NOT LISTED FOR SALE

431 S Nova Rd Unit 16 Ormond Beach, FL 32174

Central Park Neighborhood

Estimated Value: $7,170,442

Studio
29 Baths
42,224 Sq Ft
$170/Sq Ft Est. Value

About This Home

This home is located at 431 S Nova Rd Unit 16, Ormond Beach, FL 32174 and is currently estimated at $7,170,442, approximately $169 per square foot. 431 S Nova Rd Unit 16 is a home located in Volusia County with nearby schools including Pine Trail Elementary School, Ormond Beach Middle School, and Mainland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2025
Sold by
Renaissance Of Ormond Beach Llc
Bought by
Drg Ormond Llc
Current Estimated Value
$7,170,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,070,000
Outstanding Balance
$5,065,199
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,105,243

Purchase Details

Closed on
Jun 27, 2019
Sold by
Realtyfund Ii Llc
Bought by
Reniassance Of Ormond Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,122,500
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2005
Sold by
Tiki Supreme Inc
Bought by
Realtyfund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 1991
Bought by
Realtyfund Ii Llc

Purchase Details

Closed on
Jul 15, 1988
Bought by
Realtyfund Ii Llc

Purchase Details

Closed on
Jan 15, 1988
Bought by
Realtyfund Ii Llc

Purchase Details

Closed on
Aug 15, 1986
Bought by
Realtyfund Ii Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Drg Ormond Llc $7,775,000 None Listed On Document
Reniassance Of Ormond Beach Llc $4,850,000 Attorney
Realtyfund Ii Llc $4,200,000 --
Realtyfund Ii Llc $1,900,000 --
Realtyfund Ii Llc $100 --
Realtyfund Ii Llc $2,643,300 --
Realtyfund Ii Llc $1,920,000 --
Realtyfund Ii Llc $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drg Ormond Llc $5,070,000
Previous Owner Reniassance Of Ormond Beach Llc $4,122,500
Previous Owner Realtyfund Ii Llc $3,000,000
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
2026 $84,816 $5,183,230 $1,084,348 $4,098,882
2025 $84,816 $5,183,230 $1,084,348 $4,098,882
2024 $74,480 $4,761,050 $1,084,348 $3,676,702
2023 $74,480 $4,561,235 $1,084,348 $3,476,887
2022 $69,628 $4,249,387 $1,084,348 $3,165,039
2021 $71,880 $4,084,609 $1,084,348 $3,000,261
2020 $72,535 $4,120,529 $1,084,348 $3,036,181
2019 $42,122 $2,934,036 $619,627 $2,314,409
2018 $34,497 $1,891,236 $464,720 $1,426,516
2017 $32,805 $1,720,070 $464,720 $1,255,350
2016 $32,304 $1,632,022 $0 $0
2015 $31,633 $1,535,967 $0 $0
2014 $30,200 $1,462,835 $0 $0
Source: Public Records

Map

Florida Volusia County Ormond Beach 32174 Central Park

431 S Nova Rd Unit 16, Ormond Beach, FL

Not Listed for Sale

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