$395,000
●
Condo -
Off Market
855 Ocean Shore BOULEVARD #240
ORMOND BEACH, FL 32176
2 Beds
3 Baths,
1
Half Bath
1,020 Ft²
$396,511
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
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.
Unit Size
1,020 Ft²
Days on Market
329 days
Land Size
-
Price per sqft
$391
Property Type
Condo
Property Taxes
$404
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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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.
Last updated: 3 years ago (Stellar MLS #FC287236)
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 by REALTY EXECUTIVES OCEANSIDE | $425,000 | |
| Listed by REALTY EXECUTIVES OCEANSIDE | |||
| Nov 24, 2021 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), PrimaryBedroom Upstairs, Solid Surface Counters
Appliances: Dishwasher, Microwave, Range, Refrigerator
Flooring Type: Carpet, Tile
Rooms: 6
Exterior Details
Square Footage: 1020
Square Footage Source: $0
Year Built: 1971
Waterfront Features: Waterfront, Gulf/Ocean
Waterview: Beach
Waterbody Name: Atlantic
Levels: Two
Building Area Units: Square Feet
Construction Materials: Brick
Pool Features: In Ground
Pool is Private
Tax Lot: 2400
Water Source: Public
Financial Details
Tax Annual Amount: $4,852
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
HOA Fee Frequency: Monthly
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
About Ormond Ocean Club North
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Listed by: PETER McKINLEY
REALTY EXECUTIVES OCEANSIDE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC287236
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.
REALTY EXECUTIVES OCEANSIDE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC287236
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017