$1,050,000 for Sale
5070 orange boulevard , port orange, FL 32127
| Beds 0 | Baths 0 | 2,240 Sqft | 0.31 Acres |
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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: $1,050,000 ($355,000/ unit) has a 9.60 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!
General Information
Sale Price: $1,050,000
Price/SqFt: $469
Status: Active
MLS#: O6316187
City: port orange
Post Office: port orange
County: Volusia
Subdivision: norwood
Acres: 0.31
Bedrooms:0
Bathrooms:0
House Size: 2,240 sq.ft.
Acreage: 0.31 est.
Year Built: 1974
Property Type: Triplex
Style:
Features & Room Sizes
Paved Road: Asphalt, Paved
Garage: No
Construction: Block, Concrete
Exterior Misc: Fenced, Lighting, Outdoor Grill, Sliding Doors
Pool: Yes
Pool Description: Above Ground, Heated
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $6,905
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
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Lor Clark of HERITAGE REALTY ASSOCIATES, Phone: 386-516-5611
