Duplex with Screened
For Sale
$440,000
1131-1133 Squirrel Nest Ln, Port Orange, FL 32129
Both units are offered together in Port Orange with no HOA restrictions and private outdoor space.
Property Size2,266 SF
Price / SF$194.17
Days on Market36
Property Features for 1131-1133 Squirrel Nest Ln
General Information
Standard status
Active
Size
2,266 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
private fenced backyard
oversized screened lanai
Building Details
Year Built
1988
Listing Agency:
RE/MAX Signature
Listed By:
Ron Wysocarski
(386) 871-7697
Source:
Ronsellsthebeach
Added: Sep 4
Changed: Oct 7
Last Checked: Oct 7 at 12:15PM
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 RE/MAX Signature
Investment Insights
Based on property information with market context.
This duplex property includes both sides and was built in 1988. The improvements feature a private fenced backyard and an oversized screened lanai, providing enclosed outdoor space for relaxation or entertaining. The property measures 2,266 and is offered without HOA restrictions.
Located on Squirrel Nest Lane in Port Orange, the property is positioned within Volusia County. Both sides are included in the offering, providing flexibility for an owner-occupant, seasonal use, or rental arrangements supported by the duplex configuration.
Located on Squirrel Nest Lane in Port Orange, the property is positioned within Volusia County. Both sides are included in the offering, providing flexibility for an owner-occupant, seasonal use, or rental arrangements supported by the duplex configuration.
Key Highlights
- Both sides of the duplex are included in the sale
- 2,266 property size
- Private fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,879
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,580
$397.6K
Cap Rate 7%
$283,986
$284.0K
Cap Rate 9%
$220,878
$220.9K
Market Conditions
NOI Build-Up for 2,266 SF
Gross rent
$31.5K $13.92/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$28.4K $12.53/SF
− OpEx
−$8.5K −$3.76/SF
NOI
$19.9K $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%
$397,580
Cap Rate 7%
$283,986
Cap Rate 9%
$220,878
Alternative Uses
Best Use
Multifamily LT 5
$284.0K
$248.5K – $331.3K
NOI $19,879 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$246.7K
$215.8K – $287.8K
NOI $17,267 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$668.1K
$584.6K – $779.5K
NOI $46,770 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
Explore this area
Business Placement
Demographics for 32129, FL
21,594
Population
11,991
Households
1.8
Avg Household Size
50
Median Age
25%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
2,879
Density / Sq Mi
$65,936
Median Household Income
$39,226
Median Earnings
$1,538
Median Rent
$241,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both units are offered together in Port Orange with no HOA restrictions and private outdoor space.
Where is this duplex located?
The property is located at 1131-1133 Squirrel Nest Ln Port Orange, FL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Both sides of the duplex are included in the sale; 2,266 property size; Private fenced backyard
