502 S Beach St, Ormond Beach, FL 32174

Indulge in this rare opportunity to own a circa 1909 era mansion/estate situated on 1.5 acres of riverfront land with a beautiful dock and boat lift! This estate is located on the sought after location of Beach Street in Ormond Beach along the Halifax River. It features 8 cottages behind the main house that are rented to long term tenants. The main house is over 3,000 finished square feet, and each cottage is between 600 and 700 finished square feet. The historic mansion/estate has been maintained to preserve its timeless old Florida charm with restored hardwood floors and a unique interior. Features such as a sunken living room with large coquina fireplace and skylights, staged grand piano, elevator, multiple sunrooms, en-suite full bathrooms, large first level master bedroom with fireplace, and much more! There is a private drive to the north of the main house that leads to an oversized garage with 2 bays, and a separate drive to the south for tenant use. With 8 apartments, 5 self storage bays, and private dock with boat lift, you are sure to bring in substantial and consistent income. You can reside in the main house while having great cashflow in your very own backyard or rent the main house for even more income. Just 1 mile from downtown Ormond Beach, this beautiful historic property is just a short walk or bike ride away from multiple riverside parks, restaurants, coffee shops, and more. Enjoy sunrise views from the covered front porch and spot dolphins as they playfully swim by the dock. Each of the 8 cottages are 1 bedroom, 1 bathroom with long term tenants. Cottage closest to main house could also be utilized as a mother in law suite. The main house features 4 bedrooms upstairs with 3 full en-suite bathrooms and 3 sunrooms. The main floor of the house has a large master bedroom with fireplace, a full bathroom, a game room that could function as a 6th bedroom, enclosed sunroom, and 2 beautiful porches at each main entry to the house. This is truly a unique opportunity to own a historical estate on Beach Street as the rental cottages are grandfathered in and could not be duplicated. What more can you ask for with the unique combination of income-generating opportunities and a picturesque waterfront lifestyle. The main house is a charming residence that presents an ideal living space for the new buyer. With its prime location at the front of the property, it offers breathtaking views of the beautiful river waterfront. Imagine waking up to stunning sunrises, with the glistening water just steps away from your doorstep. The house boasts spacious rooms and large windows that allow for abundant natural light that maximize the scenic views. This exceptional property offers a unique blend of old Florida charm, modern amenities, and income-generating potential. Embrace the waterfront lifestyle, relish the lush surroundings, and enjoy the tranquility and privacy it provides.