11 Cardinal Drive #B
About This Property
The manager has listed the unit size as 822 square feet.
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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%.
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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.
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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 19, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed | $254,500 | |
| Listed | |||
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Welcome to 11 Cardinal Drive Unit B, a charming and updated beachside property that truly stands out—starting with its two single-car garages, a rare and valuable find in this area. Whether you're looking for extra storage, space for your beach gear, or parking for guests, this feature alone makes this home a gem.
Inside, you’ll find a freshly painted interior, brand-new flooring, and a split floor plan that offers both comfort and privacy—perfect for families, vacationers, or anyone seeking laid-back coastal living. The kitchen has been beautifully upgraded with brand-new butcher block countertops, adding warmth and character to the heart of the home. Another bonus? A closed-in lanai that’s perfect for sipping morning coffee or enjoying a glass of wine with loved ones after a day in the sun.
Located in the heart of Ormond Beach, this home sits between the Halifax River and the Atlantic Ocean, offering the best of both worlds. You’re just a short walk to the beach and moments from the amazing restaurants, shops, and entertainment on Granada Boulevard—not to mention the local favorite, Publix, right down the street.
This community has been a beloved part of Ormond Beach since before the 1960s and continues to charm residents and visitors alike. Whether you're searching for your forever home or the perfect beachside getaway, 11 Cardinal Drive Unit B checks all the boxes.
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| Apr 11, 2025 | Listed | $259,500 | |
| Listed | |||
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Very Nice 2 bedroom 1 bath unit with large patio in rear, enclosed Florida room, 2 driveways and 2 garages. Completely updated with Luxury vinyl planking throughout with carpet in bedroom and tile in the Florida room.Upgraded Kitchen with stainless steel appliance package including dishwasher, new cabinets,granite counter tops new washer/dryer stack included in inside laundry. New roof in 2021, smooth ceilings and interior paint,l replaced a/c system in 2018. Building tented in 2020.Replaced entire sewer run to street with pvc and has separate water meter.Community inground pool, tennis, clubhouse, and walk to beach! Low quarterly HOA fee includes lawncare and paints exterior approx. every 5 years. All measurements are considered accurate but not warranted.This is a one of a kind in Ocean Village. IT HAS TOO MUCH VALUE TO LIST IT ALL. YOU HAVE TO SEE IT TO BELIEVE IT!! Better Hurry!
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| Sep 9, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2025
|
2 Bed
|
1 Bath
|
822 ft²
|
$254,500
2 Bed
1 Bath
822 ft²
|
$246,500
-3.14%
09/19/2025
|
Taner Banks
NEXTHOME AT THE BEACH
| |
|
11/05/2022
|
2 Bed
|
1 Bath
|
964 ft²
|
$242,500
2 Bed
1 Bath
964 ft²
|
-
-
|
Paul Hart
Hart Pro Realty
| |
|
07/20/2021
|
2 Bed
|
1 Bath
|
822 ft²
|
$224,500
2 Bed
1 Bath
822 ft²
|
$224,500
09/09/2021
|
Paul Hart
Hart Pro Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017