7 Cypress CirOrmond Beach, FL 32176

Property Details for 7 Cypress Cir

Year built

1949

Lot size

0.25 AC

Property size (Sq ft)

1,350 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This Ormond Beach, Florida duplex presents a compelling investment opportunity. Located on a 0.25-acre lot at 7 Cypress Cir, 32176, this fee-simple property boasts solid brick construction with plaster interior walls. The 1,350 square foot building, constructed in 1949, is a Class B, one-story duplex featuring two units, each with two bedrooms and one bathroom. Each unit includes a great room and a full kitchen. The property benefits from central HVAC, public water, and public sewer. Individual electric meters ensure tenants pay their own electricity, while a shared water meter simplifies utility management. The roof was replaced approximately 11 years ago. Currently, each unit commands a market rent of $1,550 per month, resulting in a potential gross monthly income of $3,100. Zoned for multifamily use, this stabilized investment offers a price per square foot of $270.37 and a price per unit of $182,500, with an asking price of $365,000. Its prime beachside location offers exceptional rental potential and strong long-term value. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable area.

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.2802

Longitude

-81.0384

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].