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1896 Ocean Shore Boulevard, Ormond Beach, FL 32176

$1,475,000
Property Type: Residential Income Bedrooms: 14 Square Footage: 4,728 Lot Size (sq. ft.): 45,302 Status: Closed
Current Price: $1,475,000 List Date: 6/19/2021 Last Modified: 9/23/2024

Description

Multi Family with direct oceanfront and beach access. This 14 unit complex has 2 - 1 bedroom apartments and 12 efficiencies. All with full bath and kitchens. Most units have been renovated and Unit 8 is currently being used as a weekly/weekend rental. Coin laundry facilities on property bringing in extra income. Newer roof and paint, and 2020 water softner installed for entire building. Private beach access directly across the street with wonderful breezes and beautiful sunrises! Flood insurance is NOT required on this property. All information is deemed reliable however not guaranteed.

More Information MLS# 1085310

Location, Tax, and Legal

Country: US Parcel Number: 3241-02-00-0020 Tax Annual Amount: 7684 Tax Year: 2020 Tax Legal Description: LOTS 1 & 2 KNOLLWOOD BEACH IN KINGSTON PARK MB 23 PG 13 & S 150 FT OF N 186 FT OF LOT 7 E OF OS BLVD & OCEAN RTS KINGSTON PK MB 15 PG 55 PER OR 2232 PG 0706 PER OR 6448 PG 3154 PER OR 6461 PG 4806 PER OR 6673 PG 4724 PER OR 7831 PG 0870

Currently Not Used

Bedrooms Total: 14 Living Area Source: Appraiser Building Area Total: 4728 Year Built: 1953 New Construction YN: No Carport YN: No Pool Private YN: No

View

Ocean: 1

General Property Information

Lot Size Acres: 1.04 Lot Size Dimensions: 45198 Living Area: 4728 Number Of Units Total: 14 Association YN: Yes Association Fee 2: 0 Directions: Ocean Shore N to 1896 on Left Public Remarks: Multi Family with direct oceanfront and beach access. This 14 unit complex has 2 - 1 bedroom apartments and 12 efficiencies. All with full bath and kitchens. Most units have been renovated and Unit 8 is currently being used as a weekly/weekend rental. Coin laundry facilities on property bringing in extra income. Newer roof and paint, and 2020 water softner installed for entire building. Private beach access directly across the street with wonderful breezes and beautiful sunrises! Flood insurance is NOT required on this property. All information is deemed reliable however not guaranteed. Water Body Access YN: No List Price/SqFt: 370.14 Sold Price/SqFt: 311.97 Bedrooms Total: 14 Year Built: 1953

Status Change Information

Contingent Date: 2021-06-23 Major Change Timestamp: 2021-07-03T16:05:48Z Major Change Type: Status Change Purchase Contract Date: 2021-06-23 Close Date: 2021-07-02 Close Price: 1475000

Construction Materials

Block: 1 Concrete: 1

Cooling

Multi Units: 1 Wall/Window Unit(s): 1

Current Use

Multi-Family: 1

Electric

Underground: 1

Exterior Features

Other: 1

Income and Expenses

Gross Income: 13775 Gross Scheduled Income: 165300

Lot Features

Corner Lot: 1 Other: 1

Owner Pays

Cable TV: 1 Electricity: 1 Exterior Maintenance: 1 Grounds Care: 1 Insurance: 1 Pest Control: 1 Security: 1 Taxes: 1 Trash Collection: 1 Water: 1

Parking Features

Guest: 1 Parking Lot: 1

Roof

Shingle: 1

Sewer

Septic Tank: 1

Unit 1 Details

Unit ID: 12 Actual Rent: 1000 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 2

Unit 2 Details

Unit ID: 5 Actual Rent: 1000 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 2

Unit 3 Details

Unit ID: 6 Actual Rent: 1000 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 2

Unit 4 Details

Unit ID: 8 Actual Rent: 1000 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 2

Unit 5 Details

Unit ID: 11 Actual Rent: 1050 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 2

Unit 6 Details

Unit ID: 4 Actual Rent: 1050 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 2

Unit 7 Details

Unit ID: 7 Actual Rent: 1050 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Description: Efficiency, Parking Spaces: 2

Unit 8 Details

Unit ID: 14 Actual Rent: 1150 Beds Total: 1 Full Baths Total: 1 Furnished: Unfurnished Unit Remarks: Parking Spaces: 2

Water Source

Well: 1

Waterfront Features

Ocean Front: 1

Historical Information

Public Historical Remarks 1: Unit ID: 15, Full Baths: 1, Actual Rent: 1150.00, Furnished: Unfurnished, Description: 1, Parking Spaces: 2; Unit ID: 3, Full Baths: 1, Actual Rent: 750.00, Furnished: Unfurnished, Description: Efficiency, Parking Spaces: 2; Unit ID: 9, Full Baths: 1, Actual Rent: 825.00, Furnished: Unfurnished, Description: Efficiency, Parking Spaces: 2; Unit ID: 1, Full Baths: 1, Actual Rent: 850.00, Furnished: Unfurnished, Description: Efficiency, Parking Spaces: 2; Unit ID: 10, Full Baths: 1, Actual Rent: 950.00, Furnished: Unfurnished, Description: Efficiency, Parking Spaces: 2; Unit ID: 2, Full Baths: 1, Actual Rent: 950.00, Furnished: Unfurnished, Description: Efficiency, Parking Spaces: 2; Financial Info: Other Annual Inc: 3000; Property Name: Ocean Shore Apartments; Road Frontage: 134; Depth: 200; Water: Water Treatment - Owned; Franchise Opt In: Yes

Contract Information

Current Price: $1,475,000 Sold Price: $1,475,000 Status: Closed Listing Contract Date: 2021-06-19 Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 1896 Street Name: Ocean Shore Street Suffix: Boulevard County: Volusia State: FL Postal Code: 32176 Subdivision Name: Not In Subdivision MLS Area Major: 17 - Ormond Beach Peninsula N of 40

Property Features

Construction Materials: Block; Concrete Cooling: Multi Units; Wall/Window Unit(s) Current Use: Multi-Family Electric: Underground Exterior Features: Other Lot Features: Corner Lot; Other Owner Pays: Cable TV; Electricity; Exterior Maintenance; Grounds Care; Insurance; Pest Control; Security; Taxes; Trash Collection; Water Parking Features: Guest; Parking Lot Roof: Shingle Sewer: Septic Tank View: Ocean Water Source: Well Waterfront Features: Ocean Front
Listing Office: Collado Real Estate
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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