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Lasbury Tracy Realty Inc
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$2,000,000

Active

805 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 listing’s 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 Orange’s 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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Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

805 Louisville St, Port Orange, FL 32129

Listing courtesy of TROPICAL SPRINGS REALTY Β· MLS# O6416618 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 10:07 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]