by RH Advisors

Check Availability
$405,000
↓ $10K (2.4%)
House - For Sale

54 Palmetto DRIVE

ORMOND BEACH, FL 32176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1394 Sqft
$2,319
Estimated Monthly
5.54%
Cap Rate

About This Property

One or more photo(s) has been virtually staged. Perfectly situated between the Halifax River and Ormond Beach this adorable beach home delivers a BRAND NEW RENOVATION that includes a **NEWER ROOF, NEW WINDOWS, A/C, ELECTRICAL** - a NEW KITCHEN and NEW BATHROOMS, LUXURY VINYL PLANK floors throughout and FRESH PAINT INSIDE AND OUT! The flexible floor plan gives you options in how you set up your living and dining spaces with the many windows giving the whole home a light and bright feel and the perfect beach vibe! The kitchen sits in the center of the versatile spaces with stylish CUSTOM MADE SOLID WOOD CABINETRY, subway tile backsplash handmade from Spain, and a great mix of drawer and cabinet storage. Luxury vinyl plank floors in a chic modern color run throughout making maintenance a breeze and the extra BUILT-IN CABINETRY gives you tons of storage! Your PRIMARY SUITE delivers another great space with a large window, nice sized closet and a private bath. Your en-suite has been thoroughly updated with a modern vanity and large walk-in shower and the two additional bedrooms share a second full bath, also renovated. A paver patio off your family room gives you seating and BBQ space outside and opens up to a FULLY FENCED backyard! In this location there is NO HOA and you are just minutes from local shopping, dining, recreation and of course the gorgeous waters of Ormond Beach! Whether you want to live at the beach all year long, have a dedicated VACATION spot or use it as a SHORT TERM RENTAL, Palmetto Drive is your perfect match! Call today and schedule your showing!
Unit Size
1,394Ft²
Days on Market
218 days
Land Size
0.16 acres
Price per sqft
$291
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1955

Listed By

Jenny Wemert
WEMERT GROUP REALTY LLC
Last updated: 13 days ago (Stellar MLS #O6148763)

Price History

Date / Event Date Event Price
May 10, 2024 Price Decreased $405,000
↓ $10K (2.4%)
Price Decreased
Apr 12, 2024 Price Decreased $415,000
↓ $20K (4.6%)
Price Decreased
Dec 12, 2023 Price Decreased $435,000
↓ $10K (2.3%)
Price Decreased
Nov 27, 2023 Price Decreased $445,000
↓ $20K (4.3%)
Price Decreased
Oct 17, 2023 Listed by WEMERT GROUP REALTY LLC $465,000
Listed by WEMERT GROUP REALTY LLC
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Built-in Features, Ceiling Fan(s), Thermostat
Appliances: Range, Range Hood
Flooring Type: Luxury Vinyl
Laundry Features: Laundry Room

Room Information

Rooms: 6

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,006
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,534
  • Gross Building Area: 1,534
  • Building Area: 1,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,334
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORMOND BY THE SEA
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 149 ORMOND BY THE SEA PLAT 7 MB 23 PG 20 PER OR 3291 PG 0034 PER OR 5502 PG 0098 PER OR 8143 PG 1476

Ownership

  • Current Owner : WELSH JOHN F TR
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 08, 2024

Neighborhood

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

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0028-03
  • Account Number: 3027558
  • Subdivision Tract Number: 14
  • Parcel: 4203-14-00-1490
  • Lot: 149
  • Meridian: SEC 03 TWN 14S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3259
  • Longitude: -81.0627

    Address

  • Full Address: 54 Palmetto Dr
  • Address - House Number: 54
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C022
  • 4-Digit Zip Code: 3517
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,353
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0965
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 452,500
  • High Value: 496,171
  • Low Value: 408,829

    Market Valuation

  • Market Total Value: $256,292
  • Market Land Value: $109,694
  • Market Improvement Value: $146,598

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,292
  • Assessed Land Value: $109,694
  • Assessed Improvements Value: $146,598

    Sales

  • Current Sale Contract Date: Apr 15, 1989
  • Current Sale Recording Date: Apr 15, 1989
  • Current Sale Transaction ID: 11537853924
  • Current Sale Price: $42,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 15, 1985
  • Previous Sale Contract Date: Mar 15, 1985
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,856 ft²
$213/ft²
$395,000 Jan 4, 2023
$395,000 Oct 2, 2023
$176/mo
House
3 Beds
2 Baths
1,929 ft²
$174/ft²
$335,000 Feb 10, 2023
$335,000 Sep 15, 2023
$248/mo
House
2 Beds
1 Bath
924 ft²
$417/ft²
$385,000 Jul 18, 2023
$385,000 Sep 21, 2023
$231/mo
Condo
2 Beds
2 Baths
1,200 ft²
$352/ft²
$422,500 Jun 15, 2023
$422,500 Sep 1, 2023
$871/mo
Condo
2 Beds
2 Baths
1,200 ft²
$413/ft²
$495,000 Sep 8, 2023
$495,000 Oct 17, 2023
$878/mo
Condo
2 Beds
3 Baths
1,020 ft²
$387/ft²
$395,000 Nov 2, 2022
$395,000 Sep 27, 2023
$404/mo
House
3 Beds
2 Baths
1,397 ft²
$319/ft²
$445,000 Jul 31, 2023
-
$213/mo
House
3 Beds
2 Baths
1,425 ft²
$349/ft²
$496,999 Sep 19, 2023
-
$458/mo
House
3 Beds
2 Baths
1,394 ft²
$334/ft²
$465,000 Sep 1, 2023
-
$330/mo
House
3 Beds
2 Baths
1,425 ft²
$349/ft²
$496,999 Aug 5, 2023
-
-
House
3 Beds
2 Baths
1,297 ft²
$355/ft²
$460,000 Jun 25, 2023
-
-
House
3 Beds
2 Baths
1,250 ft²
$368/ft²
$459,900 Oct 11, 2023
-
-

About Ormond by The Sea


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Frequently Asked Questions

When was property at 54 Palmetto Drive built and last sold?
The property at 54 Palmetto Drive was built in 1955 and last sold on Apr 15, 1989 for $42,000.
How much is this home worth?
The estimated value of the home located at 54 Palmetto Drive is $440,127.
What are some comparable homes to 54 Palmetto Drive?
Homes that are comparable to 54 Palmetto Drive include a house property at 120 Lynnhurst Drive, 1479 John Anderson Drive, 54 Palmetto Drive.

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