Duplex with Unfinished
For Sale
$484,900
47 & 49 Sandpiper Circle, Ormond Beach, FL 32174
Residential Income, Ormond Beach, FL
Property Size2,640 SF
Lot Size0.12 Acres
Price / SF$183.67
Days on Market147
Property Features for 47 & 49 Sandpiper Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bedroom 4
Parking features
Garage
Exterior features
Balcony
Appliances
Refrigerator, Electric Oven, Dishwasher
Subdivision
Woodland
Lot features
Cul-De-Sac
Directions
Take 40 /Granada to Nova rd, Turn right to Woodlands Blvd, right to Sandpiper Cir and arrive to 47 & 49 Sandpiper Circle.
Standard status
Active
APN
4220-09-00-0350
Size
2,640 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 35 EXC S 38.3 FT AS MEAS ON W/L SANDPIPER CIR THE WOODLANDS SUB PHASE III MB 35 PGS 88 & 89 PER OR 3974 PG 0661 PER OR 6032 PGS 2509-2511 PER OR 6075 PGS 1723-1724 PER OR 6075 PGS 1725-1726 PER OR 6138 PG 4479 PER OR 6689 PG 3589 PER OR 6726 PG 0723 P
Tax Annual Amount
3777
Legal Description
LOT 35 EXC S 38.3 FT AS MEAS ON W/L SANDPIPER CIR THE WOODLANDS SUB PHASE III MB 35 PGS 88 & 89 PER OR 3974 PG 0661 PER OR 6032 PGS 2509-2511 PER OR 6075 PGS 1723-1724 PER OR 6075 PGS 1725-1726 PER OR 6138 PG 4479 PER OR 6689 PG 3589 PER OR 6726 PG 0723 P
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
private balconies
covered patio
Building Details
Year built
1984
Number of units
2
Flooring type
Laminate, Tile, Carpet
Roof type
Shingle
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Priscilla Arzivian · License #3246301
(386) 795-7653
Added: May 16
Changed: Oct 9
Last Checked: Oct 9 at 5:06PM
MLS# 1226483
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1984 duplex includes two residences, each with a 1,320-square-foot unfinished basement, a covered patio, and a two-car garage. Private balconies look toward a wooded area. The property also has central heating and air conditioning, with HVAC systems dated 2018 and 2019, and a shingle roof installed in 2015. Both units are currently rented and have separate electric and water meters.
The two parcels total 0.12 acres. Hass Park is located behind the property and has walking and biking trails. The listing identifies the property as outside a flood zone and without an HOA.
The two parcels total 0.12 acres. Hass Park is located behind the property and has walking and biking trails. The listing identifies the property as outside a flood zone and without an HOA.
Key Highlights
- Two residences, each with a 1,320‑square‑foot unfinished basement
- Two‑car garage and spacious driveway for each unit
- Separate electric and water meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,159
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,180
$463.2K
Cap Rate 7%
$330,843
$330.8K
Cap Rate 9%
$257,322
$257.3K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$36.7K $13.92/SF
− Vacancy
−$3.7K −$1.39/SF
EGI
$33.1K $12.53/SF
− OpEx
−$9.9K −$3.76/SF
NOI
$23.2K $8.77/SF
Area
Volusia County, FL
Vacancy
9.97%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,180
Cap Rate 7%
$330,843
Cap Rate 9%
$257,322
Alternative Uses
Best Use
Multifamily LT 5
$330.8K
$289.5K – $386.0K
NOI $23,159 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$287.4K
$251.5K – $335.3K
NOI $20,117 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$778.4K
$681.1K – $908.2K
NOI $54,490 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are rented and have separate electric and water meters, private balconies, and two-car garages.
Where is this duplex located?
The property is located at 47 & 49 Sandpiper Circle Ormond Beach, FL.
What is the asking price?
The asking price for this property is $484,900.
What are key features of this property?
This property features: Two residences, each with a 1,320‑square‑foot unfinished basement; Two‑car garage and spacious driveway for each unit; Separate electric and water meters for each residence
