub-Type Triplex
New Construction false
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. Roof is only 4 years old. ACs 2 less than 2 years old. 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. Washer and dryer set in each unit. The comfort of outdoor seating, BBQ grill, a hot tub, and a kid-friendly playground all set within a private atmosphere give 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, convenience 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
Heating Central
Cooling Central Air
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
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Others
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6316187