Port Orange FL Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1947
- Baths:
- 4.00
- MLS#:
- V4939427
- Subdivision:
- Wilbur By Sea 01
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Courtesy: NEXT GEN REALTY
386-492-7837
Doris Yount
ADDITIONAL INFORMATION
ESTATE SALE Rare grandfathered quadruplex located in the sought-after Wilbur by the Sea community, just north of Ponce Inlet and just south of Daytona Beach. This exceptional property features four distinct units: a spacious two-bedroom unit, two large efficiencies, and a one-bedroom unit, offering flexible rental income potential at below market rents. Highlights include a shared laundry room for all units, ample off-street parking on-site, and a prime location just steps from a public boardwalk with Atlantic Ocean beach access. This estate sale presents significant investment potential—perfect for a 1031 exchange or an ideal setup to live in one unit while the others cover the mortgage. A new roof was installed in 2014, and there has been no hurricane damage to the building.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1950
- Baths:
- 4.00
- MLS#:
- O6230846
- Subdivision:
- Allandale
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Courtesy: SLOANE REALTY, LLC
407-829-2418
Matt White
ADDITIONAL INFORMATION
3 apartments plus a large storage yard that has an RV pad with full water, electric, and sewer hookups. Commercial Zoning, Approved for Mixed-Use Including Retail, Apartments, Storage, and Residential. Apt 1, featuring 1 bed/1 bath, is currently leased at $995. Apt 2, offering the same layout, commands $950/month. Apt 3, boasting 2 beds/2 baths is leased at $1,595 monthly. Landlord pays water and tenants pay electric. The storage lot/RV Pad was formerly leased at $700/month. This property's maintenance has been meticulously attended to, with the roof and central AC replaced in 2019 (1 bed units have window AC's). Additional updates such as upgraded electrical systems and water heaters replaced in 2015 and 2019 ensure modern functionality and efficiency. Plumbing infrastructure features CPVA/PVC. This property offers a hassle-free management experience. Whether you're seeking an excellent income investment or considering owner occupancy, this property provides a versatile and lucrative opportunity. Don't miss out on this rare chance to acquire a meticulously maintained income property in a highly sought-after location. Commercial zoning within the Ridgewood development district. Permitted uses include Retail, Storage, Multifamily, Pawnshop, appliance/electronic repair shop, Boat sales, Fraternal Organizations, industrial equipment supplies, Convenience stores with or without fuel, equipment rental, funeral home, Greenhouse/Nursery, Health/exercise club, Hotel, manufacturing, medical office, Mobile home sales, Offices, Restaurant, Tattoo establishment, and much more. Prime location near beaches, the Intercoastal, shopping centers, restaurants, and much more. Current owner pays $2,771 annual insurance premium and Real Estate taxes for 2023 were $5,689
- Type:
- Other
- Sq.Ft.:
- 3,804
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.42 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- 1115488
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Courtesy: Coldwell Banker Commercial Benchmark
386-672-8530
ADDITIONAL INFORMATION
This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a standalone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it's prime location, it's a multifamily gem with a lucrative commercial component. Don't miss out on this outstanding investment.
Port Orange Real Estate
The median home value in Port Orange, FL is $383,500. This is higher than the county median home value of $333,000. The national median home value is $338,100. The average price of homes sold in Port Orange, FL is $383,500. Approximately 64.99% of Port Orange homes are owned, compared to 24.6% rented, while 10.41% are vacant. Port Orange 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 Port Orange real estate agent to arrange a tour today!
Port Orange, Florida has a population of 62,197. Port Orange is more family-centric than the surrounding county with 23.63% of the households containing married families with children. The county average for households married with children is 21.29%.
The median household income in Port Orange, Florida is $58,530. The median household income for the surrounding county is $56,786 compared to the national median of $69,021. The median age of people living in Port Orange is 46 years.
Port Orange Weather
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 47.3 degrees. The average rainfall is approximately 50.3 inches per year, with 0 inches of snow per year.