137 Dix Avenue, Ormond Beach, FL 32174

Property Description

INCOME-PRODUCING ORMOND BEACH INVESTMENT OPPORTUNITY WITH EXPANSION POTENTIAL Investors, this is an opportunity to add a large, income-focused property to your portfolio in Ormond Beach, Volusia County. This approximately 3,103+ SF single-family property provides 7 bedrooms and 3 bathrooms on roughly 0.43 acres, providing substantial space and flexibility for an investor looking to maximize rental income. The property has been configured for rental use and is currently producing approximately $4,000-$6,000 per month in rental income. With its size, bedroom count, and existing layout, there is potential for an investor to continue improving the property and optimizing its income-producing capability. Additional features include a metal roof, city water and sewer, slab foundation, deck, and approximately 380 SF carport. The property is located in Flood Zone X. The approximately 0.43-acre lot also has additional land behind the existing home, creating potential for future expansion or