RENTED NOV 13, 2025

45 Magnolia Dr S Ormond Beach, FL 32174

Plantation Bay Neighborhood

Estimated Value: $257,095 - $270,000

2 Beds
2 Baths
1,300 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $280,000 $215 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,670/month

Highlights

  • Gated with Attendant
  • Views of Preserve
  • Contemporary Architecture
  • Gated Parking
  • Open Floorplan
  • Screened Porch

About This Home

As of November 2025

Lovely 2-bedroom 2 bath 1st floor condo located in the private gated community of Plantation Bay in Plantation Point Enjoy in the oversized, wrap around, screened, covered patio, very private. This home is move-in ready with inside washer and dryer. A dedicated car port. Close to I-95 and minutes away from all amenities and beaches. This property is also available for SALE on MLS #: 1217513.

Last Agent to Rent the Property

Mehrdad Khorassani

FAME Real Estate LLC License #3206740 Listed on: 08/28/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • 1,725 Sq Ft Lot
  • Property fronts a private road

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Screened Porch
  • Views of Preserve
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Detached Garage
  • 1 Carport Space
  • Gated Parking

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,000
  • Tenant pays for all utilities, electricity, water
  • The owner pays for association fees, common area maintenance, exterior maintenance, grounds care, parking fee
  • 12 Month Lease Term
  • $100 Application Fee
  • Assessor Parcel Number 03-13-31-5120-1A040-12A0

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, ground maintenance, maintenance structure
  • Plantation Bay Community Association, Inc. Association, Phone Number (386) 437-0038
  • Plantation Point, A Condo Subdivision
  • On-Site Maintenance

Pet Policy

  • Pet Deposit $300
  • Breed Restrictions

Building Details

  • Security

Security

  • Gated with Attendant
  • 24 Hour Access
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Electricity, Water

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.04
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Plantation Point, A Condo
  • Directions: I-95 to to Exit 278, west on Old Dixie Highway. Take a Left on Plantation Bay Drive. Take the first right on Magnolia
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 2005
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 0.0396
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information:Stories Total: 1
  • Location Tax and Legal:Parcel Number: 03-13-31-5120-1A040-12A0
  • Cooling:Central Air: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Pets Allowed:Call: Yes
  • Room Types Dining Room: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Utilities:Cable Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities:Water Available: Yes
  • Room Types Living Room: Yes
  • General Property Information:Carport Spaces: 1.0
  • Foundation Details Slab: Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style:Contemporary: Yes
  • Utilities:Electricity Available: Yes
  • Owner Pays:Common Area Maintenance: Yes
  • Owner Pays:Exterior Maintenance: Yes
  • Owner Pays:Grounds Care: Yes
  • Road Frontage Type:Private Road: Yes
  • Security Features Gated with Guard: Yes
  • Security Features Security Gate: Yes
  • Deposits and Fees Security Deposit: 2000.0
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Association Phone: 386-437-0038
  • View Protected Preserve: Yes
  • Deposits and Fees Application Fee: 100.0
  • Deposits and Fees Pet FeeDeposit: 300.0
  • Security Features 24 Hour Security: Yes
  • Additional Lease Terms 12 Months: Yes
  • General Property Information Water Body Access YN2: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Owner Pays: Association Fees, Common Area Maintenance, Exterior Maintenance, Grounds Care, Parking Fee
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Living Area: 1300.0
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • View: City, Protected Preserve
  • Waterfront: No
  • Foundation Details: Slab
  • Patio And Porch Features: Screened, Wrap Around
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Covered, Detached, Gated
  • Parking Features:Covered: Yes
  • Parking Features:Gated2: Yes
  • Parking Features:Detached: Yes
  • Owner Pays:Parking Fee: Yes

Utilities

  • Laundry Features: In Unit
  • Security: 24 Hour Security, Gated with Guard, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes
  • Heating:Electric3: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: None
  • Amenities: Gated, Maintenance Grounds, Maintenance Structure, Security
  • Association Fee Frequency: Quarterly
  • Association Name: PLANTATION BAY COMMUNITY ASSOCIATION, INC.
  • Phone: 386-437-0038
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Call

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Name: PLANTATION BAY COMMUNITY ASSOCIATION, INC.
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Security: Yes
  • Owner Pays:Association Fees: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Maintenance Structure: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure

Lot Info

  • Lot Size Sq Ft: 1724.98
  • Parcel #: 03-13-31-5120-1A040-12A0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 31, 2023
Sold by
Ainsworth Family Trust
Bought by
Kivett Justin R
Seller's Agent
Pamela Capela
RE/MAX Select Professionals
Buyer's Agent
Ali H Kargar
Venture Development Realty, Inc
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$264,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,726
Avg. Annual Appreciation
-2.09%
Original Mortgage
$250,000
Outstanding Balance
$129,855
Interest Rate
8.5%
Mortgage Type
Balloon
Estimated Equity
$134,419

Purchase Details

Closed on
Jun 1, 2016
Bought by
Ainsworth Thomas R and Ainsworth Deborah

Purchase Details

Listed on
Sep 3, 2014
Closed on
Aug 27, 2014
Sold by
Intervest At Plantation Bay Llc
Bought by
St James William Grier and St James Carol Reed
Seller's Agent
Ali H Kargar
Venture Development Realty, Inc
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$128,000
Sold Price
$128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Intervest At Plantation Bay
Bought by
Intervest At Plantation Bay Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kivett Justin R $280,000 Victory Title
Ainsworth Thomas R $136,500 --
St James William Grier $128,000 Southern Title Hldg Co Llc
Intervest At Plantation Bay Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kivett Justin R $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Rented $1,750 0.0% --
10/30/2025 10/30/25 Price Changed $1,750 -5.4% $1 / Sq Ft
10/07/2025 10/07/25 Price Changed $1,850 -5.1% $1 / Sq Ft
10/06/2025 10/06/25 Price Changed $1,950 -2.5% $2 / Sq Ft
08/28/2025 08/28/25 For Rent $2,000 +17.6% --
06/17/2024 06/17/24 Rented $1,700 -15.0% --
05/20/2024 05/20/24 For Rent $2,000 0.0% --
03/31/2023 03/31/23 Sold $280,000 0.0% $215 / Sq Ft View Prior Sale
02/23/2023 02/23/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $280,000 +118.8% $215 / Sq Ft
09/03/2014 09/03/14 For Sale $128,000 0.0% $87 / Sq Ft
08/31/2014 08/31/14 Sold $128,000 -- $87 / Sq Ft View Prior Sale
08/31/2014 08/31/14 Pending -- -- --
Source: Daytona Beach Area Association of REALTORS®

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
2025 $3,436 $243,116 -- $243,116
2024 $2,780 $243,116 -- $243,116
2023 $2,780 $172,407 $0 $0
2022 $2,371 $185,231 $0 $185,231
2021 $2,080 $142,485 $0 $142,485
2020 $2,015 $135,700 $0 $135,700
2019 $2,239 $150,800 $0 $150,800
2018 $2,102 $139,800 $0 $139,800
2017 $1,892 $121,600 $0 $0
2016 $1,886 $121,600 $0 $0
2015 $1,697 $105,700 $0 $0
2014 $1,366 $83,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2025

    Mehrdad Khorassani

    FAME Real Estate LLC

    (386) 334-2226

    6 in this area

    98 Total Sales

    Mehrdad Khorassani
    Section Image
  • Pamela Capela

    Seller's Agent in 2023

    Pamela Capela

    RE/MAX Select Professionals

    (386) 986-6284

    2 in this area

    257 Total Sales

    Pamela Capela
    Section Image
  • Ali H Kargar

    Buyer's Agent in 2023

    Ali H Kargar

    Venture Development Realty, Inc

    (386) 366-0091

    99 in this area

    2,029 Total Sales

    Ali H Kargar
    Section Image

  • K

    Buyer's Agent in 2014

    Karen Nelson

    Nonmember office

    (386) 677-7131

    151 in this area

    9,041 Total Sales

    Karen Nelson
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1217257

Daytona Beach Area Association of REALTORS®

APN: 03-13-31-5120-1A040-12A0

Florida Flagler County Ormond Beach 32174 Plantation Bay

45 Magnolia Dr S, Ormond Beach, FL

Not Listed for Sale

Townhouses

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