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Ocean Shore Apartments - Availability Details

1896 Ocean Shore Blvd, Ormond Beach, FL 32176

  • For Sale $1,275,000
  • City Ormond Beach
  • Neighborhood Ormond-by-the-Sea
  • Zip Code 32176
  • Market North Central Florida
  • Property Type Multi-Family
  • Property Size 4,728 Sqft
  • Lot Size 1.04 Acre
  • Year Built 1953
  • Year Renovated 2012
  • Date Updated 12 May, 2021
Just north of Daytona Beach along Florida’s Atlantic Coast, Ormond Beach offers a first-class resort experience without sacrificing its small-town grace. One of its earliest settlers was millionaire John. D. Rockefeller, and Ormond Beach still provides visitors with elegant relaxation – though, now, it also allows easy access to busier nearby destinations such as next-door neighbor Daytona Beach or, just more than an hour away, Orlando. Bordered by the Tomoka River on the west, the Atlantic Ocean on the east, Ormond Beach is an ideal location for a myriad of water activities. Visitors can also enjoy a variety of cultural and recreational events offered throughout the year – and the pleasures of its historic downtown along Granada Boulevard.
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Contacts

broker

Joe LaFleur

100Units.com

(407) 504-1728

Highlights

  • Deeded Beach with Access
  • Year 1 Scheduled Income $188,400
  • Year 1 Cap Rate 9.94%
  • Year 1 Cash-on-Cash 19.37%
  • Concrete Block Construction
  • Onsite Laundry
  • Ample Parking
  • History of High Occupancy
  • Potential for Air BnB

Attachments

Contact Listing Broker

broker

Joe LaFleur

100Units.com

(407) 504-1728

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