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Ormond-by-the-Sea 32176 Ocean Breeze Circle
5 Ocean Breeze CIRCLE
$390,000
● House - Off Market

5 Ocean Breeze CIRCLE

ORMOND BEACH, FL 32176
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,503 Ft²
$2,036
Est. Monthly
4.35%
Cap Rate

About This Property

Did you want to live just a few houses from the beach walkover and with no through streets? Then this clean property just might do the trick with its open concept living/kitchen area,oversized two car garage with a new water heater, new windows and new roof just installed last year. Not only has the whole house been painted, most all the working components have been serviced for less maintenance to perform for the new owners. Wake up to some gorgeous sunrises and start your day going for a walk on the beach or walk the sidewalks that go for miles in either direction.
Unit Size
1,503 Ft²
Days on Market
47 days
Land Size
0.18 acres
Price per sqft
$265
Property Type
House
Property Taxes
$77
HOA Dues
-
Year Built
1973

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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 #FC300283)

Price History

Date / Event Date Event Price
Jun 12, 2024 Sold
Premium
Sold
May 16, 2024 In contract -
In contract
Apr 26, 2024 Listed by ADAMS, CAMERON & CO., REALTORS $399,000
Listed by ADAMS, CAMERON & CO., REALTORS
Oct 15, 1992 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • 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: 6
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 571
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,740
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,874
  • Gross Building Area: 1,874
  • Building Area: 1,303
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,303
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN BREEZE CIR MB
  • Land Acres: 0000000178
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 27 13 32 LOT 45 EXC E 30 FT & LOT 46 OCEAN BREEZE CIR MB 19 PG 89 PER OR 3784 PG 3220 PER D/C 5861 PG 4938 PER OR 8402 PG 4815

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080202

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0027-27
  • Account Number: 2966564
  • Subdivision Tract Number: 01
  • Parcel: 3227-01-00-0460
  • Lot: 45,46
  • Meridian: SEC 27 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3488
  • Longitude: -81.0677

    Address

  • Full Address: 5 Ocean Breeze Cir
  • Address - House Number: 5
  • Address - Street Name: Ocean Breeze
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2869
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $95,785
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 461,156
  • High Value: 540,730
  • Low Value: 381,583

    Market Valuation

  • Market Total Value: $333,745
  • Market Land Value: $171,518
  • Market Improvement Value: $162,227

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,782

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 1992
  • Current Sale Recording Date: Oct 15, 1992
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Breeze Circle

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$347

Below Asking

0.02%

Average Days on Market

169

Average Home Size

1196 ft²

Average Home Age

39 years

Currently For Sale

0 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 5 Seaside Drive, ORMOND BEACH, FL, 32176

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 784 ft²
5 Seaside Drive, ORMOND BEACH, FL, 32176 Listing by Nathalie Visscher

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Mark Dinorsce
ADAMS, CAMERON & CO., REALTORS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC300283
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 5 Ocean Breeze Circle built and last sold?
The property at 5 Ocean Breeze Circle was built in 1973 and last sold on Oct 15, 1992 for $79,000.
How much is this home worth?
The estimated value of the home located at 5 Ocean Breeze Circle is $0.
What are some comparable homes to 5 Ocean Breeze Circle?
There are currently no comparable homes to 5 Ocean Breeze Circle.
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