NOT LISTED FOR SALE

1275 Ocean Shore Blvd Unit 505 Ormond Beach, FL 32176

Estimated Value: $426,000 - $452,000

2 Beds
2 Baths
935 Sq Ft
$650/mo HOA Fee

Last Sold December 08, 2021

Last sale price $399,900 $428 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,510/month

31 Days on Market

Highlights

  • Ocean Front
  • Traditional Architecture
  • Balcony
  • In Ground Pool
  • Furnished
  • Living Room

About This Home

As of December 2021

SECOND HOME & INVESTORS! If you are looking for a beachfront get away but would like it to generate money to cover your payment when you aren't using, this unit is perfect for you! Zoned TOURIST this property can legally be SHORT TERM RENTED! YOU CAN Air BNB, VRBO and make some money on your investment, when you aren't using it yourself! 2BR/2BTH, this PENTHOUSE, ocean view unit has been lovingly refurbished and refurnished over the last year. You can't get any closer to the beach, without standing on the sand. This unit has all the features buyers and renters are looking for: spacious rooms; amazing views & sunrises; sits directly on a NO DRIVE beach; large oceanfront pool; Publix, pizza, Dunkin Donuts, 7-Eleven, Subway and more- right across the street; reserved parking and a very quiet environment! Being sold turnkey, this unit needs nothing to move right in or start renting it immediately Call for a list of the current bookings. This complex was totally refurbished in 2018 and there are no pending assessments as of the day of listing. If you are tired of crazy northern and midwestern winters, come on down and enjoy our sunny 75 degree weather in February! This condo is a very rare find. Don't wait! All information taken from the tax record, and while deemed reliable, cannot be guaranteed.

Last Agent to Sell the Property

Geraldine Westfall

Simply Real Estate License #0667010 Listed on: 09/23/2021

Last Buyer's Agent

Debra Head

The Keyes Company License #3430935

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,014

Year Built

  • Built in 1981

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 5th floor
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 935 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Community Sewer or Septic

Additional Features

  • Accessible Common Area
  • Non-Toxic Pest Control
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 323423005050

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,014

Year Built

Built in 1981

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Subdivision Name: Indies House, A Condo
  • Directions: From Granada Blvd go north on Ocean Shore Blvd (A1A) 2.4 miles to Indies House Condo on right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built: 1981
  • Reso Property Type: Residential
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Private Sewer: Yes
  • General Property Information Lot Size Dimensions: N/A
  • General Property Information CDD Fee YN: No
  • General Property Information Homestead YN: No
  • General Property Information:Furnished: Furnished
  • Location Tax and Legal:Parcel Number: 323423005050
  • Location Tax and Legal:Tax Annual Amount: 4013.81
  • Location Tax and Legal:Tax Year: 2020
  • 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
  • Architectural Style Traditional: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Room Types Living Room: Yes
  • Pets Allowed:Size Limit: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Elevator
  • Living Area: 935.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Balcony, Other
  • Roof: Shingle, Other
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 650.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Size Limit

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 650.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: 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: Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water, Other

Lot Info

  • Parcel #: 323423005050

Tax Info

  • Tax Annual Amount: 4013.81
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 7, 2021
Sold by
Blanchard Robert
Bought by
Bowling Brian and Bowling Sandra K
Seller's Agent
Geraldine Westfall
Simply Real Estate
Buyer's Agent
Debra Head
The Keyes Company
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$440,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,453
Avg. Annual Appreciation
2.55%
Original Mortgage
$299,925
Outstanding Balance
$275,963
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$164,390

Purchase Details

Listed on
Feb 16, 2020
Closed on
Sep 9, 2020
Sold by
Gibson Constance J and Gibson Bobby D
Bought by
Blanchard Robert
Seller's Agent
Janis English
English Estates & Realty, LLC
Buyer's Agent
Geraldine Westfall
Simply Real Estate
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.31%
Original Mortgage
$232,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2016
Sold by
Buotte Alma
Bought by
Gibson Constance J and Gibson Bobby D

Purchase Details

Closed on
Feb 5, 1997
Sold by
Barnett Bk N A
Bought by
Buotte Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.91%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Court Clerk Circuit
Bought by
Barnett Bk N A

Purchase Details

Closed on
Jan 15, 1993
Bought by
Gibson Constance J and Gibson Bobby D

Purchase Details

Closed on
Jan 15, 1982
Bought by
Gibson Constance J and Gibson Bobby D
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Bowling Brian $399,900 Smart Title Services
Blanchard Robert $290,000 Smarttitle Services
Gibson Constance J $205,000 Southern Title Holding Compa
Buotte Alma $84,000 --
Barnett Bk N A $10,500 --
Gibson Constance J $20,000 --
Gibson Constance J $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowling Brian $299,925
Previous Owner Blanchard Robert $232,000
Previous Owner Buotte Alma $67,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2021 12/08/21 Sold $399,900 0.0% $428 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $399,900 +37.9% $428 / Sq Ft
09/08/2020 09/08/20 Sold $290,000 0.0% $297 / Sq Ft View Prior Sale
08/09/2020 08/09/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $290,000 -- $297 / 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 $6,197 $342,615 -- $342,615
2024 $6,197 $342,615 -- $342,615
2023 $6,197 $342,615 $0 $342,615
2022 $6,328 $342,615 $0 $342,615
2021 $4,796 $242,026 $0 $242,026
2020 $4,014 $201,915 $0 $201,915
2019 $4,241 $210,000 $0 $210,000
2018 $4,099 $206,851 $1 $206,850
2017 $3,795 $178,500 $44,625 $133,875
2016 $1,703 $117,659 $0 $0
2015 -- $116,841 $0 $0
2014 $1,713 $115,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1088830

Daytona Beach Area Association of REALTORS®

APN: 3234-23-00-5050