$2,000,000
Active805 Louisville St, Port Orange, FL 32129
12,172 sq ft
Listing courtesy of TROPICAL SPRINGS REALTY Β· MLS# O6416618
138 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
Location, location, location! Exceptional opportunity to acquire a 12 unit updated multifamily property at 805 Louisville Street in the heart of Port Orange, directly across from Riverwalk Park and the Halifax River. This prime waterfront corridor setting offers built in rental demand with immediate access to a kayak and canoe launch, fishing piers, playground, splash pad, picnic areas, and a scenic walking trail just steps from the property. The building features spacious 2 bedroom, 2 bath units with functional, open layouts that attract long term tenants. Interiors have been updated and include tile flooring throughout, ceiling fans, central air, and generous living and dining spaces. Kitchens are improved with granite countertops, stainless steel appliances, dishwashers, and microwaves. Each unit offers washer and dryer hookups, adding to tenant convenience and retention. Situated in a quiet residential setting with surface parking and easy access to major commuter routes, shopping, dining, and the beach, this asset is positioned for strong occupancy and consistent cash flow. The combination of location, updated interiors, and proximity to waterfront amenities makes this a compelling value add or stable hold opportunity in one of Port Orangeβs most desirable rental corridors. Ideal for investors seeking scale, durability, and long term upside in a high demand coastal market.
Facts
- Property type
- Multi-Family 5+
- Year built
- 1970
- Exposure
- East
- Flood zone
- X500
- Annual taxes
- $24,417/yr
- Listed
- Jun 12, 2026
- MLS #
- O6416618
Commercial details
Building & site
- Building size
- 13,756 SF
- Lot size
- 0.69 acres (30,255 SF)
- Road frontage
- Private Road
- Buildings
- 2
Investor metrics
- Price per SF (MLS)
- $145.39/SF
- Cap rate
- 5.73%
- Net operating income
- $114,649/yr
- Gross income
- $224,640/yr
- Annual expenses
- $106,103/yr
- Units
- 12
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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805 Louisville St, Port Orange, FL 32129
Listing courtesy of TROPICAL SPRINGS REALTY Β· MLS# O6416618 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
