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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/ 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 provide 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, and great income potential. Don't miss out - schedule your private touring today!
Property Type(s):
Multi Family
| Last Updated | 6/6/2025 | Tract | NORWOOD |
|---|---|---|---|
| Year Built | 1974 | Community | 32127 - Port Orange/Ponce Inlet/Daytona Beach |
| County | Volusia |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32127 - Port Orange/Ponce Inlet/Daytona Beach |
| CONSTRUCTION | Block, Concrete |
| EXTERIOR | Lighting, Outdoor Grill |
| HEAT | Central |
| INTERIOR | Eat-in Kitchen, Open Floorplan |
| LOT | 0.31 acre(s) |
| POOL | Yes |
| POOL DESCRIPTION | Above Ground, Heated, Private |
| SEWER | Public Sewer |
| SUBDIVISION | NORWOOD |
| TAXES | 6905 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listing provided by Lor Clark, HERITAGE REALTY ASSOCIATES, 386-516-5611
Information on this website is being provided 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. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Pinellas Suncoast Association of Realtors (PSAR). All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal.
Last updated 6/7/25 11:33 AM PDT.
Last updated 6/7/25 11:33 AM PDT.
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