$1,100,000
Description
GREAT INVESTMENT OPPORTUNITY IN PORT ORANGE ZONED SHORT TERM AND LONG-TERM RENTAL. Whether you're expanding your portfolio or entering the short-term rental market, this gorgeous triplex offers everything needed for a high-performing investment. Roof is only 4 years old. ACs 2 less than 2 years old. 3-Unit Apartment Building ''Price: $1,100,000 ($366,667/ 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. Washer and dryer set in each unit. The comfort of outdoor seating, BBQ grill, a hot tub, and a kid-friendly playground all set within a private atmosphere give 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 Lor Clark, .
Property Highlights
- Property Type: Multi Family, Triplex
- MLS #: O6316187
Property Features
| Interior Square Footage | 2,240 |
| Lot Size Acres | 0.31 |
| Lot Size Square Feet | 13,500 |
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
