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$399,000

Est. payment - /mo

2 Beds

3 Baths

72,963 SqFt

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 72,963 sqft

Price per Sqft $5

MLS Listing ID 1231431

Style Contemporary

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Fees $960/mo

HOA Y/N Yes

Year Built 1985

Annual Tax Amount $7,271

Lot Size 1 Sqft

Acres 1.68

Property Sub-Type Condominium

Source Daytona Beach Area Association of REALTORS®

Property Description

PROVEN AIRBNB — RARE INCOME OPPORTUNITY ON THE NO-DRIVE BEACH Top floor, south-facing, with better than 250 degrees of view. Ocean on one side, city lights on the other, and sun through the open layout all day long. The kitchen is built for people who actually cook — grey cabinetry, stainless appliances, and a granite breakfast bar with room to sit and talk while dinner happens. Two bedrooms, two and a half baths. Room to host and room to disappear. Most of this coastline won't let you rent short-term. This one does, and it already has. Live in it, rent it, or let it pay for itself between visits. Income detail in supplemental remarks. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all measurements, rental figures, association rules, and short-term rental permissions independently. The short-term rental approval is the asset here. Along this stretch of Ormond and Daytona, the overwhelming majority of oceanfront buildings prohibit it outright or cap minimum stays at thirty days. That restriction is what separates a condo you visit from a condo that produces. This one produces. This unit is currently under professional short-term rental management and performing. That history transfers with the sale — the buyer steps into an established, operating listing rather than building one from zero. What drives revenue on this coast is event weeks, and they run most of the year — Bike Week, the 500, Jeep Beach, Rockville, Biketoberfest, Turkey Run. Those weekends price at multiples of a normal night, and a top-floor two-bedroom with this view competes at the top of the market for every one of them. Summer carries the rest. Two bedrooms and two and a half baths matters more than it sounds. Most short-term inventory in these buildings is one-bedroom, which caps you at a couple. Two separate bedrooms and a half bath for guests opens you to families and to two couples splitting a trip — a materially larger and better-paying pool of travelers. The buyer who gets the most out of this is the one who doesn't want a second job. Management is in place and can continue uninterrupted from closing. Agents: contact listing agent for income figures and management options. All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all measurements, rental figures, association rules, and short-term rental permissions independently.

Location

State FL

County Volusia

Area 18 - Ormond-By-The-Sea

Direction ''' From Granada Blvd, north on A1A approximately 1.5 miles to 1513 Ocean Shore Blvd, The Ormondy, on the right.

Region Ormond Beach

City Region Ormond Beach

Rooms

Primary Bedroom Level One

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Elevator, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate, Tile

Appliance Washer, Refrigerator, Microwave, Electric Water Heater, Electric Oven, Dryer, Disposal, Dishwasher

Heat Source Central, Electric

Laundry In Unit

Exterior

Parking Features Assigned, Garage Door Opener, Secured, Underground

Garage Spaces 1.0

Fence Back Yard, Block

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Amenities Available Clubhouse, Elevator(s), Management - Off Site, Pool, Trash, Water

Waterfront Description Deeded Beach Access,Ocean Access,Ocean Front,Seawall

View Y/N Yes

Water Access Desc Deeded Beach Access,Ocean Access,Ocean Front,Seawall

View City, Beach, Ocean, Pool, River

Roof Type Concrete

Road Frontage State Road

Total Parking Spaces 1

Garage Yes

Building

Faces Southeast

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 11

Structure Type Concrete,Stucco

New Construction No

Others

Pets Allowed Call

HOA Fee Include 960.0

Tax ID 32342600011C

Security Features Closed Circuit Camera(s),Secured Lobby,Security Fence,Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed Call

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Listed by Charlie Stout • Ted Rugg & Associates LLC

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Learn More About LPT Realty

Robyn Stahl

+1(386) 681-7206

1513 Ocean Shore BLVD Ormond Beach, FL 32176