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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

Overview

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.

Listing Details MLS# 1085310

General Property Information

Number Of Units Total
14
Bedrooms Total
14
Living Area
4728
Year Built
1953
Lot Size Acres
1.04
Lot Size Dimensions
45198
Association YN
Yes
Water Body Access YN
No
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.
Association Fee 2
0
List Price/SqFt
370.14
Sold Price/SqFt
311.97

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

Contract Information

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

Status Change Information

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

Income and Expenses

Gross Income
13775
Gross Scheduled Income
165300

More Information

Unit 1 Details

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

Unit 2 Details

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

Unit 3 Details

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

Unit 4 Details

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

Unit 5 Details

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

Unit 6 Details

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

Unit 7 Details

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

Unit 8 Details

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

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

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
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Multi Units
Yes
Wall/Window Unit(s)
Yes

Current Use

Multi-Family
Yes

Electric

Underground
Yes

Exterior Features

Other
Yes

Lot Features

Corner Lot
Yes
Other
Yes

Owner Pays

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

Parking Features

Guest
Yes
Parking Lot
Yes

Roof

Shingle
Yes

Sewer

Septic Tank
Yes

Water Source

Well
Yes

Waterfront Features

Ocean Front
Yes
Listing Office: Collado Real Estate
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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