Turnkey Triplex Investment in Prime Port Orange Location - Zoned for Short & Long-Term Rentals Price: $1,050,000 | $350,000 / Unit | 9.6 Cap Rate. An exceptional opportunity for savvy investors-whether 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 create 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!
Listed By
Agency Name: HERITAGE REALTY ASSOCIATES
Agency Contact: 386-516-5611
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimated Payment
$ 6,073.95 per month $5,269.20 Principal & Interest $516.00 Property Tax $288.75 Homeowner's Insurance
5070 Orange Boulevard | MLS# O6374741
This home located at 5070 Orange Boulevard, Port Orange, FL 32127 is currently listed for sale with an asking price of $990,000. This property was built in 1974 and has 6 bedrooms and 3 full baths with 2240 sq. ft. Orange Boulevard is located in the NORWOOD subdivision. Search NORWOOD real estate on www.adamscameroncommercial.com today.