Great New Price! Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
Great location in Pine Lakes. Built in 2020, this Beautiful duplex boast 6 bedrooms 4 full baths 2946 living space with two-2 car garages. Convenient Access to US-1 & I-95. Beaches are close with schools, shopping, Health Care facilities, pharmacies & banks, nearby. Conveniently located paved trails for outdoor activities such as, walking, biking, etc...These Units have a Large open floor plans making family gatherings and entertaining fun & easy. Very spacious Kitchen gives you upper & lower cabinets with a Pantry for storage. Kitchen features; Granite Counter tops, Stainless Steel Appliances & Soft-Close Drawers & Cabinetry. Luxury vinyl plank flooring throughout! Tray Ceiling & in the Great Room & ALL Bedrooms have fans & blinds. Master Suites features walk-in closets & walk-in showers. Each unit partially fenced providing each unit rear privacy. Sprinkler system on well. Great Investment opportunity! One side is currently month to month and other side is leased long term.
The median home value in Ormond Beach, FL is $238,700. This is higher than the county median home value of $201,100. The national median home value is $219,700. The average price of homes sold in Ormond Beach, FL is $238,700. Approximately 63.41% of Ormond Beach homes are owned, compared to 22.35% rented, while 14.24% are vacant. Ormond Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ormond Beach real estate agent to arrange a tour today!
Ormond Beach, Florida 32174 has a population of 41,238. Ormond Beach 32174 is less family-centric than the surrounding county with 19.93% of the households containing married families with children. The county average for households married with children is 21.19%.
The median household income in Ormond Beach, Florida 32174 is $51,152. The median household income for the surrounding county is $43,838 compared to the national median of $57,652. The median age of people living in Ormond Beach 32174 is 51.5 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 47.3 degrees. The average rainfall is approximately 51.6 inches per year, with 0 inches of snow per year.