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407 Ora Street
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PRICED AT ONLY: $315,000

Address: 407 Ora Street, Daytona Beach, FL 32118

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 apartmentsone offering a larger floor plan with a walk in closet and the other a smaller yet efficient layoutand 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, 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.

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  • MLS#: 1218883 ( Residential Income )
  • Street Address: 407 Ora Street
  • Viewed: 126
  • Price: $315,000
  • Price sqft: $211
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 1490
  • Bedrooms: 2
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 2

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 apartmentsone offering a larger floor plan with a walk in closet and the other a smaller yet efficient layoutand 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, 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.
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Features
Land Information
  • Lot Features: Cleared
Garage and Parking
  • Parking Features: Garage, Off Street, On Street
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Individual
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Appliances: Refrigerator, Gas Range, Electric Range
  • Legal Description: E 42 FT OF W 92 FT OF LOT 3 BLK 16 MEMENTO PER OR 3985 PGS 0 284-0285 PER OR 5648 PG 4187 PER OR 7697 PG 2618 PER OR 8077 PG 4739
  • Parcel Number: 530508160032
  • Views: 126
Nearby Subdivisions
Atlantic Heights   Bayshore Bath Tennis Club Con   Beach Club Condo Motel   Braddock Park   Bridgeport Heights   Castaway Beach Resort Condo   Curtis Blk 19 East Dayton   Daytona Beach Club Condo   Daytona Beach Resort And Confe   Douglas North Orita   Elgin   Fairfield Db Oceanwalk 02   Fountain Beach Residence   Fountain Beach Resort   Fountain Beach Resort Condo   Frances Terrace   Harbour Beach Resort Condo   Hawaiian Inn   Hawaiian Inn Beach Resort, A C   Hawaiian Inn Lc   Homeland   Homeland Atlantic City   Horizons Condo   Hustons   Kahnway Heights   Marshall Park   Memento   Morris   Not Assigned-other   Not In Subdivision   Ocean Dunes   Ocean Grove   Ocean Groves   Ocean Walk 01 Db Condo   Oceanside Inn Condo   Other   Pato Manor   Pirates Cove Condo   Port Orange Beach   Rio Mar Beaches   Robbins   Rogers Seabreeze   Schulte Park   Sea Dip Beach Resort Condo   Sea Dip Resort   Seabreeze Circle Blk 11 Mement   Silver Beach Park   Smith Bertha K Resub Blks 1718   South Orita   Whanorsham   Whanorsham Un 02   White  
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