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Ormond-by-the-Sea 32176 Ocean Breeze Circle
10 Ocean Breeze CIRCLE
$280,000
● House - Off Market

10 Ocean Breeze CIRCLE

ORMOND BEACH, FL 32176
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$254,304
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

THE PROPERTY IS BEING SOLD AS IS - ATTENTION INVESTORS !!! If you've dreamed of living or having your own investment property by the BEACH, here's your opportunity! Only 6 houses from the Ocean, this solid block - 2 Bedroom 1 Bath Bungalow offers endless possibilities. Prime for flipping or rehabbing and turning it into a lucrative rental unit. Don't miss out on this amazing opportunity to turn a diamond in the rough into a shining gem. All listing information is deemed reliable, but not guaranteed and should be independently verified through personal inspection by appropriate professionals.
Unit Size
1,008 Ft²
Days on Market
30 days
Land Size
0.18 acres
Price per sqft
$253
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #O6116958)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
Jun 7, 2023 Listed by CORBELO LLC $255,000
Listed by CORBELO LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 17
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 14
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN BREEZE MB
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 27-13-32 LOT 33 & E 1/2 OF LOT 34 OCEAN BREEZE MB 19 PG 89 PER OR 1769 PG 0514 PER OR 8424 PG 3302 PER OR 8434 PGS 4962 THRU 4966 INC PER OR 8434 PG 4979

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080202

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0027-27
  • Account Number: 2966491
  • Subdivision Tract Number: 01
  • Parcel: 3227-01-00-0330
  • Lot: 33,34
  • Meridian: SEC 27 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3491
  • Longitude: -81.0684

    Address

  • Full Address: 10 Ocean Breeze Cir
  • Address - House Number: 10
  • Address - Street Name: Ocean Breeze
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2822
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,519
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0965
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 248,468
  • High Value: 272,448
  • Low Value: 224,488

    Market Valuation

  • Market Total Value: $254,054
  • Market Land Value: $174,983
  • Market Improvement Value: $79,071

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,054
  • Assessed Land Value: $174,983
  • Assessed Improvements Value: $79,071

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 147238
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean Breeze Circle

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$347

Below Asking

0.02%

Average Days on Market

169

Average Home Size

1196 ft²

Average Home Age

39 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 37 Berkley Road, Ormond Beach, FL, 32176

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,237 ft²
37 Berkley Road, Ormond Beach, FL, 32176 Listing by Michelle Ortelli

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Michael Kara
CORBELO LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6116958
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10 Ocean Breeze Circle built and last sold?
The property at 10 Ocean Breeze Circle was built in 1955 and last sold on Jul 6, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 10 Ocean Breeze Circle is $0.
What are some comparable homes to 10 Ocean Breeze Circle?
There are currently no comparable homes to 10 Ocean Breeze Circle.
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