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1301 Ocean Shore Boulevard, Ormond Beach, FL 32176

$1,050,000
Property Type: Residential Income Bedrooms: 4 Baths: 3 Square Footage: 2,827 Lot Size (sq. ft.): 15,952 Status: Closed
Current Price: $1,050,000 List Date: 6/17/2024 Last Modified: 9/23/2024

Description

First time offering of this amazing OCEANFRONT property! 50' x 318' zoned B-8 this property has so many potential uses. Centrally located with views TO DIE FOR! Currently, this home is comprised of an oceanfront duplex, each side being 1 bedroom, 1 full bath, a kitchen and living area. There is also an efficiency apartment attached to the main house and a main house that needs rehab. One could also raze the structures and build up to three new single-family homes. There is a road easement along the south side of the property which could be used to access the new structures. Side setbacks would be 5' each, allowing a 40' width for your oceanfront home. One could also renovate the main bungalow and have three income producing properties (2 one bedroom and an efficiency). You could incorporate the efficiency into the attached main home to have a larger main home with two income producing properties. The potential is endless, just like the views! Due to the condition of the main home,

Supplements: this property is open to cash & hard money buyers. This is an excellent opportunity to own almost 4/10 of an acre, oceanfront, right in the heart of Ormond! Buyer to do due diligence as to their intentions with the property. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.

More Information MLS# 1200355

Location, Tax, and Legal

Country: US Parcel Number: 3234-07-00-0260 Tax Annual Amount: 15919 Tax Year: 2023 Tax Legal Description: S 1/2 OF LOT 26 O BYRNE SUB MB 11 PG 152 PER OR 3963 PG 2838 PER OR 5793 PG 3441 PER OR 5938 PG 3775 PER D/C 6141 PG 4443 PER OR 6835 PGS 0689-0690

Currently Not Used

Bedrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 0 Bathrooms Total: 3 Year Built: 1972 New Construction YN: No Garage YN: Yes Garage Spaces: 1 Carport YN: No Pool Private YN: No

View

Beach: 1 Ocean: 1

General Property Information

Number Of Buildings: 2 Lot Size Acres: 0.3662 Lot Size Dimensions: 50x319 Living Area: 2827 Number Of Units Total: 3 CDD Fee YN: No Association YN: No Directions: From Granada Blvd go north on Ocean Shore Blvd (A1A) 2.5 miles to 1301 Ocean Shore on right. Public Remarks: First time offering of this amazing OCEANFRONT property! 50' x 318' zoned B-8 this property has so many potential uses. Centrally located with views TO DIE FOR! Currently, this home is comprised of an oceanfront duplex, each side being 1 bedroom, 1 full bath, a kitchen and living area. There is also an efficiency apartment attached to the main house and a main house that needs rehab. One could also raze the structures and build up to three new single-family homes. There is a road easement along the south side of the property which could be used to access the new structures. Side setbacks would be 5' each, allowing a 40' width for your oceanfront home. One could also renovate the main bungalow and have three income producing properties (2 one bedroom and an efficiency). You could incorporate the efficiency into the attached main home to have a larger main home with two income producing properties. The potential is endless, just like the views! Due to the condition of the main home, Stories: 1 Water Body Access YN: No List Price/SqFt: 442.13 Sold Price/SqFt: 371.42 Bedrooms Total: 4 Bathrooms Total: 3 Bathrooms Full: 3 Year Built: 1972

Status Change Information

Contingent Date: 2024-07-03 Major Change Timestamp: 2024-07-31T20:00:42Z Major Change Type: Status Change Purchase Contract Date: 2024-07-05 Close Date: 2024-07-31 Close Price: 1050000

Cooling

Central Air: 1

Current Use

Residential: 1

Heating

Central: 1 Electric: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Other: 1

Parking Features

Attached: 1 Garage: 1 Shared Driveway: 1

Pool Features

None: 1

Possession

Close Of Escrow: 1

Road Frontage Type

State Road: 1

Road Surface Type

Asphalt: 1

Unit 1 Details

Unit ID: Front Actual Rent: 0 Unit SqFt: 1675 Beds Total: 2 Full Baths Total: 1 Furnished: Negotiable Unit Remarks: See genera remarks

Unit 2 Details

Unit ID: A Actual Rent: 0 Unit SqFt: 576 Beds Total: 1 Full Baths Total: 1 Furnished: Negotiable Unit Remarks: See genera remarks

Unit 3 Details

Unit ID: B Actual Rent: 0 Unit SqFt: 576 Beds Total: 1 Full Baths Total: 1 Furnished: Negotiable Unit Remarks: See genera remarks

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Water Source

Public: 1

Contingency Reason

Inspection: 1

Contract Information

Current Price: $1,050,000 Sold Price: $1,050,000 Status: Closed Listing Contract Date: 2024-06-17 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 1301 Street Name: Ocean Shore Street Suffix: Boulevard County: Volusia State: FL Postal Code: 32176 Subdivision Name: Obyrne MLS Area Major: 18 - Ormond-By-The-Sea

Property Features

Cooling: Central Air Current Use: Residential Heating: Central; Electric Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Attached; Garage; Shared Driveway Pool Features: None Possession: Close Of Escrow Road Frontage Type: State Road Road Surface Type: Asphalt Utilities: Electricity Connected; Sewer Connected; Water Connected View: Beach; Ocean Water Source: Public Contingency Reason: Inspection
Listing Office: Simply Real Estate
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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