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Wade M. Berlin

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Broker IDX Sites Inc.
We are the World
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5070 Orange Boulevard
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PRICED AT ONLY: $1,050,000

Address: 5070 Orange Boulevard, Port Orange, FL 32127

Description

Turnkey Triplex Investment in Prime Port Orange Location Zoned for Short & Long Term Rentals Price: $1,050,000 | $350,000 per Unit | 9.6 per cent Cap Rate. An exceptional opportunity for savvy investorswhether you're expanding your portfolio or stepping into the short term rental market, this beautifully renovated triplex in Port Orange checks all the boxes. This fully updated 3 unit property is currently operating as a successful short term vacation rental, offering strong income potential and flexible zoning for both short term and long term tenants. Each spacious 750 sq ft unit features: 2 bedrooms / 1 fully renovated bathroom Modern open concept living space Stylish eat in kitchens with brand new, high end appliances (stove, microwave, full size refrigerator, dishwasher, toaster, coffee maker) All cookware, utensils, and kitchenware included truly turnkey. In unit washer and dryer for each apartment. Contemporary furnishings and tasteful design throughout. 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!
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  • MLS#: 1213583 ( Residential Income )
  • Street Address: 5070 Orange Boulevard
  • Viewed: 86
  • Price: $1,050,000
  • Price sqft: $375
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 2800
  • Bedrooms: 6
  • Total Baths: 3
  • Full Baths: 3
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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: 86
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
Similar Properties

Details for 4989 Ridgewood Avenue, Port Orange, FL 32127
$999,999.00 ($262.88 / sqft )

4989 Ridgewood Avenue More Like This

This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a stand alone commercial restaurant sp

  1. Bedrooms: 8
  2. Baths: 8
  3. Approx. 3804 sqft
  1. MLSID: 1214539
  2. Provided by Coldwell Banker Commercial Benchmark
  3. Daytona Beach Area Association of REALTORS®
  4. DMCA Notice

Contact Info

  1. Broker IDX Sites Inc.
  2. We are the World
  3. 750.420.3943
  4. Toll Free: 005578193
  5. support@brokeridxsites.com
Wade M. Berlin