Two-Unit Residential
218 GRANT ST, Port Orange, FL 32127
For Sale
New
$325,000
Residential Income, PORT ORANGE, FL
Property Size1,814 SF
Lot Size0.22 Acres
Price / SF$179.16
Days on Market4
Property Features for 218 GRANT ST
General Information
Property type
Property subtype
Zoning
Parking features
Window features
Patio and Porch features
Pets allowed
Interior features
Exterior features
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
APARO-GRIFFIN PROPERTIES INC
(386) 738-2845
Listed By:
Kathy Aparo-Griffin · License #3015677
(386) 748-0173
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 9 at 7:06AM
MLS# V4952127
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1985, this frame-and-wood-sided duplex contains 1,814 square feet across two units. Each unit has two bedrooms and one bathroom, for a combined total of four bedrooms and two bathrooms. Interior features include eat-in kitchens, open floor plans, and laminate counters. The property has central heating and air conditioning, driveway parking, and a porch and patio. A newer electrical panel and roof are also noted.
The 0.22-acre property is zoned R2. Both units are occupied by long-term tenants on month-to-month leases. Public water and sewer serve the property.
The 0.22-acre property is zoned R2. Both units are occupied by long-term tenants on month-to-month leases. Public water and sewer serve the property.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,814 square feet of building area on 0.22 acres
- R2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,913
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,260
$318.3K
Cap Rate 7%
$227,329
$227.3K
Cap Rate 9%
$176,811
$176.8K
Market Conditions
NOI Build-Up for 1,814 SF
Gross rent
$25.3K $13.92/SF
− Vacancy
−$2.5K −$1.39/SF
EGI
$22.7K $12.53/SF
− OpEx
−$6.8K −$3.76/SF
NOI
$15.9K $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%
$318,260
Cap Rate 7%
$227,329
Cap Rate 9%
$176,811
Alternative Uses
Best Use
Multifamily LT 5
$227.3K
$198.9K – $265.2K
NOI $15,913 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$197.5K
$172.8K – $230.4K
NOI $13,823 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$534.9K
$468.0K – $624.0K
NOI $37,441 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
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Business Placement
Demographics for 32127, FL
29,999
Population
15,898
Households
1.9
Avg Household Size
53
Median Age
30%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,013
Density / Sq Mi
$65,260
Median Household Income
$39,196
Median Earnings
$1,324
Median Rent
$301,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Volusia County, FL
Properties on Market for Duplexes in Volusia County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have long-term tenants on month-to-month leases.
Where is this duplex located?
The property is located at 218 GRANT ST Port Orange, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,814 square feet of building area on 0.22 acres; R2 zoning
