NOT LISTED FOR SALE
4 Beds
2 Baths
3,688 Sq Ft
0.48 Acres

Last Sold November 28, 2017

Last sale price $305,000 $83 Per Sq Ft

Highlights

  • 0.48 Acre Lot
  • Deck
  • Traditional Architecture
  • Spruce Creek High School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of November 2017

CAMBRIDGE offers an investor the opportunity to acquire a 100% occupied QUADPLEX. Built in 1976 consisting of a total Two duplexes which each duplex is 1844/SF. The layout on each side is 2 bedrooms 1 bath approximately 922/SF each out that are currently renting below market rents at $700 for each unit. As of July 2017, one bedroom apartments in Port Orange rent for $982 a month on average (a 3.87% increase from last year). The average rent for a 2-bedroom apartment is $1,128. Property can also be used as Airbnb for short term Vacation Rentals as the property is less than 10 minutes from the Halifax River, Ponce Inlet Town and New Smyrna Beach. Current 8.1 Cap and is a Value Add opportunity for that investor who is looking to do a little TLC on the units. Rents are below market and have long term tenants in place.

Last Agent to Sell the Property

Melissa Rodriguez

LEGACY PLUS REALTY License #3103038 Listed on: 11/26/2017

Last Buyer's Agent

Melissa Rodriguez

LEGACY PLUS REALTY License #3103038 Listed on: 11/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,443

Year Built

  • Built in 1976

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 66x40x66x40
  • Oversized Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Wood Frame Construction
  • Metal Roof
  • Siding

Interior Spaces

  • 3,688 Sq Ft Home
  • Combination Dining and Living Room
  • Inside Utility
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Cambridge Unit 01 Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,443

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 3688
  • Lot Size Acres: 0.48
  • New Construction: No
  • Year Built: 1976
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 21000
  • Directions to Property: Exit 421, R on Taylor Branch Road and property is on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1041491
  • RATIO Current Price By Calculate: 82.70
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Range
  • Levels: One
  • Street Number Modifier: 536
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 1

Exterior Features

  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-09-29T00:00:00.000
  • Flood Zone Panel: 12127C0526J

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open

Utilities

  • Utilities: Cable Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: 16R8SF
  • Parcel Number: 21-16-33-01-01-1210
  • Additional Parcels: No
  • Lot Features: Near Public Transit, Oversized Lot
  • Lot Dimensions: 66x40x66x40
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 2800

Multi Family

  • Gross Income: 33600
  • Number Of Units Total: 4
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 5443
  • Tax Block: 01
  • Tax Book Number: 32-4
  • Tax Lot: 121

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Off Market $305,000 -- --
11/28/2017 11/28/17 Sold $305,000 0.0% $83 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $305,000 -- $83 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5548941

Stellar MLS

APN: 6321-01-01-1210