by Global Lifestyle Properties

See Home Value
$290,000
● House - Off Market

40 PALM DRIVE

ORMOND BEACH, FL 32176
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,052 Ft²
$1,848
Est. Monthly
7.63%
Cap Rate

About This Property

Live the beachside lifestyle in this Ormond Beach home, less than half a mile from the shoreline. From your doorstep you can hear the waves, reach the sand in minutes, and still be close to grocery stores, shops, and everyday conveniences. This 2-bedroom, 2-bath home offers 1,052 square feet and is move-in ready. The interior and exterior have been updated within the past couple of years, giving the home a well-kept, coastal feel. The kitchen has new countertops, a central island, and an open layout that flows easily into the living spaces. Both bedrooms have new vinyl flooring, and a bonus area provides flexibility for an office, lounge, or storage for beach gear. The large covered patio is perfect for relaxing or hosting friends, while the oversized front and back yards give you plenty of outdoor space. Parking is convenient with a one-car garage plus a one-car carport. With its updates, outdoor living spaces, and unbeatable location near the ocean, this home delivers the best of Ormond Beach living. Mortgage savings may be available for buyers of this listing.
Unit Size
1,052 Ft²
Days on Market
90 days
Land Size
0.16 acres
Price per sqft
$276
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1955

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Last updated: 10 months ago (Stellar MLS #O6345566)

Price History

Date / Event Date Event Price
Dec 18, 2025 Sold
Sold
Nov 10, 2025 In contract -
In contract
Oct 1, 2025 Price Decreased $290,000
↓ $10K (3.3%)
Price Decreased
Sep 19, 2025 Listed by REDFIN CORPORATION $300,000
Listed by REDFIN CORPORATION
Dec 28, 2020 Sold
Sold
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Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • 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: 1
  • Garage Square Area: 210
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,130
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,262
  • Gross Building Area: 1,262
  • Building Area: 1,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,052
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORMOND BY THE SEA
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 97 ORMOND BY THE SEA PLAT 7 MB 23 PG 20 PER OR 4826 PG 4444 PER OR 7962 PG 4461

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080300

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0028-03
  • Account Number: 3027035
  • Subdivision Tract Number: 14
  • Parcel: 4203-14-00-0970
  • Lot: 97
  • Meridian: SEC 03 TWN 14S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3266
  • Longitude: -81.0618

    Address

  • Full Address: 40 Palm Dr
  • Address - House Number: 40
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C022
  • 4-Digit Zip Code: 3515
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,006
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 338,420
  • High Value: 408,362
  • Low Value: 268,479

    Market Valuation

  • Market Total Value: $265,476
  • Market Land Value: $109,694
  • Market Improvement Value: $155,782

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,476
  • Assessed Land Value: $109,694
  • Assessed Improvements Value: $155,782

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-250704
  • Previous Sale Recording Date: Mar 02, 2002
  • Previous Sale Contract Date: Feb 27, 2002
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Ormond by The Sea


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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


Frequently Asked Questions

When was property at 40 Palm Drive built and last sold?
The property at 40 Palm Drive was built in 1955 and last sold on Dec 23, 2020 for $140,000.
How much is this home worth?
The estimated value of the home located at 40 Palm Drive is $0.
What are some comparable homes to 40 Palm Drive?
There are currently no comparable homes to 40 Palm Drive.