Quadplex with Rebuild
44 Springwood Square Port Orange, FL 32129
44 Springwood Square, Port Orange, FL, 32129
$109,900
For Sale
$109,900
MULTI_FAMILY - Port Orange, FL
Property Size1,242 SF
Lot Size0.06 Acres
Price / SF$88.49
Days on Market264
Property Features for 44 Springwood Square
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 7, Bedroom 3, Bathroom 8, Bedroom 8, Bedroom 5
- Standard status
- Active
- APN
- 6337-15-00-0440
- Size
- 1,242 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 44 SPRINGWOOD SQUARE MB 36 PG 178 PER OR 2356 PG 0495 LOT 43 SPRINGWOOD SQUARE MB 36 PG 178 PER OR 2356 LOT 42 SPRINGWOOD SQUARE MB 36 PG 178 PER OR 2356 PG 481 PER LOT 41 SPRINGWOOD SQUARE MB 36 PG 178 PER OR 2356 PG
- Tax Annual Amount
- 1983
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Concrete, Stucco
Listing Agency
Evans Realty
(386) 334-7000
1733 S Ridgewood Ave, South Daytona, FL
Listed by
Carrie Register LLC
(386) 547-8733
Added: Oct 30, 2025 Checked: Jul 20 at 11:06 am
MLS# 1219526
Listing URL
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 for-sale quadplex package includes four contiguous townhome parcels at 41, 42, 43, and 44 Springwood Square. The properties require a complete teardown and rebuild, and each unit must be brought up to code and elevated above the flood plain. Originally built in 1981, each two-story unit is described as having 2 bedrooms and 1.5 bathrooms with approximately 1,242 square feet of interior space, along with private patios and decks.
The package is located in Port Orange, Florida (Volusia County). The listing remarks describe the offering as land value and note that the property will not be financeable, with cash offers only.
Each unit will need full renovation as part of the required rebuild, offering a turnkey rebuild scope for a buyer or builder prepared to take the properties through permitting, code compliance, and reconstruction.
The package is located in Port Orange, Florida (Volusia County). The listing remarks describe the offering as land value and note that the property will not be financeable, with cash offers only.
Each unit will need full renovation as part of the required rebuild, offering a turnkey rebuild scope for a buyer or builder prepared to take the properties through permitting, code compliance, and reconstruction.
Key Highlights
- Four contiguous townhome parcels at 41, 42, 43, and 44 Springwood Square
- Each two‑story unit is approximately 1,242 SF for a total of about 4,968 SF across 4 units
- Originally built in 1981; construction materials include concrete and stucco
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.2k | $15.48 |
| − Vacancy | −$2.0k | −$1.63 |
| EGI | $17.2k | $13.85 |
| − OpEx | −$7.7k | −$6.23 |
| NOI | $9.5k | $7.62 |
1,242 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Package of four contiguous townhome parcels requiring a complete teardown, rebuild, and elevation above the flood plain.
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.
What are key features of this property?
This property features: Four contiguous townhome parcels at 41, 42, 43, and 44 Springwood Square; Each two‑story unit is approximately 1,242 SF for a total of about 4,968 SF across 4 units; Originally built in 1981; construction materials include concrete and stucco
