NOT LISTED FOR SALE

21 Cypress Cir Ormond Beach, FL 32176

3 Beds
3 Baths
1,544 Sq Ft
1949 Built

Last Sold January 24, 2024

Last sale price $415,000 $269 Per Sq Ft

11 Days on Market

Highlights

  • Brick or Stone Mason
  • Heating Available
  • 4-minute walk to Milton W Pepper Mini Park
  • Multiple cooling system units

About This Home

As of January 2024

3 turn-key apartments for sale in Ormond Beach's Ellinor Village. Great beachside community that is only 3 blocks from the big sandy beaches and upscale resorts. These rentals are extremely popular with renters. The property has 3 one bedroom 1 bath units w/ full kitchens. Fully tenant occupied. Unit A has a central AC unit, washer & dryer in the apt. Units B & C both have been very recently updated with stacked washer/ dryers in each unit. B & C also have new kitchen, cabinets, countertops & appliances. The roof is 3 y/o New exterior electrical panels for all 3 units. The property has a big open spacious yard & is very desirable to prospective tenants.. There are 3 off-street driveway parking spaces. There are 3 electric meters & 1 water meter. Selling $450,000 brings buyer 7.5% CAP

Last Agent to Sell the Property

Matt Gomes

Miller Real Estate and Assoc. License #3279435 Listed on: 11/30/2023

Co-Listed By

Andy Miller

Miller Real Estate and Assoc. License #0556242

Last Buyer's Agent

Ian Anderson

EXP Realty LLC License #3105624

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,317

Year Built

  • Built in 1949

Parking

  • 3 Parking Spaces

Home Design

  • 1,544 Sq Ft Home
  • Triplex
  • Brick or Stone Mason
  • Cement Siding
  • Stucco

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 4223-02-06-0100

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units
  • Ellinor Village Subdivision

Building Details

  • Gross Income $3,370
  • Net Operating Income $32,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,317

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 15,360
  • Subdivision Name: Ellinor Village
  • Directions: Granada Blvd to A1A south right on Rockefeller DR left on Cypress Cir
  • Carport Y N: No
  • Year Built: 1949
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Information Lot Size Dimensions: 15,360
  • Location Tax and Legal:Parcel Number: 4223-02-06-0100
  • Location Tax and Legal:Tax Annual Amount: 4317.0
  • Location Tax and Legal:Tax Year: 2022
  • Cooling:Central Air: Yes
  • Cooling:Multi Units: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 40440.0
  • General Property Information Water Body Access YN: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dishwasher
  • Total Bedrooms: 3
  • Living Area: 1544.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Type: Brick, Cement Siding, Stucco
  • Construction Materials:Stucco: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Cement Siding: Yes

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, Multi Units, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Lot Info

  • Parcel #: 4223-02-06-0100

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 3370.0
  • Property Net Operating Income: 32480.0

Tax Info

  • Tax Annual Amount: 4317.0
  • 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 Prior Sale
01/24/2024 01/24/24 Sold $415,000 0.0% $269 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $415,000 +50.9% $269 / Sq Ft
11/30/2020 11/30/20 Sold $275,000 0.0% $178 / Sq Ft View Prior Sale
10/28/2020 10/28/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $275,000 0.0% $178 / Sq Ft
04/15/2020 04/15/20 Rented $795 0.0% --
04/15/2020 04/15/20 For Rent $795 -- --
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 $5,712 $349,075 $165,000 $184,075
2025 $5,712 $349,075 $165,000 $184,075
2024 $4,717 $309,620 $158,000 $151,620
2023 $4,717 $307,054 $63,350 $243,704
2022 $4,317 $281,372 $63,350 $218,022
2021 $4,070 $231,302 $51,500 $179,802
2020 $2,750 $156,227 $49,000 $107,227
2019 $2,573 $148,325 $45,000 $103,325
2018 $2,445 $141,426 $38,100 $103,326
2017 $2,282 $122,271 $38,100 $84,171
2016 $2,156 $111,560 $0 $0
2015 $2,050 $102,859 $0 $0
2014 $1,835 $88,892 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1116726

Daytona Beach Area Association of REALTORS®

APN: 4223-02-06-0100