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5070 Orange Boulevard, PORT ORANGE, FL 32127
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5070 Orange Boulevard
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  • MLS#: O6316187 ( Residential Income )
  • Street Address: 5070 Orange Boulevard
  • Viewed: 13
  • Price: $1,050,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • Geolocation: 29.1307 / -80.9834
  • County: VOLUSIA
  • City: PORT ORANGE
  • Zipcode: 32127
  • Subdivision: Norwood
  • Provided by: HERITAGE REALTY ASSOCIATES
  • Contact: Lor Clark
  • 386-516-5611
  • mfrmls
  • 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: $1,050,000 ($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!
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Fence
  2. Lighting
  3. Outdoor Grill
  4. Sliding Doors
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Interior Features
  1. Eat-in Kitchen
  2. Kitchen/Family Room Combo
  3. Open Floorplan
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
Living Area
  1. 2240.00
Area Major
  1. 32127 - Port Orange/Ponce Inlet/Daytona Beach
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 6310-12-15-0120
Pool Features
  1. Above Ground
  2. Heated
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 16
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Public
  4. Sewer Connected
  5. Water Connected
Views
  1. 13
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6316187
Water Source
  1. Public
Year Built
  1. 1974
Zoning Code
  1. RESI
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