NOT LISTED FOR SALE

2256 S Ocean Shore Blvd Flagler Beach, FL 32136

Estimated Value: $950,000 - $1,088,000

7 Beds
4.5 Baths
3,924 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $719,000 $183 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,583/month

136 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Traditional Architecture
  • Covered Patio or Porch
  • Old Kings Elementary School Rated A-
  • No HOA
  • Balcony

About This Home

As of August 2020

Rare, One of a Kind, Oceanfront Opportunity at 2256 S Ocean Shore in Flagler Beach. Investors will treasure this 4 unit apartment building with strong rental history, beautifully renovated in 2018 along with all those great ocean views to enjoy make this a Don't Miss Gem! Some of the highlights in all units are kitchens with granite counter tops, all new appliances, white Shaker, soft close cabinets and drawers, vinyl plank flooring, new bathroom vanities, fans, light fixtures, new balconies on upstairs units, new stairway to upper floor. (3) New A/C units & two hot water heaters, 2018/2019. Upstairs units have washer & dryers, new vents & ducts and newer hurricane impact windows and sliders with large outdoor balconies to enjoy the Salt Life to the fullest plus Dune Easement included!! So many extras a Full Feature Sheet with rental information is attached in document folder. Termite Bond along with A/C yearly maintenance included through 2020. Call before this ships away!

Last Agent to Sell the Property

Melanie Broyles

TRADEMARK REALTY GROUP LLC License #438836 Listed on: 03/18/2020

TRADEMARK REALTY GROUP LLC

Last Buyer's Agent

Frank Zedar

ATLANTIC OCEAN REALTY License #3013139

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,745

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Property fronts gulf or ocean
  • East Facing Home

Home Design

  • Quadruplex
  • Traditional Architecture
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,924 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Water Views
  • Security Lights

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mobbs Condos
  • Mobbs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-12-32-4400-00010-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,745

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Other, Traditional
  • Construction Materials: Block, Stucco
  • Living Area: 3924
  • Year Built: 1968
  • Lot Size Sq Ft: 5089
  • Directions to Property: Route 100 East to Ocean Shore Blvd or A1A, go South to 2256 S. Ocean Shore
  • Status: Sold
  • Unit Count: 4
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Property Manager: Trademark Realty Group
  • Property Manager Phone: 386/569-6373
  • Ratio: Close Price\List Price: 0.89018
  • Price per Sq Ft: 183.23
  • Close to Original List Price Ratio: 0.89018
  • View: No
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Linoleum, Vinyl
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 7
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 2256
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View Y N: Yes

Garage/Parking

  • Parking Features: Driveway, On Street, Other
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights
  • Senior Community: No
  • Complex Community Name NCCB: MOBBS

Lot Info

  • Zoning: MDR
  • Parcel Number: 19-12-32-4400-00010-0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6744.68

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
Aug 14, 2020
Sold by
Charlie Damico
Bought by
Ag Investing Inc
Seller's Agent
Melanie Broyles
TRADEMARK REALTY GROUP LLC
Buyer's Agent
Frank Zedar
ATLANTIC OCEAN REALTY
List Price
$807,700
Sold Price
$719,000
Premium/Discount to List
-$88,700
-10.98%
Current Estimated Value
$1,028,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,266
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Apr 2, 2009
Sold by
Damico Clifford J
Bought by
Allen Norma and Damico Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.18%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2001
Sold by
Allen Don N and Allen Norma
Bought by
Allen Don N and Allen Norma

Purchase Details

Closed on
Aug 14, 2000
Sold by
Grogan John K and Grogan Bette J
Bought by
Damico Clifford J and Damico Charlie

Purchase Details

Closed on
May 2, 2000
Sold by
Grogan John K and Grogan Bette J
Bought by
Grogan John K and Grogan Bette J

Purchase Details

Closed on
Apr 27, 2000
Sold by
Talton Jack and Grogan Bette J
Bought by
Grogan John K and Grogan Bette J

Purchase Details

Closed on
Aug 19, 1997
Sold by
Grogan Bette J and Grogan John K
Bought by
Grogan John K
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
Ag Investing Inc $719,000 New Title Company Name
Ag Investing Inc $719,000 Veterans Title Llc
Ag Investing Inc $719,000 New Title Company Name
Allen Norma $125,000 None Available
Allen Don N -- --
Allen Don N -- --
Damico Clifford J -- --
Grogan John K -- --
Grogan John K -- --
Grogan John K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Norma $250,000
Previous Owner Allen Norma $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Off Market $719,000 -- --
08/14/2020 08/14/20 Sold $719,000 -11.0% $183 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $807,700 -- $206 / Sq Ft
Source: Stellar MLS

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
2024 $11,761 $626,848 $341,030 $285,818
2023 $11,761 $579,033 $0 $0
2022 $10,928 $610,969 $285,040 $325,929
2021 $9,704 $478,540 $225,750 $252,790
2020 $7,405 $438,953 $215,000 $223,953
2019 $7,026 $418,567 $205,000 $213,567
2018 $6,192 $338,552 $175,000 $163,552
2017 $5,497 $282,497 $150,000 $132,497
2016 $5,145 $226,791 $0 $0
2015 $4,456 $206,174 $0 $0
2014 $4,217 $209,158 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC255939

Stellar MLS

APN: 19-12-32-4400-00010-0100