4787 S Atlantic Avenue, Ponce Inlet, FL 32127 (MLS# 1207991)

4787 S Atlantic Avenue, Ponce Inlet, FL 32127

$2,500,000

5 Oceanfront Units, 2 bedrooms & 2.5 bathrooms each.

Virtual Tour

https://www.zillow.com/view-imx/154fa086-6fbf-4bed-8b72-9bcafb036519?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Income Bedrooms: 10 Baths: 15 Square Footage: 1,480 Lot Size (sq. ft.): 15,333 Status: Closed

Current Price: $2,500,000 List Date: 1/16/2025 Last Modified: 6/29/2025

Overview

Description

**Exceptional Oceanfront Investment Opportunity in Ponce Inlet!** Discover the investment opportunity of a lifetime with this prime oceanfront complex, perfectly positioned on the no-drive beach of picturesque Ponce Inlet. This 5-unit property boasts direct access to stunning white sandy beaches and is surrounded by popular waterfront restaurants, the iconic Ponce Inlet Lighthouse Museum, and a variety of parks. Whether you enjoy surfing, fishing, or simply soaking up the sun, this location offers the ultimate beach lifestyle. Each unit features 2 spacious bedrooms and 2.5 baths, providing over 1,200 sq ft of comfortable living space. The master bedrooms offer large oceanfront balconies, perfect for enjoying breathtaking sunrises and the soothing sound of waves. The downstairs living area opens to a private patio that leads straight to the pristine beach, creating an inviting outdoor space for relaxation and entertainment.

Supplements: With in-unit laundry facilities, this property is designed for convenience and comfort. Investors will appreciate the potential for great monthly rental income, making it an ideal addition to any portfolio. The high-density multi-family zoning enhances its value, allowing for flexible investment opportunities, whether for lucrative rentals or indiv ... (Read more)

Listing Details MLS# 1207991

General Property Information

Number Of Units Total: 5
Bedrooms Total: 10
Bathrooms Total: 15
Bathrooms Full: 10
Living Area: 6400
Year Built: 1979
Lot Size Acres: 0.352
Association YN: Yes
Association Fee Frequency: Annually
Association Name: Southern Shores
CDD Fee YN: No
Water Body Access YN: Yes
Water Frontage Feet: 105
Waterfront YN: Yes
Furnished: Furnished
Stories Total: 2
Stories: 2
Direction Faces: East
Senior Community YN: No
Directions: From Dunlawton Ave continue south on S Atlantic approx Ave 4 miles.
Public Remarks: **Exceptional Oceanfront Investment Opportunity in Ponce Inlet!** Discover the investment opportunity of a lifetime with this prime oceanfront complex, perfectly positioned on the no-drive beach of picturesque Ponce Inlet. This 5-unit property boasts direct access to stunning white sandy beaches and is surrounded by popular waterfront restaurants, the iconic Ponce Inlet Lighthouse Museum, and a variety of parks. Whether you enjoy surfing, fishing, or simply soaking up the sun, this location offers the ultimate beach lifestyle. Each unit features 2 spacious bedrooms and 2.5 baths, providing over 1,200 sq ft of comfortable living space. The master bedrooms offer large oceanfront balconies, perfect for enjoying breathtaking sunrises and the soothing sound of waves. The downstairs living area opens to a private patio that leads straight to the pristine beach, creating an inviting outdoor space for relaxation and entertainment.
List Price/SqFt: 453.13
Sold Price/SqFt: 390.63
Association Fee: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Association Amenities: Beach Access; Maintenance Grounds; Maintenance Structure; Trash; Water Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Electric Current Use: Multi-Family; Recreational; Residential Exterior Features: Balcony; Impact Windows Financial Data Source: Property Manager Flooring: Carpet; Tile; Vinyl Heating: Central; Electric Income Includes: Rent Only Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lock Box Type: Call Seller Direct; See Remarks Lot Features: Other Parking Features: Assigned; Community Structure; Electric Vehicle Charging Station(s); Shared Driveway Possession: Close Of Escrow Road Frontage Type: City Street; County Road; Highway Road Surface Type: Paved Roof: Shingle; Other Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Available; Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected View: Beach; Ocean; Water Water Source: Public Waterfront Features: Ocean Access; Ocean Front Water Body Access Type: Community; Owned

Contract Information

Listing Contract Date: 2025-01-15
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 4787
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32127
Subdivision Name: Other
MLS Area Major: 11 - Ponce Inlet

Status Change Information

Major Change Timestamp: 2025-06-29T16:32:04Z
Major Change Type: Status Change
Purchase Contract Date: 2025-03-26
Close Date: 2025-06-27
Close Price: 2500000

Income and Expenses

Gross Income: 85592.58
Gross Scheduled Income: 150000

More Information

Unit 1 Details

Unit ID: Yes
Actual Rent: 2500
Unit SqFt: 1480
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Priced based on the season 2500-3000 per month

Unit 2 Details

Unit ID: 2
Actual Rent: 2500
Unit SqFt: 1480
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Priced based on the season 2500-3000 per month

Unit 3 Details

Unit ID: 3
Actual Rent: 2500
Unit SqFt: 1480
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Priced based on the season 2500-3000 per month

Unit 4 Details

Unit ID: 4
Actual Rent: 2500
Unit SqFt: 1480
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Priced based on the season 2500-3000 per month

Unit 5 Details

Unit ID: 5
Actual Rent: 2500
Unit SqFt: 1448
Full Baths Total: 2
Half Baths Total: Yes
Furnished: Furnished
Unit Remarks: Priced based on the season 2500-3000 per month

Location, Tax, and Legal

Country: US
Parcel Number: 6430-09-00-0011
Tax Annual Amount: 5280
Tax Year: 2024
Zoning Description: Multi Family
Elementary School: Longstreet
Middle School: Silver Sands
High School: Spruce Creek
Tax Legal Description: COMMON AREA IN SOUTHERN SHORES MB 35 PG 171 PER OR 2108 PG 0033 PER OR 8164 PG 0546

Currently Not Used

Bedrooms Total: 10
Bathrooms Full: 10
Bathrooms Half: 5
Bathrooms Total: 15
Living Area Source: Appraiser
Building Area Total: 1480
Year Built: 1979
New Construction YN: No
Garage YN: No
Carport YN: No
Entry Level: 1

View

Beach: Yes
Ocean: Yes
Water: Yes

Lock Box Type

Call Seller Direct: Yes
See Remarks: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Association Amenities

Beach Access: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Trash: Yes
Water: Yes

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Multi-Family: Yes
Recreational: Yes
Residential: Yes

Exterior Features

Balcony: Yes
Impact Windows: Yes

Financial Data Source

Property Manager: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Income Includes

Rent Only: Yes

Laundry Features

Electric Dryer Hookup: Yes
In Unit: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Assigned: Yes
Community Structure: Yes
Electric Vehicle Charging Station(s): Yes
Shared Driveway: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes
County Road: Yes
Highway: Yes

Road Surface Type

Paved: Yes

Roof

Shingle: Yes
Other: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Separate Electric Meters: Yes
Separate Water Meters: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Waterfront Features

Ocean Access: Yes
Ocean Front: Yes

Water Body Access Type

Community: Yes
Owned: Yes

Listing Office: Oceans Luxury Realty Full Service LLC

Last Updated: June - 29 - 2025

Information deemed reliable but not guaranteed.

Search