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6 TROPICAL DRIVE
About This Property
Inside, you'll find a bright and inviting layout featuring an updated kitchen with granite countertops, white shaker cabinetry, subway tile backsplash, and new stainless steel appliances. The spacious living areas flow seamlessly, creating an ideal space for everyday living or entertaining guests. The enclosed front porch provides a relaxing spot to enjoy your morning coffee, while the private backyard is designed for year-round enjoyment with an expansive paver patio, pergola, fire pit, and detached workshop/storage building.
This home has been meticulously maintained with numerous major updates, including a new roof (2023), new front door (2023), two new electrical panels, new irrigation pump and irrigation system, and a septic system that has been recently cleaned and inspected. Additional improvements include a 2016 HVAC system and a 2017 water heater, providing peace of mind for years to come.
From the attractive paver driveway and mature tropical landscaping to the inviting outdoor living spaces, every detail has been thoughtfully cared for. Whether you're looking for a full-time residence, a vacation getaway, or an investment property near the beach, this move-in-ready home is an exceptional opportunity in one of Ormond Beach's most desirable coastal locations.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Listed by KELLER WILLIAMS RLTY FL. PARTN | $340,000 | |
| Listed by KELLER WILLIAMS RLTY FL. PARTN | |||
| Apr 4, 2024 | No longer available | - | |
| No longer available | |||
| Mar 14, 2024 | Price Decreased |
$360,000
↓ $15K
(4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017