Residential Property - Condominium in Ormond Beach
Listing Price: $432,000 (Mortgage Calculator →)Cumulative Days on Market: 247
Description of Property
GREAT INVESTMENT. Spectacular Oceanfront Penthouse in Ormond Beach – Prime Investment Opportunity Ideally located in the highly desirable Indies House Condominium, directly across from the stunning East Coast shoreline, this exceptional penthouse offers the perfect blend of lifestyle and income potential. This building stands out as one of the few in the area that allows short-term rentals, making it a rare and highly sought-after investment. Units consistently generate strong income due to year-round demand from visitors across the U.S. seeking a true “endless summer” beach experience. This fully remodeled oceanfront penthouse features direct beach access, impact windows, and modern finishes throughout, providing both comfort and peace of mind. The building has undergone extensive recent upgrades, including a new roof, elevators, concrete restoration, and a beautifully renovated pool. All special assessments have been fully paid by the current owner, offering a turnkey advantage for the next buyer. A rare opportunity to own a high-performing income property in one of Florida’s most desirable coastal destinations, within an impeccably maintained oceanfront community. Weekly rental rates range between $1,200 and $1,500 weekly. During peak season, they range between $2,000 and $2,500 weekly. NO RENTAL RESTRICTIONS
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,013
Garage: No
Carport: Yes1 vehicles
Community Pool: Yes
Water Frontage: Beach
Water Access: Beach - Access Deeded
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Ormond Beach
County: Volusia
Subdivision: Indies House Condo
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 1,013
Sq. Ft. Living Area: 1,013
Cost per (heated) sqare foot: $426
Year built: 1981
Annual Tax: $4,963
HOA Fee: $825 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Refrigerator
Flooring: Engineered Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Beach
Water Access: Yes
Water Access Type: Beach - Access Deeded
Exterior & Construction
Construction: Block
Foundation: Concrete Perimeter
Roof: Concrete
Exterior Features: Sliding Doors
Carport: Yes
Carport Spaces: 1
Floors Total: 4
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Community Features: Pool
Lot Information
Lot Size (acres): 1.77
Lot Size (sq. ft.): 76,973 square feet
Front Exposure: Northeast
Legal Description & Other Information
Financing Available: Other
Parcel Number: 323423005030
Zoning: X
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: UNIT P-3 THE INDIES HOUSE CONDO PER OR 2312 PG 1869 & MB 38 PGS 76-83 PER OR 5193 PG 3663 PER OR 7727 PG 4926 PER OR 8713 PG 1884 PER OR 8722 PG 1515
Section: 34
Range: 32
Listing courtesy of BELHOUSE REAL ESTATE, LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.