125 S Orchard Street, Ormond Beach, FL 32174
$2,700,000
Property Type:
Residential Income
Bedrooms:
54
Square Footage:
34,348
Status:
Closed
Current Price:
$2,700,000
List Date:
7/27/2020
Last Modified:
9/23/2024
Description
One of the few multi-family units available in the Ormond Beach area. The property also has a 3 bedroom home and a 1 bedroom home. THe apartments are in a desirable area in Ormond Beach which allows it to be 100% rented. There is a coin laundry available onsite. It is walking distance to shopping and other amenities.
More Information MLS# 1056746
Location, Tax, and Legal
Country: US
Parcel Number: 4241-01-19-0030
Tax Annual Amount: 20821
Tax Year: 2018
Tax Legal Description: LOT C SUB GRANT LOT 2 1/2 ORMOND EXC E 114.3 FT OF W 394.5 FT OF S 1/2 PER OR 4400 PG 0169 PER OR 6878 PG 4255 PER OR 7165 PGS 2970-2972 INC
Currently Not Used
Bedrooms Total: 54
Living Area Source: Owner
Building Area Total: 34348
Year Built: 1974
Carport YN: No
Pool Private YN: No
General Property Information
Living Area: 23912
Number Of Units Total: 32
Association YN: Yes
Association Fee 2: 0
Directions: Off 95 head East 1/2 mile past Nova. Turn Right on S Orchard St and it will be on your left.
Public Remarks: One of the few multi-family units available in the Ormond Beach area. The property also has a 3 bedroom home and a 1 bedroom home. THe apartments are in a desirable area in Ormond Beach which allows it to be 100% rented. There is a coin laundry available onsite. It is walking distance to shopping and other amenities.
Water Body Access YN: No
List Price/SqFt: 121.28
Sold Price/SqFt: 112.91
Bedrooms Total: 54
Year Built: 1974
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Current Use
Multi-Family: 1
Heating
Electric: 1
Lot Features
Other: 1
Owner Pays
Grounds Care: 1
Pest Control: 1
Taxes: 1
Trash Collection: 1
Water: 1
Parking Features
Parking Lot: 1
Roof
Shingle: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Unit 1 Details
Unit ID: 10
Beds Total: 1
Full Baths Total: 1
Unit 2 Details
Unit ID: 1
Beds Total: 1
Unit 3 Details
Unit ID: 20
Beds Total: 2
Full Baths Total: 1
Unit 4 Details
Unit ID: 1
Beds Total: 3
Water Source
Public: 1
Historical Information
Public Historical Remarks 1: Property Name: Orchard Apartments; Meters: # Electric Meters: 32, # Water Meters: 1; Financial Pkg: Yes; Franchise Opt In: No
Contract Information
Current Price: $2,700,000
Sold Price: $2,700,000
Status: Closed
Listing Contract Date: 2019-04-25
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 125
Street Direction Prefix: S
Street Name: Orchard
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32174
Subdivision Name: Not In Subdivision
MLS Area Major: 41 - LPGA to Granada, E of Nova
Status Change Information
Major Change Timestamp: 2020-07-27T18:35:17Z
Major Change Type: Status Change
Purchase Contract Date: 2020-07-26
Close Date: 2020-07-27
Close Price: 2700000
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete
Cooling: Central Air
Current Use: Multi-Family
Heating: Electric
Lot Features: Other
Owner Pays: Grounds Care; Pest Control; Taxes; Trash Collection; Water
Parking Features: Parking Lot
Roof: Shingle
Tenant Pays: Cable TV; Electricity
Water Source: Public
Listing Office:
Coldwell Banker Commercial Benchmark
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.