4787 S Atlantic Avenue, Ponce Inlet, FL 32127
$2,500,000
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
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 individual resale. Don't miss out on this remarkable chance to own a piece of paradise. Act now and secure your future in this thriving beach community in Ponce Inlet, Florida!
More Information MLS# 1207991
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: 1
Ocean: 1
Water: 1
General Property Information
Lot Size Acres: 0.352
Living Area: 6400
Number Of Units Total: 5
CDD Fee YN: No
Association YN: Yes
Association Fee: 0
Association Fee Frequency: Annually
Association Name: Southern Shores
Waterfront YN: Yes
Water Frontage Feet: 105
Senior Community YN: No
Direction Faces: East
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.
Furnished: Furnished
Stories: 2
Stories Total: 2
Water Body Access YN: Yes
List Price/SqFt: 453.13
Sold Price/SqFt: 390.63
Bedrooms Total: 10
Bathrooms Total: 15
Bathrooms Full: 10
Year Built: 1979
Lock Box Type
Call Seller Direct: 1
See Remarks: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Association Amenities
Beach Access: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Trash: 1
Water: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Multi-Family: 1
Recreational: 1
Residential: 1
Exterior Features
Balcony: 1
Impact Windows: 1
Financial Data Source
Property Manager: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Income and Expenses
Gross Income: 85592.58
Gross Scheduled Income: 150000
Income Includes
Rent Only: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Parking Features
Assigned: 1
Community Structure: 1
Electric Vehicle Charging Station(s): 1
Shared Driveway: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
County Road: 1
Highway: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Other: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 1
Actual Rent: 2500
Unit SqFt: 1480
Beds Total: 2
Full Baths Total: 2
Half Baths Total: 1
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
Beds Total: 2
Full Baths Total: 2
Half Baths Total: 1
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
Beds Total: 2
Full Baths Total: 2
Half Baths Total: 1
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
Beds Total: 2
Full Baths Total: 2
Half Baths Total: 1
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
Beds Total: 2
Full Baths Total: 2
Half Baths Total: 1
Furnished: Furnished
Unit Remarks: Priced based on the season 2500-3000 per month
Utilities
Cable Available: 1
Electricity Connected: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Waterfront Features
Ocean Access: 1
Ocean Front: 1
Water Body Access Type
Community: 1
Owned: 1
Contract Information
Current Price: $2,500,000
Sold Price: $2,500,000
Status: Closed
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
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
Listing Office:
Oceans Luxury Realty Full Service LLC
Last Updated: June - 29 - 2025
Information deemed reliable but not guaranteed.