$379,000

7 Cypress Circle Ormond Beach, FL 32176 Multi Unit - Multiple Active

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Description

Exceptional beachside duplex offering a rare opportunity for both investors and owner-occupants. Ideally located just three blocks from the shoreline, this single-story property provides easy, stair-free living in a highly desirable coastal setting.Each unit features 2 bedrooms and 1 full bathroom, with private in-unit laundry for added convenience. Tenants are responsible for electric, while the landlord covers water. The property has been thoughtfully maintained and updated, including upgraded electrical, fresh exterior paint, and new luxury vinyl plank flooring in the bedrooms, complemented by tile flooring throughout the main living areas. One HVAC system was recently replaced in 2024.The units are currently occupied with month-to-month tenants paying below-market rents, presenting an immediate value-add opportunity for increased income potential.Enjoy the best of beachside living with close proximity to local dining, seaside caf?s, fresh seafood restaurants, and a variety of recreational activities. Whether it's water sports, exploring nearby attractions, or relaxing walks along the shore, this location offers an unmatched coastal lifestyle.This is a unique opportunity to own a well-maintained, income-producing property in a prime beachside location-perfect for those seeking investment potential combined with the charm of coastal living.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.29 Acres
Roof Type: Shingle
Taxes: $3,906
Year Built: 1949

General Information

Bedrooms: 4
Sqft: 1,350
County: Volusia
Subdivision: ELLINOR VILLAGE
Listed By:
Matt White SLOANE REALTY, LLC 407-829-2418

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Lighting
Private Mailbox
Private Yard
Sidewalk

Property Features

Annual Net Income: 26053.00
Directions: I-4 E to Ormond Beach. Take exit 268 from I-95 NContinue on FL-40 E/W Granada Blvd. Drive to Cypress Cir
Exterior: Brick
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.29
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: Public
Water: Public
Water Access: Beach
Water Access Y/N: Yes
Zoning: 13R4
$379,000
4beds
1,350sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,350 MLS#O6399865
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONELLINOR VILLAGE

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7 Cypress Circle, Ormond Beach, FL 32176.

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Estimated Payment

$ 1,714.35 per month $1,278.30 Principal & Interest $325.50 Property Tax $110.54 Homeowner's Insurance

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