$467,500
●
Condo -
Off Market
1051 OCEAN SHORE Boulevard #804
Ormond Beach, FL 32176
2 Beds
2 Baths
1,200 Ft²
$464,584
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$390
Property Type
Condo
Property Taxes
-
HOA Dues
$683
Year Built
-
Payment Calculator
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%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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.
Last updated: 2 years ago (Real MLS #1249438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Aug 25, 2023 | Listed by NON MLS (realMLS) | $467,500 | |
| Listed by NON MLS (realMLS) | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Living Area Square Feet Source: Public Records
Exterior Details
Year Built: 1982
Parcel Number: 420334000804
Zoning Description: Condominium
Stories: 1
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Water Information: Public
Location Details
Association Fee: $683
Association Fee Frequency: Monthly
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
About Van Lee Condominiums
Similar Homes for Sale
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Listed by: NON MLS (realMLS), NON MLS (realMLS)
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1249438
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1249438
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