$494,018*
●
Condo -
Off Market
1051 Ocean Shore Boulevard #1003
Ormond Beach, FL 32176
2 Beds
2 Baths
1,200 Ft²
$428,000 - $522,000
Reference Base Price*
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
One of the few units on the market that allows short term rentals
in Ormond by the Sea! Enjoy gorgeous ocean views from nearly every
room as well as the beachfront balcony. This unique building also
offers a river-view balcony at the front. Hardwood flooring and
tile make cleanup a breeze after spending the day at the beach or
pool. This unit boasts two walk-in closets, two pantry closets, and
an extra large laundry/storage closet. Your unit's private laundry
is located across the hall from the front door with newer
commercial Speed Queen washer and dryer. Long time owner customized
this home with built-ins in the master bedroom and bathroom-perfect
for someone working from home or just looking for more storage.
Sliding doors to the ocean-facing balcony from living room and
master bedroom.
The manager has listed the unit size as 1200 square feet.
The manager has listed the unit size as 1200 square feet.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$396
Property Type
Condo
Property Taxes
-
HOA Dues
$595
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2022 | No longer available | - | |
| No longer available | |||
| Aug 26, 2022 | Listed | $475,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,000
2 Bed
2 Bath
1200 ft²
|
$435,500
-12.73%
12/12/2025
|
Kevin Kling
Gaff's Realty Company
| |
|
05/29/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$495,000
2 Bed
2 Bath
1200 ft²
|
$465,000
-6.06%
08/28/2024
|
Rachel McGrath
Premier Sotheby's International Realty
| |
|
04/23/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$549,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
SHIMON MEIR
SLATE REAL ESTATE
| |
|
04/15/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Geraldine Westfall Adams
Geri Westfall Real Estate
| |
|
03/21/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$550,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Angela Dimauro
Aloha Realty of Florida LLC
| |
|
02/21/2024
|
3 Bed
|
3 Bath
|
1836 ft²
|
$725,000
3 Bed
3 Bath
1836 ft²
|
$685,000
-5.52%
04/30/2024
|
Rachel McGrath
Premier Sotheby's International Realty
| |
|
09/08/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$519,000
2 Bed
2 Bath
1200 ft²
|
$495,000
-4.62%
10/18/2023
|
Lori Schultz
PREMIER SOTHEBYS INTL REALTY
| |
|
08/25/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$467,500
2 Bed
2 Bath
1200 ft²
|
$467,500
09/20/2023
|
NON MLS
NON MLS
| |
|
08/05/2023
|
3 Bed
|
3 Bath
|
1836 ft²
|
$600,000
3 Bed
3 Bath
1836 ft²
|
-
-
|
Breana Akerberg
Adams, Cameron & Co., Realtors
| |
|
06/15/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$439,900
2 Bed
2 Bath
1200 ft²
|
$422,500
-3.96%
09/01/2023
|
Lori Jean Schultz
RE/MAX Services
| |
|
03/31/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$475,000
2 Bed
2 Bath
1200 ft²
|
$487,000
+2.53%
05/17/2023
|
Dawn Larsen
Adams, Cameron & Co. REALTORS
| |
|
03/28/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$525,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Robert Allen
RE/MAX PALM REALTY
| |
|
03/28/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$465,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Robert Allen
RE/MAX PALM REALTY
| |
|
03/28/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$559,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Robert Allen
RE/MAX PALM REALTY
| |
|
08/26/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$475,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
Dawn Larsen
Adams, Cameron & Co., Realtors
| |
|
07/30/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$497,500
2 Bed
2 Bath
1200 ft²
|
$497,500
08/19/2022
|
Giselle Ramirez
CHARLES RUTENBERG REALTY ORLANDO
| |
|
07/26/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$579,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Kelley K Sarantis
Bob Hodges And Sons Realty
| |
|
11/19/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$390,000
2 Bed
2 Bath
1200 ft²
|
$420,000
+7.69%
03/01/2022
|
Dawn Larsen
Adams, Cameron & Co., Realtors
| |
|
10/23/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$360,000
2 Bed
2 Bath
1200 ft²
|
$380,000
+5.56%
11/29/2021
|
Dawn Larsen
Adams, Cameron & Co., Realtors
| |
|
09/24/2021
|
3 Bed
|
3 Bath
|
1836 ft²
|
$669,900
3 Bed
3 Bath
1836 ft²
|
-
-
|
Dawn Larsen
Adams, Cameron & Co., Realtors
| |
|
09/03/2021
|
3 Bed
|
3 Bath
|
1836 ft²
|
$560,000
3 Bed
3 Bath
1836 ft²
|
$573,000
+2.32%
11/03/2021
|
Dawn Larsen
Adams, Cameron & Co., Realtors
| |
|
07/19/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$365,000
2 Bed
2 Bath
1200 ft²
|
$392,000
+7.40%
09/24/2021
|
Dawn Larsen
Adams, Cameron & Co., Realtors
| |
|
03/26/2021
|
2 Bed
|
2 Bath
|
1200 ft²
|
$325,000
2 Bed
2 Bath
1200 ft²
|
$359,000
+10.46%
04/27/2021
|
Dawn Larsen
| |
|
12/17/2020
|
3 Bed
|
3 Bath
|
1836 ft²
|
$525,000
3 Bed
3 Bath
1836 ft²
|
-
-
|
-
| |
|
07/26/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$329,900
2 Bed
2 Bath
1200 ft²
|
$315,000
-4.52%
09/24/2019
|
Brian Madsen
| |
|
11/30/-0001
|
2 Bed
|
2 Bath
|
1200 ft²
|
$519,000
2 Bed
2 Bath
1200 ft²
|
$495,000
-4.62%
10/17/2023
|
Lori Jean Schultz
RE/MAX Services
|
Building Info
1051 Ocean Shore Boulevard
1051 Ocean Shore Boulevard, Ormond Beach, FL 32176
- 2 Units for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017