For Sale
$109,900
44 Springwood Square, Port Orange, FL 32129
Quadplexes
Property Size4,968 SF
Price / SF$88.49
Days on Market294
Property Features for 44 Springwood Square
General Information
Standard status
Active
Size
4,968 SF
Property subtype
Residential Income
Zoning
Residential
Taxes and HOA fees
Annual Taxes
$1,982
Amenities
Additional Parking
Building Details
Building Size
4,968 SF
Year Built
1981
Stories
2
Listing Agency:
Evans Realty
Listed By:
Carrie Register LLC
(386) 547-8733
Source:
Evrealestate
Added: Dec 18, 2025
Changed: Sep 30
Last Checked: Oct 7 at 1:00PM
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 Evans Realty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,464
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,280
$189.3K
Cap Rate 7%
$135,200
$135.2K
Cap Rate 9%
$105,156
$105.2K
Market Conditions
NOI Build-Up for 1,242 SF
Gross rent
$19.2K $15.48/SF
− Vacancy
−$2.0K −$1.63/SF
EGI
$17.2K $13.85/SF
− OpEx
−$7.7K −$6.23/SF
NOI
$9.5K $7.62/SF
Area
Volusia County, FL
Vacancy
10.50%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,280
Cap Rate 7%
$135,200
Cap Rate 9%
$105,156
Alternative Uses
Best Use
Multifamily LT 5
$155.6K
$136.2K – $181.6K
NOI $10,895 @ 7.0% cap · market cap 9.91%
Second Best
Apartment 5plus
$135.2K
$118.3K – $157.7K
NOI $9,464 @ 7.0% cap · market cap 8.61%
Theoretical Best
Office A
$366.2K
$320.4K – $427.3K
NOI $25,635 @ 7.0% cap · market cap 23.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
412
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
Where is this quadplex located?
The property is located at 44 Springwood Square Port Orange, FL.
What is the asking price?
The asking price for this property is $109,900.
