Ormond Beach Duplex with
47 & 49 Sandpiper Circle, Ormond Beach, FL 32174
Turn-key duplex in Ormond Beach with rare basements.
Type:Multifamily
Property size:
5,280 SFPrice / SF:
$98/SF- Added:
- May 17, 2026
- Days on Market:
- 15
- Last Refresh:
- May 20 at 4:55 am
Property Features for 47 & 49 Sandpiper Circle
General Information
- Standard status
- Active
- Size
- 5,280 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1984
Listing agent Priscilla Arzivian
Listing office LPT Realty, LLC
Listing date May 17, 2026
Source Crexi
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 LPT Realty, LLC
HighLights
- Rare duplex in Ormond Beach with excellent rental history, offering a turn‑key investment opportunity.
- Each unit features 2 bedrooms, 2 full bathrooms, and a 2‑car garage with a private balcony.
- Unique full basement in each unit (rare for Florida), offering potential for additional storage or living space.
- Located in a quiet cul‑de‑sac in The Woodlands, with convenient access to beaches, dining, shopping, and hospitals.
- Separate electric and water meters for each unit.
- Total of 5280 sq ft of living space (excluding garages and balconies).
Overview
Located in Ormond Beach, Florida, the property at 47 & 49 Sandpiper Circle presents a duplex in a quiet cul-de-sac within The Woodlands. Each unit, approximately 1320 heated square feet, includes 2 bedrooms, 2 full bathrooms, a 2-car garage, and a private balcony. A notable feature is the inclusion of a basement in each unit, offering options for additional storage or conversion into living space. The total square footage of the duplex is 5280, excluding the garages and balconies. Each side has its own electric and water meter. The sale includes both parcels #4220-09-00-0350 and #4220-09-00-0351. The property has an excellent rental history and is located less than 10-15 minutes from beaches, dining, shopping, hospitals, and schools.
Local Financial Insights For Multifamily LT 5
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 | $73.5k | $13.92 |
| − Vacancy | −$7.3k | −$1.39 |
| EGI | $66.2k | $12.53 |
| − OpEx | −$19.9k | −$3.76 |
| NOI | $46.3k | $8.77 |
5,280 SF · lease $13.92/SF/yr · vacancy 9.97% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$661.7K
$579.0K – $772.0K
NOI $46,319 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$574.8K
$502.9K – $670.6K
NOI $40,234 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $108,979 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0874259
- Latitude
- 29.2740799
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turn-key duplex in Ormond Beach with rare basements.
Where is this duplex located?
The property is located at 47 & 49 Sandpiper Circle Ormond Beach, FL.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Rare duplex in Ormond Beach with excellent rental history, offering a turn‑key investment opportunity.; Each unit features **2 bedrooms, 2 full bathrooms, and a 2‑car garage with a private balcony.**; Unique full basement in each unit (rare for Florida), offering potential for additional storage or living space.
