450 TOMOKA, Ormond Beach, FL 32174
Tomoka Estates · Volusia County
Key Facts
Description
Solid block 16-plex in the heart of Ormond Beach. 100% occupied and close to shopping, restaurants, and 5 minutes from the beach but in a quiet residential area. Located on the SW corner of Tomoka Avenue & Orchard, just a block south of Granada. Ample parking but with plenty of shade trees. If you are looking for a good multi-unit investment property in a great area with tremendous potential for appreciation and rent growth, this is it. The owner has just approved 3 new compressors and 2 new air handlers for better a/c performance. The rental market has never been better, so grab the gold ring before it passes you by. Financial information available. CASH ONLY. **All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1974
Living Area
14,274 sq ft
Lot Dimensions
22800
Parking Spaces
30
Days on Market
179
MLS® Listing#
1000942
Property Features
Appliances
Cooling
Heating
Parking
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$8,207
Tax year 2014
Parcel Number
4241-01-15-0080
Directions
From US1, West on Granada, South on Orchard, property is on the corner of Tomoka and Orchard.
Affordability Calculator
$179,980
Estimated monthly payment
$4,790/mo
Principal $719,920 · Est. interest $1,004,352 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ormond Beach, FL
- $502,860
- Median Listing Price
- 113
- Median Days on Market
- 1,422
- Median Sq Ft
- $381
- Median Price / Sq Ft
- 27,875
- Active Listings
- This home’s price is 79% above the area median.
- Its price per sq ft is 83% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ormond Beach, FL.
Location
- 450 TOMOKA, Ormond Beach, FL 32174
Points of Interest in Ormond Beach, FL
Showing the Ormond Beach area map.
Nearby Schools
Pace Center for Girls
Secondary · 0.5 mi away
Bet Sefer Heritage School
Secondary · 0.6 mi away
Children's House
School · 0.6 mi away
Kid City USA
School · 0.7 mi away
Ormond Beach Elementary School
Elementary · 0.7 mi away
Montessori Global
Elementary · 0.8 mi away
Ormond Beach Union Learning Center
School · 0.9 mi away
Tomoka Elementary
Elementary · 1.4 mi away
Two by Two Preschool
School · 1.4 mi away
Temple Beth-Elementary School
Elementary · 1.5 mi away
St. James Episcopal Church
School · 1.5 mi away
Grace Academy
School · 1.6 mi away
Osceola Elementary School
Elementary · 1.8 mi away
Noah's Ark Pre-School
School · 2.1 mi away
Ormond Beach Middle School
Secondary · 2.1 mi away
Holly Hill School
Elementary · 2.2 mi away
Seabreeze High School
Secondary · 2.4 mi away
Holly Hill Head Start
School · 2.5 mi away
Walter A Hurst Elementary School
Elementary · 2.6 mi away
Trinity Lutheran Church
School · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 229 Gazetta Way, West Palm Beach, FL | $760,000 | 45 | 3 | 3,098 |
Moving Cost Estimate
EXIT Agents in Ormond Beach
Listing Courtesy: Arthur Kowitz Realty - 3866773913
Presented by: Michael McGuire
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.