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Turnkey Triplex Investment in Prime Port Orange Location - Zoned for Short & Long-Term Rentals. An exceptional opportunity for savvy investors with 9. 6 Cap Rate. 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!
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$990,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $792,000 | $792,000 | $792,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.183% |
| Monthly Tax Payment | $516 | $516 | $516 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,622 | $4,812 | $6,683 |
| Total Monthly Payment | $5,230 | $5,420 | $7,291 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.