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Ormond-by-the-Sea 32176 Ocean Breeze Circle
20 Ocean Breeze CIRCLE
$295,000
● House - Off Market

20 Ocean Breeze CIRCLE

ORMOND BEACH, FL 32176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,421 Ft²
$1,963
Est. Monthly
6.40%
Cap Rate

About This Property

Nestled between the Intracoastal Waterway and Atlantic Ocean, walking distance to the beach, this home is the perfect opportunity to own a beachside bungalow. This 3 bedroom, 2 bath, home offers an updated master bath and newer stainless range and refrigerator and an indoor laundry area. With a 2018 Roof, 2019 HVAC and 2021 Hot Water Heater all the big-ticket items are already done. A little updating and TLC will bring back all the charm and make for a perfect second home or seasonal rental that allows for a 30-day minimum rental period. All information taken from the tax record and, while deemed reliable, cannot be guaranteed.
Unit Size
1,421 Ft²
Days on Market
69 days
Land Size
0.12 acres
Price per sqft
$229
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1981

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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: 3 years ago (Stellar MLS #FC299906)

Price History

Date / Event Date Event Price
Jun 20, 2024 Sold
Premium
Sold
Apr 17, 2024 In contract -
In contract
Apr 12, 2024 Listed by GERI WESTFALL REAL ESTATE $325,000
Listed by GERI WESTFALL REAL ESTATE
Aug 8, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,160
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,421
  • Gross Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN BREEZE CIRCLE MB
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 27 13 32 LOT 14 OCEAN BREEZE CIRCLE MB 19 PG 89 PER OR 3985 PG 1069 PER OR 6619 PG 2085 PER OR 6653 PGS 2826-2827

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080202

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0027-27
  • Account Number: 2966327
  • Subdivision Tract Number: 01
  • Parcel: 3227-01-00-0140
  • Lot: 14
  • Meridian: SEC 27 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3497
  • Longitude: -81.0692

    Address

  • Full Address: 20 Ocean Breeze Cir
  • Address - House Number: 20
  • Address - Street Name: Ocean Breeze
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2870
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,859
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 405,919
  • High Value: 485,475
  • Low Value: 326,363

    Market Valuation

  • Market Total Value: $266,200
  • Market Land Value: $114,345
  • Market Improvement Value: $151,855

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,200
  • Assessed Land Value: $114,345
  • Assessed Improvements Value: $151,855

    Sales

  • Current Sale Contract Date: Nov 17, 2011
  • Current Sale Recording Date: Nov 22, 2011
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011-197949
  • Previous Sale Recording Date: Aug 08, 2011
  • Previous Sale Contract Date: Jul 29, 2011
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean Breeze Circle

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$347

Below Asking

0.02%

Average Days on Market

169

Average Home Size

1196 ft²

Average Home Age

39 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 37 Berkley Road, Ormond Beach, FL, 32176

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,237 ft²
37 Berkley Road, Ormond Beach, FL, 32176 Listing by Michelle Ortelli
Unit for rent at 54 River Shore, ORMOND BEACH, FL, 32176

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
54 River Shore, ORMOND BEACH, FL, 32176 Listing by Richard Zimmer

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Renae Cowdell
GERI WESTFALL REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC299906
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.

Frequently Asked Questions

When was property at 20 Ocean Breeze Circle built and last sold?
The property at 20 Ocean Breeze Circle was built in 1981 and last sold on Nov 17, 2011 for $0.
How much is this home worth?
The estimated value of the home located at 20 Ocean Breeze Circle is $0.
What are some comparable homes to 20 Ocean Breeze Circle?
There are currently no comparable homes to 20 Ocean Breeze Circle.
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