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Ormond Beach 32174 Daytona Shores
714 E RIVER OAK Drive
$380,000
● House - Off Market

714 E RIVER OAK Drive

Ormond Beach, FL 32174
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,645 Ft²
$1,965
Est. Monthly

About This Property

Experience an extraordinary revival in Ormond Beach! This home surpasses new, boasting a spacious, private lot in a serene, HOA-free neighborhood, with the perfect blend of tranquility and functionality. The tastefully updated interior showcases new paint, flooring, trim & crown molding, creating a sophisticated haven. Indulge in a kitchen adorned with quartz countertops & all-new stainless steel appliances. The exterior is equally captivating, with a new roof, paint, garage door, windows, HVAC, & screened lanai for relaxation. Major systems are handled - from a freshly drilled well to a new electrical panel for peace of mind. This dream home is conveniently located minutes from Tomoka State Park & downtown Ormond. Visit this oasis of comfort and be captivated! You'll be glad you did!
Unit Size
1,645 Ft²
Days on Market
-
Land Size
-
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

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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 (Real MLS #1258552)

Price History

Date / Event Date Event Price
Feb 8, 2024 Sold
Premium
Sold
Nov 21, 2023 Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE $400,000
Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Jun 20, 2023 Sold
Premium
Sold
Sep 15, 1976 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,200
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,174
  • Gross Building Area: 2,174
  • Building Area: 1,645
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,645
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAYTONA SHORES
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 13-32-42 N 38.5 FT LOT 13 & S 41.5 FT LOT 14 BLK 25 DAYTONA SHORES SEC 2 MB 10 PG 112 PER OR 1855 PG 1061 PER UNREC D/C PER OR 6377 PG 2409 PER OR 6429 PG 1316 PER OR 6400 PG 1569 PER OR 6436 PG 3213 PER OR 8422 PG 3023

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080700

Geography

  • Assessors Map Reference: E1-0027-28
  • Account Number: 2998024
  • Section: 2
  • Subdivision Tract Number: 05
  • Parcel: 3242-05-25-0140
  • Block: 25
  • Lot: 13,14
  • Meridian: SEC 42 TWN 13S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.3035
  • Longitude: -81.0657

    Address

  • Full Address: 714 E River Oak Dr
  • Address - House Number: 714
  • Street Direction: E
  • Address - Street Name: River Oak
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C026
  • 4-Digit Zip Code: 4638
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $404,203
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.0965
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 391,564
  • High Value: 429,354
  • Low Value: 353,774

    Market Valuation

  • Market Total Value: $277,160
  • Market Land Value: $54,880
  • Market Improvement Value: $222,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,160
  • Assessed Land Value: $54,880
  • Assessed Improvements Value: $222,280

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25612
  • Previous Sale Recording Date: Jun 20, 2023
  • Previous Sale Contract Date: Jun 09, 2023
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Daytona Shores

Stats & Trends

Median Asking:

$1,592,500

Sale Price/ft²

$301

Below Asking

0.02%

Average Days on Market

115

Average Home Size

1756 ft²

Average Home Age

50.8 years

Currently For Sale

4 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 248 Timberline Trail, ORMOND BEACH, FL, 32174

$1,990 /mo

  • 2 Beds
  • 2 Baths
  • 712 ft²
248 Timberline Trail, ORMOND BEACH, FL, 32174 Listing by Joseph Concannon

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: LUKE LENSVELT, KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1258552
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. 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 714 East River Oak Drive built and last sold?
The property at 714 East River Oak Drive was built in 1976 and last sold on Jan 26, 2024 for $380,000.
How much is this home worth?
The estimated value of the home located at 714 East River Oak Drive is $0.
What are some comparable homes to 714 East River Oak Drive?
There are currently no comparable homes to 714 East River Oak Drive.
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