NOT LISTED FOR SALE

1275 Ocean Shore Blvd Unit 402 Ormond Beach, FL 32176

Estimated Value: $368,000 - $448,000

2 Beds
2 Baths
1,182 Sq Ft
$765/mo HOA Fee

Last Sold August 02, 2023

Last sale price $495,000 $419 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,378/month

2 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Rear Porch
  • In Ground Pool
  • Balcony
  • Wet Bar

About This Home

As of August 2023

PREFERRED DIRECT SOUTH EAST END UNIT, SUPER RARE ZONING ALLOWS SHORT TERM RENTALS. ITS RENTED ALL SUMMER. COMPLETE REFURBISHMENT OF ENTIRE BUILDING 4 YEARS AGO, ALL NEWER HURRICANE GLASS IN ENTIRE BUILDING, POOL UPDATED 2022, BRAND NEW EXTERIOR AC UNIT APRIL 2023, NEW KITCHEN AND BATHS WITH QUARTZ COUNTERTOPS, COMPLETELY AND TASTEFULLY FURNISHED, BUILDING ROOF HAS 15 YEARS REMAINING. NEWER LUXURY VINYL PLANKING, WASHER AND HEAT PUMP NEWER DRYER INSIDE THE UNIT, WET BAR QUARTZ AS WELL, ALL NEWER CABNITRY. FOLKS THIS IS THE SUPER MONEYMAKER YOU HAVE BEEN LOOKING FOR AND YOU CAN WALK DIRECTLY ACROSS THE STREET TO THE ORMOND MALL AND PUBLIX, ALSO NEWER DUNKIN DONUTS ACROSS THE STREET. VRBO, AIRBNB ETC. SUPER SPECTACULAR SUNRISES WITH THE MILLION DOLLAR SE EXPOSURE. ESTIMATED INCOME $65,000.

Last Agent to Sell the Property

Lorne Marandino

Realty Experts Florida License #0412679 Listed on: 04/27/2023

Last Buyer's Agent

Amy Potter

RE/MAX Signature License #SL3400079

RE/MAX Signature

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,389

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $765 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 1,182 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Common Area

Eco-Friendly Details

  • Non-Toxic Pest Control
  • Smart Irrigation

Outdoor Features

  • In Ground Pool
  • Balcony
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Community Sewer or Septic
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 323423004020

Community Details

Overview

  • Association fees include cable TV, insurance, internet, ground maintenance, maintenance structure, pest control, sewer, trash, water
  • Indies House, A Condo Subdivision
  • On-Site Maintenance

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,389

Year Built

Built in 1981

Lot Details

0

HOA Fees

$765 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Indies House, A Condo
  • Directions: From Granada Blvd and Ocean Shore Blvd go north and the gorgeous building is directly across the street from Publix
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Year Built: 1981
  • Reso Property Type: Residential
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Direction Faces: East
  • General Property Information Homestead YN: No
  • General Property Information:Furnished: Furnished
  • Location Tax and Legal:Parcel Number: 323423004020
  • Location Tax and Legal:Tax Annual Amount: 5389.0
  • Location Tax and Legal:Tax Year: 2022
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Levels Three Or More: Yes
  • Pool Features In Ground2: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Location Tax and Legal Zoning Description: Single Family
  • Pets Allowed:Yes: Yes
  • Smart Home Features Irrigation: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Pets Allowed:Number Limit: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal
  • Accessibility Features: Common Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Elevator, Wet Bar
  • Living Area: 1182.0
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Pool Features:Community: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony, Other
  • Patio And Porch Features: Rear Porch
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Amenities: Storage
  • Association Fee: 765.0
  • Association Fee Frequency: Monthly
  • Association: No
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee: 765.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Storage: Yes
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Other4: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water, Other

Lot Info

  • Parcel #: 323423004020
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 5389.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 26, 2023
Sold by
Newton Robert D and Newton Jane K
Bought by
Hitte Jason Edward and Hitte Caroline Ann
Seller's Agent
Lorne Marandino
Realty Experts Florida
Buyer's Agent
Amy Potter
RE/MAX Signature
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$400,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,615
Avg. Annual Appreciation
-9.27%
Original Mortgage
$396,000
Outstanding Balance
$386,739
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$13,646

Purchase Details

Closed on
Mar 21, 2018
Sold by
Stewart Robert T and Stewart Carolyn
Bought by
Newton Robert D and Newton Jane K

Purchase Details

Closed on
Mar 17, 2000
Sold by
Standley Geroge and Standley Marie
Bought by
Stewart Robert T and Stewart Carolyn

Purchase Details

Closed on
Sep 15, 1988
Bought by
Stewart Robert T and Stewart Carolyn

Purchase Details

Closed on
Nov 15, 1986
Bought by
Stewart Robert T and Stewart Carolyn

Purchase Details

Closed on
Feb 15, 1982
Bought by
Stewart Robert T and Stewart Carolyn
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Hitte Jason Edward $4,950,000 Southern Title
Hitte Jason Edward $4,950,000 Southern Title
Newton Robert D $271,500 Attorney
Stewart Robert T $150,000 --
Stewart Robert T $137,000 --
Stewart Robert T $119,500 --
Stewart Robert T $135,000 --
Stewart Robert T $121,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitte Jason Edward $396,000
Closed Hitte Jason Edward $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $495,000 0.0% $419 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $495,000 -- $419 / 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
2025 $5,782 $372,327 -- $372,327
2024 $5,782 $372,327 -- $372,327
2023 $5,782 $372,327 $0 $372,327
2022 $5,556 $372,327 $0 $372,327
2021 $4,970 $265,319 $0 $265,319
2020 $4,419 $222,649 $0 $222,649
2019 $4,663 $231,250 $0 $231,250
2018 $4,320 $227,900 $1 $227,899
2017 $4,004 $197,740 $47,473 $150,267
2016 $3,688 $167,581 $0 $0
2015 $3,717 $177,634 $0 $0
2014 $3,209 $141,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lorne Marandino

    Seller's Agent in 2023

    Lorne Marandino

    Realty Experts Florida

    (386) 843-5000

    12 in this area

    73 Total Sales

    Lorne Marandino
    Section Image
  • Amy Potter

    Buyer's Agent in 2023

    Amy Potter

    RE/MAX

    5 in this area

    14 Total Sales

    Amy Potter
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1108540

Daytona Beach Area Association of REALTORS®

APN: 3234-23-00-4020

Florida Volusia County Ormond Beach 32176

1275 Ocean Shore Blvd Unit 402, Ormond Beach, FL

This home is located at 1275 Ocean Shore Blvd Unit 402, Ormond Beach, FL 32176 since 27 April 2023 and is currently estimated at $400,385, approximately $338 per square foot. This property was built in 1981. 1275 Ocean Shore Blvd Unit 402 is a home located in Volusia County with nearby schools including Ormond Beach Middle School, Seabreeze High School, and St Brendan Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Daytona Beach Area Association of REALTORS® 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.

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