Ormond By The Sea | 2040 Ocean Shore Blvd
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Ormond By The Sea 2040 Ocean Shore Blvd
10 Unit Block of Flats £1,964,610 (£196,461/Unit) Ormond Beach, FL 32176
Investment Highlights
- Proximity Daytona Beach, FL, one of the fastest-growing cities in Florida rapidly expanding at 3.39% annually.
- Daytona International Speedway - Less than 30 minutes away. (14 miles)
- Walking Distance to Michael Crotty Bicentennial Park
- Daytona Beach International Airport - Less than 30 minutes away. (14 miles)
- Downtown Daytona Beach - 20 mintues (10miles)
Executive Summary
Investment Opportunity: 10-Unit Multifamily/Motel in Ormond Beach
Discover a rare opportunity in Ormond Beach with this 10-unit multifamily/motel property. Situated in an area allowing for 22 luxury beachfront condominiums, this oceanfront property offers unique potential at an attractive price point.
Key Features:
Prime Location: Close to Ormond Beach's sandy shores, this property is well-positioned for future development.
Development Potential: Zoning permits the construction of multifamily, making this property a lucrative investment.
Oceanfront Access: Enjoy direct access to the beach and stunning ocean views from every unit.
Investment Potential: With demand for upscale beachfront properties rising, this property offers a promising investment opportunity.
Current Cashflow: Throughout the redevelopment, you can count on current cashflow of the existing property through phase 1.
Investment Highlights:
Growing Market: Ormond Beach is showing potential for growth, making this property a strategic investment.
Versatile Usage: Whether as a rental property or for redevelopment, this property offers diverse revenue streams.
Proven Success: With a history as a rental property, this property has a solid foundation for future success.
Seize this unique opportunity to invest in Ormond Beach's future. Contact us today for more information.
Discover a rare opportunity in Ormond Beach with this 10-unit multifamily/motel property. Situated in an area allowing for 22 luxury beachfront condominiums, this oceanfront property offers unique potential at an attractive price point.
Key Features:
Prime Location: Close to Ormond Beach's sandy shores, this property is well-positioned for future development.
Development Potential: Zoning permits the construction of multifamily, making this property a lucrative investment.
Oceanfront Access: Enjoy direct access to the beach and stunning ocean views from every unit.
Investment Potential: With demand for upscale beachfront properties rising, this property offers a promising investment opportunity.
Current Cashflow: Throughout the redevelopment, you can count on current cashflow of the existing property through phase 1.
Investment Highlights:
Growing Market: Ormond Beach is showing potential for growth, making this property a strategic investment.
Versatile Usage: Whether as a rental property or for redevelopment, this property offers diverse revenue streams.
Proven Success: With a history as a rental property, this property has a solid foundation for future success.
Seize this unique opportunity to invest in Ormond Beach's future. Contact us today for more information.
Data Room Click Here to Access
Property Facts
Unit Amenities
- Air Conditioning
- Kitchen
- Tub/Shower
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PROPERTY TAXES
| Parcel Number | 3227-03-01-0100 | Improvements Assessment | £377,943 |
| Land Assessment | £316,981 | Total Assessment | £694,924 |
PROPERTY TAXES
Parcel Number
3227-03-01-0100
Land Assessment
£316,981
Improvements Assessment
£377,943
Total Assessment
£694,924
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Vladi Klurman -
KPI International Realty
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Ormond By The Sea | 2040 Ocean Shore Blvd
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