$479,900
- Beds
- 2
- Baths
- 2.0
- sq ft
- 1,020
1601 Ocean Shore Blvd Unit 1040, Ormond Beach, FL 32176
1601 Ocean Shore Blvd Unit 1040
Ormond Beach, FL 32176
- 91 days on market
Prime Oceanfront Investment Opportunity - High Returns & Endless Views!
This 2-bedroom, 2-bath direct oceanfront condo in one of Ormond By The Sea's most desirable buildings isn't just a dream getaway—it's a smart financial move. With flexible 1-week minimum rentals, you can maximize your earning potential while still enjoying your own beachfront retreat. Unlike other investment properties, you keep ALL of the rental income, giving you full control over your profits.
Turnkey & Hassle-Free: This fully furnished, updated condo is completely turnkey, meaning you can start renting from day one. The HOA includes property management fees, making ownership effortless while ensuring the building remains well-maintained and appealing to renters.
High-Demand Location: Direct oceanfront units in professionally managed, sought-after buildings like this are rare and in constant demand. With a ground-floor location, guests love the easy beach and pool access—a feature that helps command premium rental rates.
Year-Round Income Potential: Whether it's snowbirds in the winter or vacationers in the summer, this property offers steady, year-round rental demand. Plus, with stunning ocean views from both bedrooms, the living room, and dining area, your guests will keep coming backand leaving glowing reviews!
Bonus Perks: Guests (and you!) can enjoy grilling by the pool while watching the waves, and even catch rocket launches from the patioa unique selling point that adds to its rental appeal.
Whether you're looking for a lucrative short-term rental or a second home that pays for itself, this oceanfront condo is an investment you don't want to miss!
Details
Property type
Condominium
Property condition
Updated/Remodeled
Lot size
1.48 acres
Price per sq ft
$471
Year built
1970
Annual property taxes
$4,825
Monthly HOA fee
$950
Price History
01/01/2025

Daytona #1207322
Listed
$479,900
+0.19%
11/01/2024

Daytona #1123140
Removed
$479,000
08/07/2024

Daytona #1123140
Price change
$479,000
-3.97%
Schools & Community
Neighborhood:Â
Ormond-by-the-Sea
Elementary school:Â
Unknown
Middle school:Â
Unknown
High school:Â
Unknown
Similar Homes Nearby

$467,900
2 bd
|
2 ba|
1,013 sq ft|
Condo1275 Ocean Shore Blvd Unit 5060, Ormond Beach, FL 32176
Price drop

$485,000
2 bd
|
2 ba|
1,700 sq ft|
Condo1239 Ocean Shore Blvd Unit 7E5, Ormond Beach, FL 32176

$495,000
2 bd
|
2 ba|
1,484 sq ft|
Condo1513 Ocean Shore Blvd Unit 2B, Ormond Beach, FL 32176
Status: Active
Tomo last checked: 04/02/2025 at 4:15 AM
Listing updated: 03/21/2025 at 8:20 AM
Listed by: Bonnie Karet, Realty Pros Assured
MLS: Daytona #1207322

Recently listed in Ormond Beach
$219,000|2 bd|2.5 ba|Condo
$649,500|3 bd|2.0 ba|House
$359,900|2 bd|2.0 ba|Townhouse
$995,000|5 bd|4.5 ba|House
$525,000|3 bd|2.5 ba|House
$269,000|2 bd|2.0 ba|House
$899,900|3 bd|3.0 ba|House
$825,000|4 bd|3.0 ba|House
$225,000|2 bd|2.0 ba|Condo
$484,999|3 bd|3.0 ba|House
Explore top cities in Florida