NOT LISTED FOR SALE

274 Laws Ln Ormond Beach, FL 32174

3 Beds
3 Baths
1,708 Sq Ft
6,600 Sq Ft Lot

Last Sold December 12, 2024

Last sale price $496,326 $291 Per Sq Ft

222 Days on Market

Highlights

  • Furnished
  • Crown Molding
  • Ceiling Fan
  • No HOA
  • Central Heating
  • Laundry Facilities

About This Home

As of December 2024

Great New Price! Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.

Last Agent to Sell the Property

Colleen Calnan

CALNAN REAL ESTATE Brokerage Phone: 386-675-1137 License #3173311 Listed on: 04/15/2024

Last Buyer's Agent

Jacki Harris

FLORIDA HOME TEAM REALTY LLC License #3107528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1960

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 60x110

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Bi-Level Home
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan

Outdoor Features

  • Outbuilding

Schools

  • Pine Trail Elementary School
  • Ormond Beach Middle School
  • Seabreeze High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,500 Sq Ft Building
  • Liberia Add Ormond Fla Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1708
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 2500
  • Lot Size Sq Ft: 6600
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 232.26
  • Escrow State: FL
  • RATIO Current Price By Calculate: 290.59
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 386-675-1137
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Ninguno
  • Foundation Details: Slab
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 158.68

Exterior Features

  • Exterior Features: Outbuilding(s)
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Pine Trail Elem
  • High School: Seabreeze High School
  • Middle Or Junior School: Ormond Beach Middle

Lot Info

  • Zoning: MULTI
  • Parcel Number: 424108020200
  • Additional Parcels: No
  • Lot Dimensions: 60x110
  • Flood Zone Code: X & AE

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3
  • Est Annual Market Income: 53700.00

Tax Info

  • Tax Annual Amount: 5663.72
  • Tax Block: 2
  • Tax Book Number: MBES-32
  • Tax Lot: 20

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $496,326 -9.8% $291 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
09/14/2024 09/14/24 Price Changed $550,000 -8.2% $322 / Sq Ft
06/27/2024 06/27/24 Price Changed $599,000 -6.4% $351 / Sq Ft
04/15/2024 04/15/24 For Sale $639,900 +42.2% $375 / Sq Ft
06/25/2021 06/25/21 Sold $450,000 0.0% $263 / Sq Ft View Prior Sale
05/26/2021 05/26/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $450,000 -- $263 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Colleen Calnan

    Seller's Agent in 2024

    Colleen Calnan

    CALNAN REAL ESTATE

    (781) 983-4852

    2 in this area

    151 Total Sales

    Colleen Calnan
    Section Image
  • Jacki Harris

    Buyer's Agent in 2024

    Jacki Harris

    FLORIDA HOME TEAM REALTY LLC

    (407) 733-7038

    1 in this area

    52 Total Sales

    Jacki Harris
    Section Image

  • g

    Seller's Agent in 2021

    gringoedward .

    Downtown Realty & Investments

    (386) 295-6835

    1 in this area

    55 Total Sales

    gringoedward .
    Section Image

  • Z

    Buyer's Agent in 2021

    Zac Burt

    Downtown Realty & Investments

    (386) 843-1118

    3 in this area

    101 Total Sales

    Zac Burt
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: V4935709

Stellar MLS

APN: 4241-08-02-0200

Florida Volusia County Ormond Beach 32174

274 Laws Ln, Ormond Beach, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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