$410,904*
●
Condo -
Off Market
855 Ocean Shore Boulevard #240
Ormond Beach, FL 32176
2 Beds
3 Baths,
1
Half Bath
1,020 Ft²
$279,000 - $341,000
Reference Base Price*
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Buyer's financing fell through! Back on market.....This
updated and fully furnished beach-view condo on Ormond's no-drive
beach is perfect to call home or a vacation rental! Desirable
two-story layout with an updated kitchen including under cabinet
lighting, new carpet upstairs, vinyl plank flooring in the living
room, half bath on the first floor and two full baths on the second
floor. Soothing colors throughout will make this home a haven of
relaxation. Great view overlooking the pool and ocean! Air
conditioner replaced in 2018. Building also has elevator and
luggage racks/shopping carts. Maintenance fees include water and
basic cable. This condo is one of only a few North of Granada that
allows weekly rentals!
The manager has listed the unit size as 1020 square feet.
The manager has listed the unit size as 1020 square feet.
Unit Size
1,020 Ft²
Days on Market
-
Land Size
-
Price per sqft
$304
Property Type
Condo
Property Taxes
-
HOA Dues
$39
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | In contract | - | |
| In contract | |||
| Aug 19, 2023 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Nov 2, 2022 | Listed | $425,000 | |
| Listed | |||
| | |||
|
This Desirable Ocean Front Condo Complex in Ormond Beach Florida is a great investment opportunity for anyone looking. This fully furnished condo is turnkey and ready for your full-time residence, short term Airbnb, or a second home. The living space has great flow with pool and ocean views, 2 large bedrooms with their own private baths, separate guest bath on main floor, great room leading to your private balcony, updated kitchen and is walkable to shopping and all of the wonderful amenities Ormond Beach has to offer. Association Approval Req; Condo Association. New HVAC Oct 2022 and TV's. Entire unit freshly painted June 2023. This is currently an AirBNB rental with good cash flow so it has been difficult to show. Saturday's between 11 and 3 are best. Starting August 1st the property will be blocked off and easy to show.
| |||
| Nov 24, 2021 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/30/2024
|
2 Bed
|
2.5 Bath
|
1020 ft²
|
$524,900
2 Bed
2.5 Bath
1020 ft²
|
-
-
|
James Buckner
EXP Realty LLC
| |
|
09/05/2023
|
2 Bed
|
2.5 Bath
|
1020 ft²
|
$439,900
2 Bed
2.5 Bath
1020 ft²
|
-
-
|
Krystal Smith
Realty Pros Assured
| |
|
05/05/2023
|
2 Bed
|
3 Bath
|
1020 ft²
|
$435,000
2 Bed
3 Bath
1020 ft²
|
$420,000
-3.45%
01/08/2024
|
Jeff Smith
MORRIS WILLIAMS REALTY
| |
|
11/02/2022
|
2 Bed
|
3 Bath
|
1020 ft²
|
$425,000
2 Bed
3 Bath
1020 ft²
|
$395,000
-7.06%
09/27/2023
|
PETER McKINLEY
Realty Executives Oceanside (Palm Coast)
| |
|
08/24/2022
|
2 Bed
|
2.5 Bath
|
1020 ft²
|
$549,000
2 Bed
2.5 Bath
1020 ft²
|
-
-
|
Janis English
English Estates & Realty, LLC
| |
|
07/01/2022
|
2 Bed
|
2 Bath
|
1020 ft²
|
$549,000
2 Bed
2 Bath
1020 ft²
|
-
-
|
Adriana Albanese
AA Properties
| |
|
06/03/2022
|
2 Bed
|
3 Bath
|
1020 ft²
|
$599,000
2 Bed
3 Bath
1020 ft²
|
$599,000
08/25/2022
|
Jennifer Kulzer
Realty Pros Assured
| |
|
03/06/2022
|
1 Bed
|
1 Bath
|
510 ft²
|
$249,900
1 Bed
1 Bath
510 ft²
|
-
-
|
Brian Madsen
EXIT Real Estate Property Solutions
| |
|
02/24/2022
|
2 Bed
|
3 Bath
|
1020 ft²
|
$349,900
2 Bed
3 Bath
1020 ft²
|
-
-
|
Olga Costa
Gaff's Realty Company
| |
|
11/23/2021
|
2 Bed
|
3 Bath
|
1020 ft²
|
$349,900
2 Bed
3 Bath
1020 ft²
|
-
-
|
Jeff Smith
Morris Williams Realty
| |
|
12/29/2020
|
2 Bed
|
3 Bath
|
1020 ft²
|
$328,000
2 Bed
3 Bath
1020 ft²
|
$310,000
-5.49%
04/05/2021
|
Marie Kimball
| |
|
09/21/2020
|
1 Bed
|
1 Bath
|
510 ft²
|
$189,000
1 Bed
1 Bath
510 ft²
|
-
-
|
-
| |
|
09/16/2020
|
2 Bed
|
3 Bath
|
1020 ft²
|
$349,900
2 Bed
3 Bath
1020 ft²
|
-
-
|
-
| |
|
09/05/2020
|
2 Bed
|
3 Bath
|
1020 ft²
|
$310,000
2 Bed
3 Bath
1020 ft²
|
-
-
|
-
| |
|
06/19/2020
|
2 Bed
|
3 Bath
|
1020 ft²
|
$349,500
2 Bed
3 Bath
1020 ft²
|
-
-
|
-
| |
|
03/07/2020
|
1 Bed
|
1 Bath
|
510 ft²
|
$189,000
1 Bed
1 Bath
510 ft²
|
-
-
|
-
| |
|
03/07/2020
|
2 Bed
|
2 Bath
|
1020 ft²
|
$350,000
2 Bed
2 Bath
1020 ft²
|
-
-
|
-
| |
|
10/30/2019
|
2 Bed
|
2 Bath
|
1020 ft²
|
$349,000
2 Bed
2 Bath
1020 ft²
|
-
-
|
-
| |
|
09/25/2019
|
2 Bed
|
3 Bath
|
1020 ft²
|
$349,900
2 Bed
3 Bath
1020 ft²
|
-
-
|
-
| |
|
09/07/2019
|
1 Bed
|
1 Bath
|
510 ft²
|
$192,900
1 Bed
1 Bath
510 ft²
|
-
-
|
-
| |
|
08/14/2019
|
2 Bed
|
2 Bath
|
1020 ft²
|
$349,900
2 Bed
2 Bath
1020 ft²
|
$345,000
-1.40%
10/22/2019
|
Bill Navarra
| |
|
04/26/2019
|
1 Bed
|
1 Bath
|
510 ft²
|
$189,900
1 Bed
1 Bath
510 ft²
|
-
-
|
-
| |
|
03/04/2019
|
1 Bed
|
1 Bath
|
510 ft²
|
$199,000
1 Bed
1 Bath
510 ft²
|
-
-
|
-
| |
|
09/30/2018
|
2 Bed
|
3 Bath
|
1020 ft²
|
-
2 Bed
3 Bath
1020 ft²
|
-
-
|
-
| |
|
06/11/2018
|
1 Bed
|
1 Bath
|
510 ft²
|
-
1 Bed
1 Bath
510 ft²
|
-
-
|
-
| |
|
06/11/2018
| |
2 Bed
|
3 Bath
|
1100 ft²
|
-
2 Bed
3 Bath
1100 ft²
|
-
-
|
-
|
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1020 ft²
|
-
2 Bed
2 Bath
1020 ft²
|
-
-
|
-
|
|
11/30/-0001
|
2 Bed
|
3 Bath
|
1020 ft²
|
$289,900
2 Bed
3 Bath
1020 ft²
|
-
-
|
-
|
Building Info
855 Ocean Shore Boulevard
855 Ocean Shore Boulevard, Ormond Beach, FL 32176
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017