345 E MERIMONT LANE
About This Property
The thoughtfully designed kitchen overlooks the expansive great room and dining area, creating the perfect space for entertaining or everyday living. Featuring abundant cabinetry, generous counter space, a large center island, and a walk in pantry, the kitchen is truly the heart of the home.
The private primary suite is tucked away from the secondary bedrooms and offers a relaxing retreat with a spacious walk in closet, dual vanities, and a large walk in shower.
One of the home's standout features is the private in-law suite, complete with its own bedroom and bath, ideal for aging parents, extended family, long-term guests, or a young adult who would appreciate their own private space. An additional flex room offers endless possibilities and can easily serve as a home office, guest room, playroom, or hobby space.
Step outside to a beautifully landscaped backyard that provides exceptional privacy while still allowing you to enjoy peaceful water views, the perfect setting for your morning coffee or relaxing evenings.
A spacious three car garage provides ample room for vehicles, storage, and recreational equipment. If you need additional space for larger toys such as boats, RVs, or trailers, the community also offers a secure rental storage area at a reasonable price.
Conveniently located just minutes from shopping, dining, medical facilities, I-95, and the beautiful beaches of Ormond Beach, this home offers the perfect blend of modern living, flexibility, and Florida lifestyle. Don't miss your opportunity to own this exceptional home in one of Ormond Beach's most sought-after communities. If you'd like to purchase now but aren't quite ready to move in just yet, the owners are willing to rent the property back through June 2027.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$554,999
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 26, 2026 | Price Decreased |
$560,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Jul 2, 2026 | Listed by BETTER HMS & GARDENS RE SYNERG | $575,000 | |
| Listed by BETTER HMS & GARDENS RE SYNERG | |||
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017