$230,000
●
Condo -
Off Market
2480 OCEAN SHORE BOULEVARD #118
ORMOND BEACH, FL 32176
2 Beds
2 Baths,
1
Half Bath
980 Ft²
$1,346
Est. Monthly
10.32%
Cap Rate
About This Property
Uninterrupted ocean views, maintenance-free living, and the beach
just steps away.. this is coastal living at its best. This updated
2-bedroom, 2.5-bath oceanfront townhome in a gated Ormond Beach
community offers sunrise views from your living room, patio, and
private upstairs balcony, with ocean breezes and natural light
filling both levels.
The layout is open and functional, featuring an attached garage, in-unit laundry, and en-suite baths in both bedrooms. Recent improvements include a newly refaced balcony (2022), a 2021 HVAC system, and a roof just 3 years old, giving you comfort and peace of mind.
The HOA takes care of cable, internet, water, sewer, trash, exterior maintenance, and insurance, so you can truly relax and enjoy the oceanfront lifestyle. Ideal as a primary home, vacation getaway, or snowbird retreat.
The layout is open and functional, featuring an attached garage, in-unit laundry, and en-suite baths in both bedrooms. Recent improvements include a newly refaced balcony (2022), a 2021 HVAC system, and a roof just 3 years old, giving you comfort and peace of mind.
The HOA takes care of cable, internet, water, sewer, trash, exterior maintenance, and insurance, so you can truly relax and enjoy the oceanfront lifestyle. Ideal as a primary home, vacation getaway, or snowbird retreat.
Unit Size
980 Ft²
Days on Market
53 days
Land Size
2.67 acres
Price per sqft
$250
Property Type
Condo
Property Taxes
$143
HOA Dues
-
Year Built
1997
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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: 10 months ago (Stellar MLS #V4945594)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$244,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Oct 27, 2025 | Listed by KELLER WILLIAMS RLTY FL. PARTN | $249,900 | |
| Listed by KELLER WILLIAMS RLTY FL. PARTN | |||
| Jul 4, 2025 | Listed | $244,900 | |
| Listed | |||
| | |||
|
Uninterrupted ocean views, maintenance-free living, and the beach just steps away..this is the one!
This updated 2-bedroom, 2.5-bath oceanfront townhome in a gated Ormond Beach community offers the ultimate coastal lifestyle. Enjoy sunrise views from your living room, patio, and upstairs balcony, with ocean breezes and natural light flowing through both levels.
The layout is open and functional, with an attached garage, in-unit laundry, and en-suite baths in both bedrooms. Key upgrades include a 3-year-old roof, newly refaced balconies (2022), and a 4-year-old HVAC system, giving peace of mind along with those oceanfront vibes.
HOA covers cable, internet, water, sewer, trash, exterior maintenance, and insurance, so you can truly relax and enjoy beachside living. Perfect for a primary home, vacation escape, or snowbird retreat.
| |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Split Bedroom
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Flooring Type: Tile
Laundry Features: Inside
Rooms: 7
Exterior Details
Has Property Attached
Square Footage: 980
Square Footage Source: $0
Security Features: Closed Circuit Camera(s)
Year Built: 1998
Building Area Total: 980
Levels: Two
Other Structures: Storage
Building Area Units: Square Feet
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Patio
Pool Features: In Ground
Lot Size Area: 2.6744
Lot Size Units: Acres
Lot Size Acres: 2.67
Lot Size Square Feet: 116498
Tax Lot: 1180
Water Source: Public
Financial Details
Tax Annual Amount: $1,711
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
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 |
|---|---|---|---|---|---|---|---|
|
10/27/2025
|
2 Bed
|
2 Bath
|
980 ft²
|
$249,900
2 Bed
2 Bath
980 ft²
|
$230,000
-7.96%
12/19/2025
|
Brannon Owens
KELLER WILLIAMS RLTY FL. PARTN
| |
|
03/24/2025
|
2 Bed
|
2 Bath
|
980 ft²
|
$300,000
2 Bed
2 Bath
980 ft²
|
$269,500
-10.17%
06/30/2025
|
Matt Renshaw
REALTY PROS ASSURED
| |
|
05/16/2024
|
2 Bed
|
3 Bath
|
986 ft²
|
$355,000
2 Bed
3 Bath
986 ft²
|
$286,000
-19.44%
08/30/2024
|
Renata Rosander
Realty Pros Assured
| |
|
12/15/2023
|
2 Bed
|
2.5 Bath
|
980 ft²
|
$389,000
2 Bed
2.5 Bath
980 ft²
|
-
-
|
Matthew Renshaw
Realty Pros Assured
| |
|
03/05/2022
|
2 Bed
|
3 Bath
|
980 ft²
|
$350,000
2 Bed
3 Bath
980 ft²
|
-
-
|
Marsha E. Cooksey PA
Realty Pros Assured
|
Building Info
2480 Ocean Shore Boulevard
2480 Ocean Shore Boulevard, Ormond Beach, FL 32176
About Ocean Dunes Townhouse Condominiums
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Listed by: Brannon Owens
KELLER WILLIAMS RLTY FL. PARTN
Last Updated: 10 months ago
Data Source: Stellar MLS, MLS# V4945594
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.
KELLER WILLIAMS RLTY FL. PARTN
Last Updated: 10 months ago
Data Source: Stellar MLS, MLS# V4945594
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