UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $491
Subdivision Norwood
MLS Listing ID 1213583
Bedrooms 6
Full Baths 3
Year Built 1974
Annual Tax Amount $6,905
Lot Size 0.300 Acres
Lot Dimensions 0.3
Property Sub-Type Triplex
Source Daytona Beach Area Association of REALTORS®
Property Description
''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!
Location
State FL
County Volusia
Community Norwood
Direction South on US 1, right on Orange Blvd. Property on left
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Off Street
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage No
Building
Lot Description Other
Water Public
Structure Type Block,Concrete
New Construction No
Others
Senior Community No
Tax ID 6310-12-15-0120
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional