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2040 Ocean Shore Boulevard, Ormond Beach, FL 32176

$1,050,000
Property Type: Residential Income Bedrooms: 13 Square Footage: 5,072 Lot Size (sq. ft.): 44,867 Status: Closed
Current Price: $1,050,000 List Date: 12/29/2020 Last Modified: 9/23/2024

Overview

Description

Look no further than this amazing Motel, situated just across the road from the beach on the A1A in Ormond. This is an amazing investment, the motel features 13 rooms and an office. The property is over 1 acre and has plenty of potential as zoning allows for greater opportunities. The motel features its own beach access. Units currently leasing for long term occupancy. Priced to sell, dont wait for this amazing opportunity to pass by, INQUIRE TODAY!

Listing Details MLS# 1078959

General Property Information

Number Of Units Total
13
Bedrooms Total
13
Living Area
3548
Year Built
1951
Lot Size Acres
1.03
Lot Size Dimensions
45000
Association YN
Yes
Water Body Access YN
No
Directions
Granada Blvd (SR40) left on Ocean Shore Blvd (A1A) going North for 4 miles, motel on left. of street.
Public Remarks
Look no further than this amazing Motel, situated just across the road from the beach on the A1A in Ormond. This is an amazing investment, the motel features 13 rooms and an office. The property is over 1 acre and has plenty of potential as zoning allows for greater opportunities. The motel features its own beach access. Units currently leasing for long term occupancy. Priced to sell, dont wait for this amazing opportunity to pass by, INQUIRE TODAY!
List Price/SqFt
366.12
Sold Price/SqFt
295.94
Association Fee 2
0

Property Features

Construction Materials: Block; Concrete Cooling: Wall/Window Unit(s) Current Use: Multi-Family Parking Features: Parking Lot Roof: Shingle Sewer: Septic Tank View: Ocean Water Source: Public Waterfront Features: Ocean Front

Contract Information

Listing Contract Date
2020-12-28
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
2040
Street Name
Ocean Shore
Street Suffix
Boulevard
County
Volusia
State
FL
Postal Code
32176
Subdivision Name
Ocean Crest
MLS Area Major
18 - Ormond-By-The-Sea

Status Change Information

Major Change Timestamp
2021-05-06T18:07:31Z
Major Change Type
Status Change
Contingent Date
2021-02-15
Purchase Contract Date
2021-02-15
Close Date
2021-05-06
Close Price
1050000

Historical Information

Public Historical Remarks 1
Road Frontage: 215; Franchise Opt In: Yes

More Information

Location, Tax, and Legal

Country
US
Parcel Number
3227-03-01-0100
Tax Annual Amount
12580
Tax Year
2019
Tax Legal Description
27 13 32 N 200 FT W OF OS BLVD & E OF E/L OCEAN CREST RESUB MB 19 PG 129 BEING 226.1 FT ON N/L & 180 FT OF S/L & SHORE RTS OF LOT 2 COLONIAL REALTY CO SUB MB 6 PG 18 PER OR 2017 PG 1438 PER OR 5932 PGS 2827-2830 INC PER OR 5936 PG 3975 PER OR 7453 PG 3385

Currently Not Used

Bedrooms Total
13
Living Area Source
Appraiser
Building Area Total
5072
Year Built
1951
Carport YN
No
Pool Private YN
No

View

Ocean
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Multi-Family
Yes

Parking Features

Parking Lot
Yes

Roof

Shingle
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Waterfront Features

Ocean Front
Yes
Listing Office: Matok Realty & Management Inc
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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