NOT LISTED FOR SALE

Estimated Value: $544,000 - $625,000

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

Last Sold October 07, 2022

Last sale price $510,000 $273 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,579/month

8 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Living Room
  • In Ground Pool
  • Balcony
  • 2-minute walk to Tom Renick Park

About This Home

As of October 2022

Come make this fourth floor, oceanfront unit the ultimate vacation destination – zoned for short term rentals with amazing views! This spacious 3 bedroom/3 bathroom unit, directly facing the ocean (no drive-on beach), is perfect for short-term rentals or someone looking to put their own stamp on paradise! Two bedroom units in this building are bringing in north of $64,000 per year and this is a 3/3, making this a money maker! Oceanfront views from the living room, kitchen, dining area, living room, as well as the main and the second bedroom. As you enter this unit, you immediately are in awe of the natural light, sandy beaches, and never-ending blue ocean. The open kitchen features ample cabinetry, spacious pantry, and a eat-in-kitchen area. Off the kitchen is one large open room, room,
consisting of a dining room area & living room. All bedrooms are spacious, perfect for multiple twin beds, bunk beds, or even 2 queen beds. The main bedroom boasts real hardwood floors, balcony access, a large oversized closet, and a spacious bathroom with an additional make-up area. The second bedroom has amazing, direct ocean front views and an en-suite bathroom with a walk-in shower and designated makeup area. The en-suite bathroom opens to the hallway near the kitchen, allowing your guests to enter a bathroom without accessing a bedroom. The third bedroom is equally as spacious and also has en-suite bathroom with a shower/tub combo. The balcony, showcasing views of paradise, is spacious with plenty of room for a table and recliners to enjoy relaxing and/or outdoor living! Don't worry about coin operated laundry or sharing a washer with neighbors - this unit features in-unit laundry and large storage closets to keep you well organized. This unit is complete with secured and designated underground garage parking (1 spot) with an individual storage locker. The building features a gated inground community pool with entertaining space, grill area, shuffle board, and ample lawn! Sound too good to be true? It gets better! The Ormondy is a very well-maintained building with a low history of assessments. Over the last several years, the Ormondy has undergone substantial updates and renovations including paint, concrete restoration, new elevators, new flooring, and MORE! WATER HEATER 2016, HVAC 2019 - NO PETS ALLOWED. 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: 08/10/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,251

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 1,869 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Common Area

Outdoor Features

  • In Ground Pool

Utilities

  • Heat Pump System
  • Private Sewer
  • Community Sewer or Septic
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3234-26-00-004G

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

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,251

Year Built

Built in 1985

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: N/A
  • Subdivision Name: Ormondy, A Condo, The
  • Directions: From Granada Blvd go north on Ocean Shore Blvd (A1A) 3 miles to 1513 on right, The Ormondy.
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built: 1985
  • Reso Property Type: Residential
  • Reso Room Type: DiningRoom
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Private Sewer: Yes
  • General Property Information Lot Size Dimensions: N/A
  • General Property Information Direction Faces: East
  • General Property Information Homestead YN: No
  • Location Tax and Legal:Parcel Number: 3234-26-00-004G
  • Location Tax and Legal:Tax Annual Amount: 6251.0
  • Location Tax and Legal:Tax Year: 2021
  • Flooring:Carpet: Yes
  • Levels Three Or More: Yes
  • Pool Features In Ground2: Yes
  • Water Source:Public: Yes
  • ViewOcean: Yes
  • Pets Allowed:Yes: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room: Yes
  • Association Amenities Management- On Site: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room Level: M
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Common Area
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Elevator
  • Living Area: 1869.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Pool Features:Community: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • View: Ocean
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony
  • Accessibility Features:Common Area: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: 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
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public
  • Heating:Heat Pump: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Amenities: Management- On Site, Storage
  • 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 Amenities:Storage: Yes
  • 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 #: 3234-26-00-004G

Tax Info

  • Tax Annual Amount: 6251.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 5, 2022
Sold by
Watkins Florida Llc
Bought by
Alter Hobart and Alter Stephanie
Seller's Agent
Geraldine Westfall
Simply Real Estate
Buyer's Agent
Geraldine Westfall
Simply Real Estate
List Price
$510,000
Sold Price
$510,000
Current Estimated Value
$569,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,628
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Aug 6, 2018
Sold by
Watkins Jennings E
Bought by
Watkins Florida Llc

Purchase Details

Closed on
Jun 15, 1987
Bought by
Watkins Jennings E

Purchase Details

Closed on
Jun 15, 1985
Bought by
Watkins Jennings E
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
Alter Hobart $510,000 Southern Title Holdings
Watkins Florida Llc -- Attorney
Watkins Jennings E $160,000 --
Watkins Jennings E $126,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $510,000 0.0% $273 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $510,000 -- $273 / 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 $8,469 $472,394 -- $472,394
2024 $8,469 $472,394 -- $472,394
2023 $8,469 $469,799 $0 $469,799
2022 $6,724 $401,706 $0 $401,706
2021 $6,251 $316,590 $0 $316,590
2020 $6,469 $327,702 $0 $327,702
2019 $6,304 $313,891 $0 $313,891
2018 $6,404 $313,892 $1 $313,891
2017 $6,316 $299,359 $74,840 $224,519
2016 $6,181 $294,441 $0 $0
2015 $6,019 $294,441 $0 $0
2014 $5,389 $263,008 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1100139

Daytona Beach Area Association of REALTORS®

APN: 3234-26-00-004G