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Ormond-by-the-Sea 32176 Oceanside Estates
5 Ocean CIRCLE
$626,900
● House - Off Market

5 Ocean CIRCLE

ORMOND BEACH, FL 32176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,279 Ft²
$724,796
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Beautiful 3 bedroom, 2 bath home a short distance to the beach. Professionally renovated in 2005, this home still brings the looks. The living areas are open, yet separated, great for entertaining. 18'' tile throughout this home, except in the bedrooms, makes for easy cleanup. The kitchen boasts Kraft Maid cabinets, granite countertops, pendant lighting, a large lighted pantry, and barstool seating for 4. There is an additional 13ft long sidebar area with more storage and center glass-front upper doors. When in the kitchen, you are overlooking the fireplace in the family room and also the bonus room. The hallway leading to the bedrooms and inside laundry is 4ft wide. Accordion hurricane shutters installed on all windows. The garage is 22.8 x 21.5. The rock landscaping makes for no mowing!
Unit Size
2,279 Ft²
Days on Market
46 days
Land Size
0.25 acres
Price per sqft
$285
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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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.

Last updated: 3 years ago (Stellar MLS #V4921602)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Oct 15, 2021 Listed by ADAMS, CAMERON & CO., REALTORS $650,000
Listed by ADAMS, CAMERON & CO., REALTORS
Mar 15, 1973 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 6
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,879
  • Gross Building Area: 2,879
  • Building Area: 2,279
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,279
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEANSIDE ESTS MB
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 43 OCEANSIDE ESTS MB 27 PG 41 PER OR 1557 PG 0200 PER OR 5576 PG 3359 PER OR 8165 PG 2422

Neighborhood

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

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0027-21
  • Account Number: 2961856
  • Subdivision Tract Number: 08
  • Parcel: 3221-08-00-0430
  • Lot: 43
  • Meridian: SEC 21 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3582
  • Longitude: -81.0753

    Address

  • Full Address: 5 Ocean
  • Address - House Number: 5
  • Address - Street Name: Ocean
  • State: FL
  • City Name: Ormond Beach
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,364
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 726,879
  • High Value: 849,785
  • Low Value: 603,974

    Market Valuation

  • Market Total Value: $545,526
  • Market Land Value: $195,008
  • Market Improvement Value: $350,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,513

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-289163
  • Previous Sale Recording Date: Mar 15, 1973
  • Previous Sale Contract Date: Mar 15, 1973
  • Previous Sale Amount: $46,900
  • Previous 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 Oceanside Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 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 2700 Ocean Shore Boulevard, Ormond Beach, FL, 32176

$1,845 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
2700 Ocean Shore Boulevard #103, Ormond Beach, FL, 32176 Listing by JASON WOJCIK

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Toni Wright
ADAMS, CAMERON & CO., REALTORS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# V4921602
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 Circle built and last sold?
The property at 5 Ocean Circle was built in 1973 and last sold on Nov 30, 2021 for $626,900.
How much is this home worth?
The estimated value of the home located at 5 Ocean Circle is $655,785.
What are some comparable homes to 5 Ocean Circle?
There are currently no comparable homes to 5 Ocean Circle.
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