Port Orange, FL 32127,5070 Orange BLVD
Port Orange, FL 32127,5070 Orange BLVD
Port Orange, FL 32127,5070 Orange BLVD
Port Orange, FL 32127,5070 Orange BLVD
Port Orange, FL 32127,5070 Orange BLVD
Port Orange, FL 32127,5070 Orange BLVD
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$ 1,100,000
Est. payment | /mo

6 Beds

3 Baths

2,240 SqFt


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$ 1,100,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,240 SqFt

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 1213583

Bedrooms 6

Full Baths 3

Year Built 1974

Annual Tax Amount $6,905

Lot Size 0.300 Acres

Lot Dimensions 0.3

Property Sub-Type Triplex

Source Daytona Beach Area Association of REALTORS®

Property Description

GREAT INVESTMENT OPPORTUNITY IN PORT ORANGE ZONED SHORT TERM AND LONG-TERM RENTAL. This beautifully renovated Triplex presents a rare and lucrative investment opportunity. Currently used in Shor term vacationing. Each unit of 750 sqft is totally renovated, 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, secure white vinyl fence. The property features a fully fenced backyard designed for relaxation, entertainment, privacy and enjoyment to make your experience memorable. 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 per unit per night
Strong and consistent income stream with a 9.60 Cap Rate

This Triplex gem is a rare find, combining style, comfort, and outstanding income potential. Whether you're expanding your portfolio or entering the short-term rental market, this triplex offers everything needed for a high-performing investment.
3-Unit Apartment Building
" Price: $1,100,000 ($366,667 per unit)
Cap Rate: 9.6
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Location

State FL

County Volusia

Community Norwood

Direction South on US 1, right on Orange Blvd. Property on left

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Off Street

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

Roof Type Shingle

Garage No

Building

Lot Description Other

Water Public

Structure Type Block,Concrete

New Construction No

Others

Senior Community No

Tax ID 6310-12-15-0120

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Heritage Realty Associates
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5070 Orange BLVD