NOT LISTED FOR SALE

140 Lincoln Ave Ormond Beach, FL 32174

27 Beds
-- Bath
21,387 Sq Ft
1.25 Acres

Last Sold June 30, 2023

Last sale price $2,500,000 $117 Per Sq Ft

Highlights

  • 1.25 Acre Lot
  • Ormond Beach Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of June 2023

FOR STATISTICAL PURPOSES ONLY:

ORMOND SHORES APARTMENTS IS A 26 UNIT SECTION 8 ELDERLY (AGE 62+) LOW INCOME INDEPENDENT HOUSING APARTMENT COMPLEX LOCATED IN ORMOND BEACH.

Last Agent to Sell the Property

Mary Maholias

Realty Pros Assured License #3396749 Listed on: 06/30/2023

Realty Pros Assured

Last Buyer's Agent

Mary Faulk

Advance One Properties LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,934

Year Built

  • Built in 1981

Lot Details

  • 1.25

Home Design

  • 21,387 Sq Ft Home
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Parking

  • 26 Parking Spaces
  • Parking Lot

Additional Features

  • Electric Range
  • 27 Bedrooms
  • 1.25 Acre Lot
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • 26 Units
  • Lincoln Park Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for trash collection, water
  • Assessor Parcel Number 4215-07-01-0060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,934

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.25
  • Subdivision Name: Lincoln Park
  • Directions: East on Granada, left on US 1, right on Lincoln
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1981
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 1.25
  • Location Tax and Legal:Parcel Number: 4215-07-01-0060
  • Location Tax and Legal:Tax Annual Amount: 19934.0
  • Location Tax and Legal:Tax Year: 2022
  • Cooling:Central Air: Yes
  • Water Source:Public: Yes
  • Owner Pays Trash Collection: Yes
  • Owner Pays Water4: Yes
  • General Property Information Number Of Units Total2: 26.0
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Owner Pays: Trash Collection, Water
  • Total Bedrooms: 27
  • Living Area: 21387.0
  • Appliances:Electric Range: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Total Parking Spaces: 26.0
  • Parking Features:Parking Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 54450.0
  • Parcel #: 4215-07-01-0060

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 26

Tax Info

  • Tax Annual Amount: 19934.0
  • Tax Year: 2022
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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
06/30/2023 06/30/23 Sold $2,500,000 0.0% $117 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $2,500,000 -- $117 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

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 -- $2,026,186 $520,000 $1,506,186
2025 -- $2,026,186 $520,000 $1,506,186
2024 $24,396 $2,112,628 $390,000 $1,722,628
2023 $24,396 $2,091,640 $312,000 $1,779,640
2022 $19,934 $1,470,104 $286,000 $1,184,104
2021 $17,423 $990,085 $247,000 $743,085
2020 $17,555 $997,269 $247,000 $750,269
2019 $16,977 $956,336 $182,000 $774,336
2018 $16,712 $916,212 $169,000 $747,212
2017 $16,129 $845,684 $169,000 $676,684
2016 $15,743 $795,359 $0 $0
2015 $15,414 $748,428 $0 $0
2014 $15,049 $728,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Maholias

    Seller's Agent in 2023

    Mary Maholias

    Realty Pros Assured

    (813) 601-9531

    2 in this area

    47 Total Sales

    Mary Maholias
    Section Image

  • M

    Buyer's Agent in 2023

    Mary Faulk

    Advance One Properties LLC

See All Agents

Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1111027

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

140 Lincoln Ave, Ormond Beach, FL

Not Listed for Sale

MultiFamily

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