Commercial Sale · Multi Family (5+)
805 LOUISVILLE STREET, PORT ORANGE, FL, 32129
Active60 days on marketListed Jun 12, 2026MLS #O6416618
About this property
The property at a glance
Location, location, location! Exceptional opportunity to acquire a 12 unit updated multifamily property at 805 Louisville Street in the heart of Port Orange, directly across from Riverwalk Park and the Halifax River. This prime waterfront corridor setting offers built in rental demand with immediate access to a kayak and canoe launch, fishing piers, playground, splash pad, picnic areas, and a scenic walking trail just steps from the property. The building features spacious 2 bedroom, 2 bath units with functional, open layouts that attract long term tenants. Interiors have been updated and include tile flooring throughout, ceiling fans, central air, and generous living and dining spaces. Kitchens are improved with granite countertops, stainless steel appliances, dishwashers, and microwaves. Each unit offers washer and dryer hookups, adding to tenant convenience and retention. Situated in a quiet residential setting with surface parking and easy access to major commuter routes, shopping, dining, and the beach, this asset is positioned for strong occupancy and consistent cash flow. The combination of location, updated interiors, and proximity to waterfront amenities makes this a compelling value add or stable hold opportunity in one of Port Orange’s most desirable rental corridors. Ideal for investors seeking scale, durability, and long term upside in a high demand coastal market.
13,756
Building sq ft
$145
Price / sq ft
0.69
Lot acres
1970
Year built
12
Units
2
Buildings
Multi Family (5+)
Property type
The numbers
Investment snapshot
5.73%
Cap rate
$114,649
Net operating income
$224,640
Gross income (yr)
$166,667
Price / unit
12
Units
Estimated payment (illustrative)
Estimated payment
$11,188/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
23,356
Population
$65,936
Median income
43.8
Median age
2.21
Avg household
$241,500
Median home value
$1,538/mo
Median rent
2,445
Households w/ kids
Recent sales
What actually sold near 805 LOUISVILLE STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,200,000
700 BEVILLE ROAD
8,300 sqft · $145/sqft · Sold Apr 15, 2025
$1,750,000
3162 S ATLANTIC AVENUE UNIT 10 and 20
5,930 sqft · $295/sqft · Sold Oct 3, 2025
$850,000
330 ORANGE BLOSSOM DRIVE
5,120 sqft · $166/sqft · Sold Jan 24, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 805 LOUISVILLE STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 805 LOUISVILLE STREET.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of TROPICAL SPRINGS REALTY · Nick Nastase. MLS #O6416618.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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