1301 Ocean Shore Boulevard, Ormond Beach, FL 32176 (MLS# 1200355)

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

Overview

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.

Listing Details MLS# 1200355

General Property Information

Number Of Buildings: 2
Number Of Units Total: 3
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 2827
Year Built: 1972
Lot Size Acres: 0.3662
Lot Size Dimensions: 50x319
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Stories: Yes
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,
List Price/SqFt: 442.13
Sold Price/SqFt: 371.42

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

Contract Information

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

Status Change Information

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

Unit 1 Details

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

More Information

Unit 2 Details

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

Unit 3 Details

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

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: Yes
Ocean: Yes

Cooling

Central Air: Yes

Current Use

Residential: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Attached: Yes
Garage: Yes
Shared Driveway: Yes

Pool Features

None: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

State Road: Yes

Road Surface Type

Asphalt: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Contingency Reason

Inspection: Yes

Listing Office: Simply Real Estate

Last Updated: September - 23 - 2024

Information deemed reliable but not guaranteed.

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