279 Selden Ave Ormond Beach, FL 32174
Lakevue NeighborhoodEstimated payment $1,649/month
Total Views
4,096
3
Beds
2
Baths
1,023
Sq Ft
$244
Price per Sq Ft
About This Home
Turnkey Investment with Value-Add Potential. Seldon offers a rare opportunity to own a partially leased, income-generating property in a high-demand area of Ormond Beach. This unique setup includes two separate residential units, ideal for a variety of investment strategies such as long-term rental, house hacking, or multi-generational use.The main residence features 2 bedrooms, 1 bathroom, and spans approximately 1,176 sq ft. This unit is currently vacant, providing the opportunity to renovate, lease, or occupy as an owner while collecting rent from the second unit. The detached apartment in the rear includes 1 bedroom, 1 bathroom, and approximately 320 sq ft, and is currently leased offering immediate passive income.This dual-unit configuration creates built-in cash flow while leaving room to increase rental income with the front unit. The property offers separate entrances for tenant privacy, no HOA. Some photos are virtually staged for marketing purposes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,183
Year Built
- Built in 1939
Lot Details
- 5,227 Sq Ft Lot
- Property fronts a county road
Home Design
- Property Attached
- Shingle Roof
Interior Spaces
- 1,023 Sq Ft Home
- Carpet
Kitchen
- Convection Oven
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- 2 Units
- Lincoln Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 4241-06-01-01-00-0000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,135 | $197,347 | $13,377 | $183,970 |
| 2024 | $3,135 | $196,404 | $13,377 | $183,027 |
| 2023 | $3,135 | $191,976 | $13,377 | $178,599 |
| 2022 | $1,809 | $168,389 | $12,177 | $156,212 |
| 2021 | $1,300 | $73,848 | $6,689 | $67,159 |
| 2020 | $1,183 | $67,201 | $6,689 | $60,512 |
| 2019 | $1,191 | $67,105 | $6,689 | $60,416 |
| 2018 | $736 | $68,285 | $6,689 | $61,596 |
| 2017 | $695 | $61,664 | $4,811 | $56,853 |
| 2016 | $300 | $15,173 | $0 | $0 |
| 2015 | $292 | $14,172 | $0 | $0 |
| 2014 | $491 | $23,777 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $250,000 | -9.1% | $244 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $275,000 | -- | $269 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Federal Title & Escrow | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $828,000 | New Conventional |
Source: Public Records
Similar Homes in Ormond Beach, FL
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2092733
APN: 4241-06-01-0100
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.
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
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