407 Ora Street, Daytona Beach, FL 32118 (MLS# 1218883)
407 Ora Street, Daytona Beach, FL 32118
$315,000
Property Type:
Residential Income
Bedrooms:
2
Baths:
3
Square Footage:
1,490
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$315,000
List Date:
10/15/2025
Last Modified:
1/08/2026
Description
Exceptional investment opportunity just three blocks from the beach and within walking distance to Ocean Walk Village, Bandshell, Daytona Lagoon, restaurants, shopping, and entertainment. This beachside tri-plex features two one-bedroom apartments—one offering a larger floor plan with a walk-in closet and the other a smaller yet efficient layout—and one studio. Two units are occupied by reliable long-term tenants, while one unit and a detached two-car garage are vacant and ready to generate additional income. Units 1 and 3 are equipped with gas stoves, and the owner pays for gas service under a single meter. The roof was replaced in 2018, and vinyl siding ensures low maintenance. Consistent rental demand and a prime beachside location make this property an excellent choice for investors seeking strong cash flow and long-term growth.
More Information MLS# 1218883
Location, Tax, and Legal
Country: US
Parcel Number: 530508160032
Tax Annual Amount: 4284.8
Tax Year: 2024
Zoning Description: Multi Family
Tax Legal Description: E 42 FT OF W 92 FT OF LOT 3 BLK 16 MEMENTO PER OR 3985 PGS 0
284-0285 PER OR 5648 PG 4187 PER OR 7697 PG 2618 PER OR 8077
PG 4739
Currently Not Used
Bedrooms Total: 2
Bathrooms Full: 3
Bathrooms Half: 0
Bathrooms Total: 3
Living Area Source: Appraiser
Building Area Total: 1490
Year Built: 1923
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
General Property Information
Lot Size Acres: 0.09
Living Area: 1490
Number Of Units Total: 3
CDD Fee YN: No
Direction Faces: South
Directions: From International Speedway Blvd, head north on Peninsula, right on Ora. Building is on the left.
Public Remarks: Exceptional investment opportunity just three blocks from the beach and within walking distance to Ocean Walk Village, Bandshell, Daytona Lagoon, restaurants, shopping, and entertainment. This beachside tri-plex features two one-bedroom apartments—one offering a larger floor plan with a walk-in closet and the other a smaller yet efficient layout—and one studio. Two units are occupied by reliable long-term tenants, while one unit and a detached two-car garage are vacant and ready to generate additional income. Units 1 and 3 are equipped with gas stoves, and the owner pays for gas service under a single meter. The roof was replaced in 2018, and vinyl siding ensures low maintenance. Consistent rental demand and a prime beachside location make this property an excellent choice for investors seeking strong cash flow and long-term growth.
Stories Total: 1
List Price/SqFt: 211.41
Bedrooms Total: 2
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1923
Lock Box Type
See Remarks: 1
Appliances
Electric Range: 1
Gas Range: 1
Refrigerator: 1
Construction Materials
Frame: 1
Vinyl Siding: 1
Other: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Multi-Family: 1
Residential: 1
Heating
Electric: 1
Individual: 1
Income and Expenses
Gross Income: 32100
Net Operating Income: 22490
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Parking Features
Garage: 1
Off Street: 1
On Street: 1
Possession
Close Of Escrow: 1
Tenant Pays
Electricity: 1
Unit 1 Details
Unit ID: 1
Actual Rent: 900
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Tenant just moved out
Unit 2 Details
Unit ID: 2
Actual Rent: 1075
Unit SqFt: 0
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Occupied. Larger 1bed/1bath with walk-in closet.
Unit 3 Details
Unit ID: 3
Actual Rent: 700
Unit SqFt: 0
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Occupied. Efficiency unit.
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Contract Information
Current Price: $315,000
List Price: $315,000
Status: Active
Listing Contract Date: 2025-10-15
Property Sub Type: Triplex
Location Tax and Legal
Street Number: 407
Street Name: Ora
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32118
Subdivision Name: Memento
MLS Area Major: 14 - Daytona Peninsula S of Seabreeze
Status Change Information
Major Change Timestamp: 2026-01-06T17:52:52Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-06T17:52:52Z
Property Features
Appliances: Electric Range; Gas Range; Refrigerator
Construction Materials: Frame; Vinyl Siding; Other
Cooling: Wall/Window Unit(s)
Current Use: Multi-Family; Residential
Heating: Electric; Individual
Listing Terms: Cash; Conventional
Lock Box Type: See Remarks
Lot Features: Cleared
Parking Features: Garage; Off Street; On Street
Possession: Close Of Escrow
Tenant Pays: Electricity
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office:
A.H. Stone & Associates Inc
Last Updated: January - 08 - 2026
Information deemed reliable but not guaranteed.