NOT LISTED FOR SALE

Estimated Value: $471,000 - $625,000

3 Beds
3 Baths
1,869 Sq Ft
$700/mo HOA Fee

Last Sold May 05, 2023

Last sale price $475,000 $254 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,337/month

4 Days on Market

Highlights

  • Ocean Front
  • Balcony
  • Resident Manager or Management On Site
  • Heated In Ground Pool
  • Rear Porch
  • 2-minute walk to Tom Renick Park

About This Home

As of May 2023

Rare opportunity for a direct oceanfront 3 bed, 3 bath unit in the preferred south-east corner of the very desirable Ormondy. This is a blank pallet and ready for a complete renovation with all of the demo work completed and post hurricane mold remediation executed by top professionals. Here is a chance to buy the buildings most desirable floor plan at a fraction of the price and outfit it with all new appointments to your liking. All three bedrooms have unobstructed ocean views. The kitchen opens onto oceanfront the great room which ultimately opens onto the sprawling covered verandah overlooking the Atlantic. Ideally positioned in this complex the third floor actually sits 4 stories above the lovely pool deck and cabana, allowing for quiet relaxation on the balcony. CONTINUED... This elevation is low enough to see shore birds, crashing waves and beach goers, but high enough for complete privacy. Valuable accordian, alluminum huirricane shutters are in place. The Ormondy features a beautiful lobby with a full time manager and staff. The legendary penthouse level club room is used for community gatherings and available to residents for private parties. Short term rentals are allowed and this property has the potential to gross $100K+ per year.

Last Agent to Sell the Property

Ryan Adams

Adams, Cameron & Co., Realtors License #0669183 Listed on: 03/09/2023

Last Buyer's Agent

Stefanie Santiago

Ann Titus License #3380236

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,763

Year Built

  • Built in 1985

HOA Fees

  • $700 Monthly HOA Fees

Interior Spaces

  • 1,869 Sq Ft Home
  • Tile Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Rear Porch

Utilities

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

Additional Features

  • Accessible Common Area
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 3234-26-00-003F

Community Details

Overview

  • Association fees include cable TV, internet, ground maintenance, sewer, trash, water
  • Ormondy, A Condo, The Subdivision
  • On-Site Maintenance

Recreation

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,763

Year Built

Built in 1985

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: Irreg
  • Subdivision Name: Ormondy, A Condo, The
  • Directions: From Granada, north on Ocean Shore
  • Carport Y N: No
  • Entry Level: 3
  • Year Built: 1985
  • Reso Property Type: Residential
  • Sewer:Private Sewer: Yes
  • General Property Information Lot Size Dimensions: Irreg
  • General Property Information CDD Fee YN: No
  • General Property Information Homestead YN: No
  • Location Tax and Legal:Parcel Number: 3234-26-00-003F
  • Location Tax and Legal:Tax Annual Amount: 6763.0
  • Location Tax and Legal:Tax Year: 2022
  • Cooling:Central Air: Yes
  • Flooring:Tile: Yes
  • Pool Features In Ground2: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Pets Allowed:Yes: Yes
  • Association Amenities Management- On Site: Yes
  • Pool Features Heated2: Yes
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: Common Area
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Elevator, Split Bedrooms
  • Living Area: 1869.0
  • Laundry Features:In Unit: Yes
  • Pool Features:Community: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Pool Features: Community, In Ground, Heated
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Rear Porch
  • Accessibility Features:Common Area: 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, Underground
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Amenities: Management- On Site
  • Association Fee: 700.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 700.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes

Fee Information

  • Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 3234-26-00-003F

Tax Info

  • Tax Annual Amount: 6763.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2013
Sold by
Cassidy Leigh and Cassidy Brian
Bought by
J & K Dietrich Properties Llc
Current Estimated Value
$547,375

Purchase Details

Closed on
Oct 26, 1991
Bought by
J & K Dietrich Properties Llc

Purchase Details

Closed on
Apr 15, 1985
Bought by
J & K Dietrich Properties Llc
Source: Public Records

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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
J & K Dietrich Properties Llc $305,000 Attorney
J & K Dietrich Properties Llc $100 --
J & K Dietrich Properties Llc $122,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folkes Gordon $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $475,000 0.0% $254 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $475,000 -- $254 / 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 $7,048 $475,125 -- $475,125
2024 $7,048 $403,856 -- $403,856
2023 $7,048 $401,637 $0 $401,637
2022 $6,763 $404,028 $0 $404,028
2021 $6,286 $318,420 $0 $318,420
2020 $6,506 $329,597 $0 $329,597
2019 $6,340 $315,706 $0 $315,706
2018 $6,441 $315,707 $1 $315,706
2017 $6,352 $301,090 $75,273 $225,817
2016 $6,438 $296,143 $0 $0
2015 $6,591 $296,143 $0 $0
2014 $5,896 $264,529 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1106669

Daytona Beach Area Association of REALTORS®

APN: 3234-26-00-003F