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    Four-Unit Townhome Quadplex Rebuild Title is generated by Realmo AI

    44 Springwood Square, Port Orange, FL 32129

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    For Sale
    $119,900

    MULTI_FAMILY - Port Orange, FL

    Property size:
    1,242 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $96/SF
    Added:
    Oct 30, 2025
    Days on Market:
    218
    Last Refresh:
    Jun 4 at 7:06 pm

    Property Features for 44 Springwood Square

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    6
    Rooms
    Bathroom 6, Bedroom 2, Bathroom 8, Bedroom 4, Bathroom 4, Bathroom 7, Bathroom 1, Bedroom 8, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 2
    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

    We can help!

    Listing Contact
    Carrie Register LLC

    Listing agent Carrie Register LLC

    Listing office Evans Realty 1733 S Ridgewood Ave, South Daytona, FL

    Listing date Oct 30, 2025

    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.

    HighLights

    • Four contiguous townhome parcels at 41, 42, 43, and 44 Springwood Square (quad).
    • Each two‑story unit is approx. 1,242 SF with 2 bedrooms and 1.5 bathrooms.
    • Total interior space is approx. 4,968 SF across 4 units.
    • Requires complete teardown and rebuild; units must be rebuilt and elevated above the flood plain and brought up to code.
    • Cash offers only; property will not be financeable.
    • Built in 1981 with concrete and stucco construction; public water and public sewer; cable available.

    Overview

    This offering is a four-unit townhome quadplex package at 41, 42, 43, and 44 Springwood Square. The properties are two-story units built in 1981, each with approximately 1,242 square feet of interior space, arranged with 2 bedrooms and 1.5 bathrooms. Each unit also includes outdoor space with private patios and decks. The seller describes the scope as requiring a complete teardown and rebuild for every unit, including bringing the properties up to code and elevating them above the flood plain.

    The four parcels are contiguous as part of a single builder or investor package. The address for the offering is 44 Springwood Square in Port Orange, Florida (Volusia County), 32129. The remarks also indicate there are no HOA restrictions associated with the properties.

    For contractors, builders, and investors, this is a ground-up renovation opportunity where the existing structures must be demolished and replaced. The listing indicates the project will not be financeable and requests cash offers only. The final design, layout updates, and finish selection would be determined during the rebuild process, with the current units described as having the basic elements to support a modern rental configuration after redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -81.011582
    Latitude
    29.139955

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    FAQs

    What type of property is this?
    Quadplex - Four contiguous townhome parcels requiring 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 $119,900.
    What are key features of this property?
    This property features: Four contiguous townhome parcels at 41, 42, 43, and 44 Springwood Square (quad).; Each two‑story unit is approx. 1,242 SF with 2 bedrooms and 1.5 bathrooms.; Total interior space is approx. 4,968 SF across 4 units.
    (386) 547-8733
    We can help!
    Listing Contact
    Carrie Register LLC
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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