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  • MLS#: 1213583 ( Residential Income )
  • Street Address: 5070 Orange Boulevard
  • Viewed: 52
  • Price: $1,100,000
  • Price sqft: $393
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 2800
  • Bedrooms: 6
  • Total Baths: 3
  • Full Baths: 3
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: Port Orange
  • Zipcode: 32127
  • Subdivision: Norwood
  • Provided by: Heritage Realty Associates
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • 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 per 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 offer 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 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, convenience and great income potential. Don't miss out schedule your private touring today!
Property Features
Possible Terms
  1. Cash
  2. Conventional
Appliances
  1. Washer
  2. Refrigerator
  3. Microwave
  4. Electric Range
  5. Dryer
  6. Dishwasher
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Fencing
  1. Vinyl
Flooring
  1. Vinyl
Heating
  1. Central
Legal Description
  1. 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
Lot Features
  1. Other
Owner Pays
  1. Cable TV
  2. Common Area Maintenance
  3. Electricity
  4. Exterior Maintenance
  5. Grounds Care
  6. Hot Water
  7. HVAC Maintenance
  8. Insurance
  9. Pest Control
  10. Repairs
  11. Sewer
  12. Taxes
  13. Trash Collection
  14. Water
Parcel Number
  1. 6310-12-15-0120
Parking Features
  1. Off Street
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. None
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Sewer Connected
  4. Water Connected
Views
  1. 52
Water Source
  1. Public
Year Built
  1. 1974