tomo logo

$520,000

Beds
2
Baths
2.0
sq ft
1,495

1513 Ocean Shore Blvd Unit 7B, Ormond Beach, FL 32176

1513 Ocean Shore Blvd Unit 7B

ORMOND BEACH, FL 32176

  • 317 days on market
    • Price drop $15,000↓
Remodeled, fully furnished ocean view condo allows short-term rentals and includes a special incentive: the seller will prepay one year of association fees for the new owner! This 7th-floor unit offers breathtaking river and ocean views from the extended lanai and an open floor plan that highlights vistas from every angle. Enjoy elegant vinyl plank flooring throughout, a remodeled kitchen with quartz countertops, stainless steel appliances, and shaker-style cabinets, all set in a beach-inspired ambiance. Featuring two spacious bedrooms and two bathrooms, this condo provides ample space for both family living and investment opportunities. Coastal furnishings and décor enhance the inviting atmosphere, while in-unit laundry and oversized walk-in closets add practical convenience. Residents benefit from premium amenities including an 11th-floor social room with a full kitchen and panoramic views, an oceanfront pool, shuffleboard, and private beach access. Recent upgrades—vinyl plank flooring, impact-resistant sliders, and a new HVAC system—ensure modern comfort and low maintenance. For showing instructions and condo documents (including the reserve study), please refer to the agent remarks and attachments. Welcome to the Ormondy Condo—coastal living at its finest

Details

Property type

Condominium

Est. home value

$488,091

Lot size

Unknown

Price per sq ft

$348

Year built

1985

Annual property taxes

$6,042.28

HOA

Yes

Price History

12/10/2024
StellarMLS

StellarMLS #V4936335

Price change
$520,000
-2.8%
07/31/2024
StellarMLS

StellarMLS #V4936335

Price change
$535,000
-2.55%
05/20/2024
StellarMLS

StellarMLS #V4936335

Listed
$549,000
+83%

Schools & Community

Neighborhood: 

Ormond-by-the-Sea

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$275,699
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$202,701
Cash to seller
$275,699

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

August 2020

Original loan amount

$225,000

Est. remaining balance

$202,701

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Connor D Dressler and Judith Lamprey

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 4:20 AM

Listing updated: 03/27/2025 at 1:05 PM

Listed by: Hilary Deininger, PLLC, KELLER WILLIAMS RLTY FL. PARTN Phone #: (386) 944-2800

MLS: StellarMLS #V4936335

StellarMLS logo

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