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Income Triplex with Off-Street Parking
For Sale
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62 S Orchard St, Ormond Beach, FL 32174

Triplex offers three units in a concrete block building, with off-street parking and an on-site storage shed.

Property SizeContact for details
Lot Size0.70 Acres
Days on Market143

Property Features for 62 S Orchard St

General Information

Standard status Active
Lot size 0.70 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Gaff's Realty Company
Listed By: Richard Zicker · License #3047836
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 9:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gaff's Realty Company

Investment Insights

Based on property information with market context.

This income triplex includes three residential units within a solid concrete block building. Unit 1 is a 3-bedroom, 2-bath layout, while the other two units are each 1-bedroom with 1-bath accommodations. The 3-bedroom unit includes several updates, including a new water heater and kitchen improvements completed in 2019, such as a new refrigerator, range, upgraded sink, new dishwasher, and slate flooring.

The property sits on an oversized 0.7-acre lot with mature oak trees and ample shade. Off-street parking is available, along with an additional outside utility shed on the property for extra storage.

The two 1-bedroom units are occupied on month-to-month leases, providing some flexibility, and the offering notes an established rental history and long-term tenants in place.

Key Highlights

  • Triplex with 3 units in a solid concrete block building
  • Unit mix: one 3BR/2BA and two 1BR/1BA units
  • 2 of the units have month‑to‑month leases with established tenants and a long rental history

Property Analytics

Current Use

Snead Landscaping Landscaping

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Catering Service Plumbing Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,057
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex offers three units in a concrete block building, with off-street parking and an on-site storage shed.
Where is this triplex located?
The property is located at 62 S Orchard St Ormond Beach, FL.
What are key features of this property?
This property features: Triplex with 3 units in a solid concrete block building; Unit mix: one 3BR/2BA and two 1BR/1BA units; 2 of the units have month‑to‑month leases with established tenants and a long rental history
More about this property
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