$269,500
●
Condo -
Off Market
2480 OCEAN SHORE BOULEVARD #120
ORMOND BEACH, FL 32176
2 Beds
2 Baths,
1
Half Bath
980 Ft²
$1,808
Est. Monthly
7.73%
Cap Rate
About This Property
From the moment you step through the front door of this 2 story
townhouse styled condo you will be stunned with the expansive ocean
views. The home has had recent, numerous, updates/renovations and
is ready to go. Condo is being offered fully furnished and has been
tastefully decorated.....there's not much left for you to do except
bring your suitcase and start enjoying your piece of paradise.
Downstairs offers a kitchen that opens to the living area, a half
bath and an over sized 1 car garage with a laundry area. Upstairs
offers two ample sized bedrooms that are both equipped with private
baths. The community has also had some recent renovations/updates
and is well maintained with funded reserve accounts.
Unit Size
980 Ft²
Days on Market
95 days
Land Size
2.67 acres
Price per sqft
$298
Property Type
Condo
Property Taxes
$374
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: 2 years ago (Stellar MLS #V4941774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Price Decreased |
$292,000
↓ $8K
(2.7%) | |
| Price Decreased | |||
| Mar 24, 2025 | Listed by REALTY PROS ASSURED | $300,000 | |
| Listed by REALTY PROS ASSURED | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Ground Level
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Window Treatments
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Door Features: Sliding Doors
Laundry Features: In Garage
Rooms: 6
Exterior Details
Has Property Attached
Square Footage: 980
Square Footage Source: $0
Security Features: Security Gate
Year Built: 1998
Waterbody Name: ATLANTIC OCEAN
Building Area Total: 1280
Levels: Two
Building Area Units: Square Feet
Construction Materials: Stucco
Patio and Porch Features: Covered
Lot Size Area: 2.6744
Lot Size Units: Acres
Lot Size Acres: 2.67
Lot Size Square Feet: 116498
Tax Lot: 1200
Water Source: Public
Financial Details
Tax Annual Amount: $4,489
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Internet, Sewer, Trash, Water, Community Pool, Pool Maintenance
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: Matt Renshaw
REALTY PROS ASSURED
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# V4941774
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.
REALTY PROS ASSURED
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# V4941774
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