$190,000
●
Condo -
Off Market
140 LIMEWOOD PLACE #C
ORMOND BEACH, FL 32174
2 Beds
2 Baths,
1
Half Bath
1,316 Ft²
$1,588
Est. Monthly
$500
HOA / Fees
9.37%
Cap Rate
About This Property
Welcome to this cozy canal-front condo in the heart of Ormond
Beach! This fully furnished 2-bedroom, 2.5-bath home features an
updated kitchen, in-unit laundry, and a stylish wet bar perfect for
entertaining. Enjoy water views and a low-maintenance lifestyle
with access to a wide range of community amenities, including a
pool, tennis courts, and basketball. Conveniently located near
shopping, dining, and easy highway access-this condo offers the
perfect blend of comfort, convenience, and leisure. Don't miss out
on this move-in ready gem!
Unit Size
1,316 Ft²
Days on Market
54 days
Land Size
0.03 acres
Price per sqft
$148
Property Type
Condo
Property Taxes
$130
HOA Dues
$500
Year Built
-
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Cap Rate Calculator
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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 #NS1085035)
Price History
Property Highlights
Parking Available
Garage
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Open Floorplan, Split Bedroom
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Laundry Features: Inside, Laundry Closet, Same Floor As Condo Unit
Rooms: 5
Exterior Details
Square Footage: 1316
Square Footage Source: $0
Year Built: 1985
Building Area Total: 1582
Levels: Two
Building Area Units: Square Feet
Construction Materials: Stucco, Wood Siding, Wood Siding
Patio and Porch Features: Patio, Porch
Lot Size Area: 1316
Lot Size Units: Square Feet
Lot Size Acres: 0.03
Lot Size Square Feet: 1316
Tax Lot: 3
Water Source: Public
Financial Details
Tax Annual Amount: $1,564
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Internet, Maintenance Grounds, Pest Control, Sewer, Trash, Water, Community Pool, Other, Pool Maintenance
HOA/Condo/Coop Amenities: Maintenance, Pool, Tennis Court(s), Pickleball Court(s)
HOA Fee: $500
HOA 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 |
|---|---|---|---|---|---|---|---|
|
06/01/2025
|
2 Bed
|
2 Bath
|
1316 ft²
|
$195,000
2 Bed
2 Bath
1316 ft²
|
$190,000
-2.56%
07/25/2025
|
Michael Gagliardi
RE/MAX SIGNATURE
| |
|
04/17/2025
|
2 Bed
|
2 Bath
|
1316 ft²
|
$175,000
2 Bed
2 Bath
1316 ft²
|
$147,000
-16.00%
11/10/2025
|
Douglas Gernert
RE/MAX SIGNATURE
| |
|
10/09/2023
|
2 Bed
|
3 Bath
|
1300 ft²
|
$214,500
2 Bed
3 Bath
1300 ft²
|
-
-
|
Cliff Glansen
FLATFEE.COM
| |
|
01/13/2021
|
2 Bed
|
3 Bath
|
1286 ft²
|
$149,500
2 Bed
3 Bath
1286 ft²
|
$142,500
-4.68%
04/19/2021
|
Lisa Giacona
| |
|
09/02/2020
|
2 Bed
|
3 Bath
|
1262 ft²
|
$152,000
2 Bed
3 Bath
1262 ft²
|
-
-
|
-
| |
|
06/27/2019
|
2 Bed
|
3 Bath
|
1316 ft²
|
$134,900
2 Bed
3 Bath
1316 ft²
|
-
-
|
-
| |
|
08/21/2018
|
2 Bed
|
3 Bath
|
1286 ft²
|
$149,500
2 Bed
3 Bath
1286 ft²
|
-
-
|
-
| |
|
07/16/2018
|
2 Bed
|
3 Bath
|
1262 ft²
|
-
2 Bed
3 Bath
1262 ft²
|
-
-
|
-
|
Building Info
About Volusia
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Listed by: Michael Gagliardi
RE/MAX SIGNATURE
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# NS1085035
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# NS1085035
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