5070 Orange Boulevard, Port Orange, FL 32127
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  • MLS#: 1213583 ( Residential Income )
  • Street Address: 5070 Orange Boulevard
  • Viewed: 14
  • 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. 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. 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, and great income potential. Don't miss out schedule your private touring today!
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Features
Building and Construction
  • Fencing: Vinyl
  • Flooring: Vinyl
  • Roof: Shingle
Land Information
  • Lot Features: Other
Garage and Parking
  • Parking Features: Off Street
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: None
Other Features
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • 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
  • Parcel Number: 6310-12-15-0120
  • Views: 14
Owner Information
  • Owner Pays: Cable TV, Common Area Maintenance, Electricity, Exterior Maintenance, Grounds Care, Hot Water, HVAC Maintenance, Insurance, Pest Control, Repairs, Sewer, Taxes, Trash Collection, Water