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407 Ora Street
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PRICED AT ONLY: $299,900

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#: 1224161 ( Residential Income )
  • Street Address: 407 Ora Street
  • Viewed: 3
  • Price: $299,900
  • Price sqft: $254
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 1183
  • Bedrooms: 2
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 2
  • Days On Market: 14

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: 2025
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 0284-0285 PER OR 5648 PG 4187 PER OR 7697 PG 2618 PER OR 8077 PG 4739
  • Parcel Number: 5305-08-16-0032
Nearby Subdivisions
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Wade M. Berlin

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