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Ormond-by-the-Sea 32176 Seaside Homes
59 Seaside DRIVE
$355,000
● House - Off Market

59 Seaside DRIVE

ORMOND BEACH, FL 32176
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,204 Ft²
$367,129
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Location Location! Super Cute Beachside home. This is a MUST SEE on your list .

Roof  2020, Hvac 2015, Elecrical panel 2013, Newer hot water heater, Septic& Drainfield 2022, Exterior paint 2022. Kitchen remodel 2016 -with Granite countertops. 2nd bath remodeled 2015.

This home also features a THIRD BONUS ROOM  with en-suite  bathroom & private entrance ; add a closet and make it a true 3rd bedroom.  Large mostly fenced in private  backyard with covered Lanai/pavered flooring.

Air B&B friendly income generating property. Financials available upon request. As an bonus -Seller prefers to sell *fully furnished  . All reasonable offers wlll be considered .
Unit Size
1,204 Ft²
Days on Market
90 days
Land Size
0.14 acres
Price per sqft
$306
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1959

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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 #FC293030)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Premium
Sold
Aug 29, 2023 In contract -
In contract
Jul 12, 2023 Listed by LPT REALTY $368,500
Listed by LPT REALTY
Mar 14, 2022 Sold
Premium
Sold
Feb 2, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2015
  • 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: 220
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,204
  • Gross Building Area: 1,204
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEASIDE HOMES MB
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 29 SEASIDE HOMES MB 23 PG 185 PER OR 1968 PG 1408 PER OR 6059 PG 0381 PER OR 6202 PGS 0682-0686 INC PER OR 6891 PG 4524 PER OR 7433 PG 3742 PER OR 8218 PGS 4177 THRU 4179 INC

Neighborhood

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

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0027-34
  • Account Number: 2982527
  • Subdivision Tract Number: 05
  • Parcel: 3234-05-00-0290
  • Lot: 29
  • Meridian: SEC 34 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3302
  • Longitude: -81.0649

    Address

  • Full Address: 59 Seaside Dr
  • Address - House Number: 59
  • Address - Street Name: Seaside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C041
  • 4-Digit Zip Code: 3548
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $536,378
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 394,637
  • High Value: 469,914
  • Low Value: 319,361

    Market Valuation

  • Market Total Value: $279,142
  • Market Land Value: $102,785
  • Market Improvement Value: $176,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,142
  • Assessed Land Value: $102,785
  • Assessed Improvements Value: $176,357

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 209870
  • Previous Sale Recording Date: Mar 14, 2022
  • Previous Sale Contract Date: Mar 04, 2022
  • Previous Sale Amount: $320,000
  • 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 Seaside Homes

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$415

Above Asking

0.00%

Average Days on Market

199

Average Home Size

1004 ft²

Average Home Age

67 years

Currently For Sale

2 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

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STELLAR

Listed by: Priscilla Arzivian
LPT REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC293030
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 59 Seaside Drive built and last sold?
The property at 59 Seaside Drive was built in 1959 and last sold on Oct 10, 2023 for $355,000.
How much is this home worth?
The estimated value of the home located at 59 Seaside Drive is $0.
What are some comparable homes to 59 Seaside Drive?
There are currently no comparable homes to 59 Seaside Drive.
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