502 S Beach Street, Ormond Beach, FL 32174 (MLS# 1110702)

502 S Beach Street, Ormond Beach, FL 32174

$1,700,000

Virtual Tour

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Property Type: Residential Bedrooms: 11 Baths: 12 Square Footage: 9,819 Lot Size (sq. ft.): 70,567 Status: Closed

Current Price: $1,700,000 List Date: 6/21/2023 Last Modified: 9/21/2024

Overview

Description

Indulge in this rare opportunity to own a circa 1909 era mansion/estate situated on nearly 2 acres of riverfront land with a brand-new dock and boat lift! This estate features 8 cottages behind the main house as a quaint village on its breathtaking grounds. The historic mansion/estate has been maintained with a true pride of ownership to preserve its timeless charm. Unique interior features such as a sunken living room, elevator, bedroom en-suites and much more! There is a private drive to the north of the main house that leads to an oversized garage/barn with a private entrance to the home. This property is a CASH COW! The 8 apartments and 5 self storage bays bring in substantial and consistent income. You can reside in the main house while having great cashflow in your very own backyard

Listing Details MLS# 1110702

General Property Information

Bedrooms Total: 11
Bathrooms Full: 12
Bathrooms Total: 12
Living Area: 7627
Year Built: 1908
Lot Size Acres: 1.62
Lot Size Dimensions: 161x414
Association YN: No
Water Body Access YN: No
Homestead YN: No
Direction Faces: East
Directions: From Granada, turn right to go south on Beach st
Public Remarks: Indulge in this rare opportunity to own a circa 1909 era mansion/estate situated on nearly 2 acres of riverfront land with a brand-new dock and boat lift! This estate features 8 cottages behind the main house as a quaint village on its breathtaking grounds. The historic mansion/estate has been maintained with a true pride of ownership to preserve its timeless charm. Unique interior features such as a sunken living room, elevator, bedroom en-suites and much more! There is a private drive to the north of the main house that leads to an oversized garage/barn with a private entrance to the home. This property is a CASH COW! The 8 apartments and 5 self storage bays bring in substantial and consistent income. You can reside in the main house while having great cashflow in your very own backyard
List Price/SqFt: 262.23
Sold Price/SqFt: 222.89

Property Features

Lock Box Type: Supra Levels: Two Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Fireplace Features: Other Interior Features: Elevator; In-Law Floorplan Flooring: Carpet; Tile; Wood Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Other Structures: Workshop Exterior Features: Dock Patio And Porch Features: Patio; Porch Spa Features: Above Ground Roof: Shingle Parking Features: Attached; Detached; RV Access/Parking Pets Allowed: Cats OK; Dogs OK; Yes View: Intracoastal; River Waterfront Features: Intracoastal; River Front Room Types: Bedroom 1; Kitchen

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2023-06-21

Location Tax and Legal

Street Number: 502
Street Direction Prefix: S
Street Name: Beach
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32174
MLS Area Major: 41 - LPGA to Granada, E of Nova
Subdivision Name: Not In Subdivision

Status Change Information

Major Change Timestamp: 2023-09-18T16:09:17Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-26
Close Date: 2023-09-18
Close Price: 1700000

Historical Information

Public Historical Remarks 1: Occupancy: Owner, Tenant; Acreage: 1 - 5; Inside: 1 Bedroom Down, Inside Laundry, Sunken Living Room; Miscellaneous: Elevators, In-Law Suite, Workshop; Parking: Oversized; SqFt - Total: 9819.00; Dispute Res: Yes; Franchise Opt In: Yes

More Information

Room Types

Bedroom 1 Level: U
Kitchen Level: M
Bedroom 1: Yes
Kitchen: Yes

Currently Not Used

Bedrooms Total: 11
Bathrooms Full: 12
Bathrooms Half: 0
Bathrooms Total: 12
Living Area Source: Appraiser
Building Area Total: 9819
Year Built: 1908
Garage YN: Yes
Carport YN: No
Pool Private YN: No

Location, Tax, and Legal

Country: US
Parcel Number: 4222-19-04-0010
Tax Annual Amount: 17012
Tax Year: 2022
Tax Legal Description: E 392.4 FT ON N/L & 435.7 FT ON S/L OF THAT PART OF S 52.5FT OF LOT 3 W OF BEACH ST & N 108.6 FT OF LOT 4 W OF BEACH ST ASSRS MELROSE MB 3 PG 75 & ANY LAND E OF BEACH ST IN FRONT OF SAME & RIP RTS PER OR 2279 PG 1028 PER OR 5523 PG 0382 PER OR 6851 PG 3595 PER OR 6975 PG 0517 PER OR 7937 PG 1252

View

Intracoastal: Yes
River: Yes

Lock Box Type

Supra: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes

Cooling

Central Air: Yes

Exterior Features

Dock: Yes

Fireplace Features

Other: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Heating

Central: Yes

Levels

Two: Yes

Other Structures

Workshop: Yes

Parking Features

Attached: Yes
Detached: Yes
RV Access/Parking: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Spa Features

Above Ground: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
River Front: Yes

Patio And Porch Features

Patio: Yes
Porch: Yes

Interior Features

Elevator: Yes
In-Law Floorplan: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes
Yes: Yes

Room Information

Room Name	Level	Length	Width
Bedroom 1	Upper	19.00	12.00
Kitchen	Main	13.00	11.00

Listing Office: LPT Realty, LLC

Last Updated: September - 21 - 2024

Information deemed reliable but not guaranteed.

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