NOT LISTED FOR SALE

125 S Orchard St Ormond Beach, FL 32174

Central Park Neighborhood
54 Beds
1 Bath
23,912 Sq Ft
1974 Built

Last Sold July 27, 2020

Last sale price $2,700,000 $113 Per Sq Ft

About This Home

As of July 2020

One of the few multi-family units available in the Ormond Beach area. The property also has a 3 bedroom home and a 1 bedroom home. THe apartments are in a desirable area in Ormond Beach which allows it to be 100% rented. There is a coin laundry available onsite. It is walking distance to shopping and other amenities.

Last Agent to Sell the Property

Norma Campbell

Coldwell Banker Commercial Benchmark License #3218485 Listed on: 07/27/2020

Last Buyer's Agent

Norma Campbell

Coldwell Banker Commercial Benchmark License #3218485

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,821

Year Built

  • Built in 1974

Parking

  • Parking Lot

Home Design

  • 23,912 Sq Ft Home
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Electric Range
  • 54 Bedrooms
  • Non-Toxic Pest Control

Community Details

  • 32 Units
  • On-Site Maintenance

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for grounds care, pest control, taxes, trash collection, water
  • Assessor Parcel Number 4241-01-19-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,821

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Subdivision Name: Not IN Subdivision
  • Directions: Off 95 head East 1/2 mile past Nova. Turn Right on S Orchard St and it will be on your left.
  • Carport Y N: No
  • Year Built: 1974
  • Reso Property Type: ResidentialIncome
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal:Parcel Number: 4241-01-19-0030
  • Location Tax and Legal:Tax Annual Amount: 20821.0
  • Location Tax and Legal:Tax Year: 2018
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays Water4: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays Pest Control2: Yes
  • General Property Information Number Of Units Total2: 32.0
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Grounds Care, Pest Control, Taxes, Trash Collection, Water
  • Total Bedrooms: 54
  • Living Area: 23912.0
  • Appliances:Electric Range: Yes

Exterior Features

  • Lot Features: Other
  • Construction Type: Block, Concrete
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Other18: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 4241-01-19-0030

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 32

Tax Info

  • Tax Annual Amount: 20821.0
  • Tax Year: 2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $2,700,000 0.0% $113 / Sq Ft
07/27/2020 07/27/20 For Sale $2,700,000 +74.2% $113 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
09/21/2015 09/21/15 Sold $1,550,000 0.0% $65 / Sq Ft View Prior Sale
09/16/2015 09/16/15 Pending -- -- --
05/10/2015 05/10/15 For Sale $1,550,000 -- $65 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $31,084 $1,899,616 $600,000 $1,299,616
2025 $31,084 $1,899,616 $600,000 $1,299,616
2024 $36,215 $2,159,209 $450,000 $1,709,209
2023 $36,215 $2,449,868 $360,000 $2,089,868
2022 $33,185 $2,251,161 $360,000 $1,891,161
2021 $30,584 $1,737,918 $330,000 $1,407,918
2020 $26,239 $1,707,236 $330,000 $1,377,236
2019 $24,396 $1,602,108 $300,000 $1,302,108
2018 $20,821 $1,141,456 $270,000 $871,456
2017 $20,694 $1,085,085 $240,000 $845,085
2016 $20,250 $1,023,071 $0 $0
2015 $17,366 $843,199 $0 $0
2014 $16,368 $792,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Norma Campbell

    Coldwell Banker Commercial Benchmark

  • Tovah Lohman

    Seller's Agent in 2015

    Tovah Lohman

    Starr Real Estate LLC

    (386) 846-2471

    6 Total Sales

    Tovah Lohman
    Section Image

  • N

    Buyer's Agent in 2015

    Nancy Durham

    Watson Realty Corp

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1056746

Daytona Beach Area Association of REALTORS®
Florida Volusia County Ormond Beach 32174 Central Park

125 S Orchard St, Ormond Beach, FL

Not Listed for Sale

MultiFamily

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