tomo logo

$1,100,000

Beds
3
Baths
2.0
sq ft
2,107

864 S Beach St, Ormond Beach, FL 32174

864 S Beach St

Ormond Beach, FL 32174

  • 270 days on market
Opportunity awaits. Nearly an acre of land situated on S. Beach St. in Ormond Beach Florida. Offering panoramic views of the intercoastal waterway. Two single-family lots were combined to form one large oversize lot, allowing for many possibilities such as an additional garage, Inlaw home or complete knock down and rebuild of your dream home! The current concrete block home is in fantastic condition with new roof, replacement windows, new travertine pool deck and gorgeous solar heated saltwater pool. Inside you will appreciate the updated bathrooms and tile floors throughout. Entertaining will be easy with the open concept and multiple doorways to the screened lanai and pool area. The side entry oversized car garage (648 sq/ft) is large enough to house two large trucks or SUV. Beautiful, lush, native landscaping and massive oak trees create a park-like setting on this expensive property. Enjoy neighboring Riviera park, or launch your boat at nearby Smokey Yunick park.

Details

Property type

Single Family Residence

Est. home value

$1,000,834

Lot size

0.81 acres

Price per sq ft

$523

Year built

1976

Annual property taxes

$11,866.39

Price History

02/23/2024
Daytona

Daytona #1119985

Listed
$1,100,000
+113.59%
01/28/2016
Daytona

Daytona #1010312

Sold
$515,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$756,802
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$255,198
Cash to seller
$756,802

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

Seller’s Loan History

Lender

Wilmington Finance Inc

Loan start date

March 2007

Original loan amount

$400,000

Est. remaining balance

$255,198

Interest rate

6.28%

Loan type

Not Provided, 30 year

Seller

Charlotte B Bisbee

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?

Similar Homes Nearby

Price drop
Daytona
$1,049,000
5 bd
|
4 ba
|
2,679 sq ft
|
House

420 S Beach St, Ormond Beach, FL 32174

Price drop
Daytona
$940,000
4 bd
|
5 ba
|
3,911 sq ft
|
House

1608 N Halifax Ave, Daytona Beach, FL 32118

Status: Active

Tomo last checked: 11/19/2024 at 12:25 PM

Listing updated: 11/13/2024 at 9:53 AM

Listed by: Eric Zimmerman, Adams, Cameron & Co., Realtors

MLS: Daytona #1119985

Daytona logo

Recently listed in Ormond Beach