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Ormond-by-the-Sea 32176 Ocean Shores
46 Ocean Shore DRIVE
$290,000
● House - Off Market

46 Ocean Shore DRIVE

ORMOND BEACH, FL 32176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,109 Ft²
$1,678
Est. Monthly
7.10%
Cap Rate

About This Property

Ormond Beach Beachside! WALK to the Beach! So many updates: 2023 Inside & Outside Paint, 2023 Garage Flat Roof section, 2021 New Septic and Drainfield, 2021 Professional Low Maintenance Landscaping , 2021 New White Vinyl Fencing , 2019 New Kitchen, 2017 New Hot Water Heater, 2016 new Hurricanes windows on East and North sides, 2015 HVAC, 2015 New Whole House Plumbing, 2012 New Electric Panel, 2012 New Roof with New Gutters. This 3bed/2bth/1car has an Inside Laundry. The New Kitchen boasts Quartz countertops and updated appliances. Tile Flooring throughout the house. The Garage door is hurricane rated. Tom Renick Park is directly at the end of the street for easy parking and Beach access, and bathrooms. Close to Publix, restaurants, banks and shopping. All sizes approx.
Unit Size
1,109 Ft²
Days on Market
39 days
Land Size
0.13 acres
Price per sqft
$289
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1956

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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 #FC295984)

Price History

Date / Event Date Event Price
Dec 19, 2023 Sold
Premium
Sold
Nov 30, 2023 In contract -
In contract
Nov 6, 2023 Listed by RE/MAX SIGNATURE $320,000
Listed by RE/MAX SIGNATURE
Nov 3, 2023 No longer available -
No longer available
Sep 17, 2023 Price Decreased $328,000
↓ $2K (0.6%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 1
  • Garage Square Area: 150
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,643
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,045
  • Gross Building Area: 1,045
  • Building Area: 895
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 895
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN SHORES MB
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 24 OCEAN SHORES MB 23 PG 24 PER OR 3950 PG 4744 PER OR 6580 PG 2211 PER OR 6710 PG 2898 PER OR 6734 PG 2196 PER OR 7176 PG 0851 PER OR 8371 PG 4320

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: E1-0027-34
  • Account Number: 2981091
  • Subdivision Tract Number: 04
  • Parcel: 3234-04-00-0240
  • Lot: 24
  • Meridian: SEC 34 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3314
  • Longitude: -81.0637

    Address

  • Full Address: 46 Ocean Shore Dr
  • Address - House Number: 46
  • Address - Street Name: Ocean Shore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3545
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,738
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0965
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 311,577
  • High Value: 341,647
  • Low Value: 281,506

    Market Valuation

  • Market Total Value: $225,557
  • Market Land Value: $96,045
  • Market Improvement Value: $129,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,725

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 257521
  • Previous Sale Recording Date: Jul 13, 2012
  • Previous Sale Contract Date: Jun 29, 2012
  • Previous Sale Amount: $118,500
  • 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 Shores

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$314

Above Asking

0.00%

Average Days on Market

39

Average Home Size

2288 ft²

Average Home Age

71 years

Currently For Sale

1 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 118 Roberta Road, ORMOND BEACH, FL, 32176

$2,450 /mo

  • 2 Beds
  • 1 Bath
  • 965 ft²
118 Roberta Road, ORMOND BEACH, FL, 32176 Listing by Phyllis Kent

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Angeline Shull
RE/MAX SIGNATURE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC295984
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 46 Ocean Shore Drive built and last sold?
The property at 46 Ocean Shore Drive was built in 1956 and last sold on Dec 13, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 46 Ocean Shore Drive is $316,199.
What are some comparable homes to 46 Ocean Shore Drive?
There are currently no comparable homes to 46 Ocean Shore Drive.
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