407 Ora Street
Daytona Beach, FL 32118

Listed at $304,900

Details

  • MLS# 1218883
  • Multi Unit - Multiple
  • Status Active
  • 2 Bedrooms
  • 3 full Bathrooms
  • 1,490 Square Feet
  • 0.090 acres
  • Built in 1923
  • Local Schools

Description

Exceptional investment opportunity just three blocks from the beach and within walking distance to Ocean Walk Village, Bandshell, Daytona Lagoon, restaurants, shopping, and entertainment. This beachside tri-plex features two one-bedroom apartments"one offering a larger floor plan with a walk-in closet and the other a smaller yet efficient layout"and one studio. Two units are occupied by reliable long-term tenants, while one unit and a detached two-car garage are vacant and ready to generate additional income. Units 1 and 3 are equipped with gas stoves, and the owner pays for gas service under a single meter. The roof was replaced in 2018,...read more and vinyl siding ensures low maintenance. Consistent rental demand and a prime beachside location make this property an excellent choice for investors seeking strong cash flow and long-term growth.

Features

  • Refrigerator
  • Gas Range
  • Electric Range
  • Wall/Window Unit(s)
  • Electric, Individual
  • $4,284 Taxes
  • Public
  • Built in 1923
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Refrigerator, Gas Range, Electric Range
  • Cooling: Wall/Window Unit(s)
  • Days on Site: 143
  • Directions: From International Speedway Blvd, head north on Peninsula, right on Ora. Building is on the left.
  • Exterior: Frame, Vinyl Siding, Other
  • Fuel Type: Electric
  • Garage: 2
  • Heating: Electric, Individual
  • Listing Terms: Cash, Conventional
  • Lot Description: Cleared
  • Lot Size: 0.09 Acres
  • Parcel #: 530508160032
  • Parking: Garage, Off Street, On Street
  • Property Attached Y/N: No
  • Property Sub-Type: Triplex
  • SQFT Total: 1490
  • Taxes: $4,284
  • Tenant Pays: Electricity
  • Units: 3
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water: Public
  • Year Built: 1923