$410,000
●
House -
Off Market
114 OCEAN AIRE TERRACE N
ORMOND BEACH, FL 32176
2 Beds
2 Baths
1,440 Ft²
$2,579
Est. Monthly
3.10%
Cap Rate
About This Property
Move-In Ready Coastal Gem in Ormond-by-the-Sea! Just steps from the
Atlantic Ocean and moments from the Intracoastal Waterway/Halifax
River, this beautifully updated beachside home offers the perfect
blend of style, comfort, and convenience. Inside, you'll find a
bright and airy open floor plan featuring wood-look tile flooring
throughout, large baseboards, and elegant Plantation Shutters. The
updated kitchen boasts modern finishes and flows seamlessly into
the living areas-ideal for entertaining. Enjoy your morning coffee
on the charming covered porch, or relax in the private, fenced
backyard with low-maintenance vinyl fencing. Recent upgrades
include 2023 Roof and AC and new windows for energy efficiency and
peace of mind. Located in a quiet, neighborhood with easy access to
shopping, dining, and all that Ormond Beach has. Don't miss this
move-in ready opportunity just a short stroll from the sand! 7
Houses from the beach!
Unit Size
1,440 Ft²
Days on Market
52 days
Land Size
0.16 acres
Price per sqft
$292
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
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 (Stellar MLS #V4942784)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 16, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Listed by RE/MAX SIGNATURE | $420,000 | |
| Listed by RE/MAX SIGNATURE | |||
| Dec 13, 2019 | No longer available | - | |
| No longer available | |||
| Dec 7, 2019 | Listed | $279,900 | |
| Listed | |||
| | |||
|
Beautifuly updated home in Ormond by the Sea just steps to the gorgeous no drive beach, stunning sun rises. This part of the beach has no high rise condominiums giving a private and relaxing feel. As you enter through the front door, you'll notice brand new plank tile flooring, beautiful plantation shutters, kitchen with granite counters, farm sink and a brand new KitchenAid dishwasher. Walk down the hallway to a guest bathroom, a guest bedroom and master bedroom with a gorgeous en suite. Both bedrooms have walk-in closets. A brand new vinyl fence was just installed for privacy on the back covered patio. New custom hurricane garage door, sliding impact door, HVAC 2015, water heater 2016. ADT alarm, RingPro also inluded. Don't wait to see this beauty that is an easy walk to the beach! The manager has listed the unit size as 1440 square feet.
| |||
Property Highlights
Garage
Air Conditioning
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
About Ocean Aire Terrace
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Janet Fuller
RE/MAX SIGNATURE
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# V4942784
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.
RE/MAX SIGNATURE
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# V4942784
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017