935 Ocean Shore Blvd #217 · Ormond Beach, FL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Schools +5.1/10.0
- Livability +4.2/5.0
- Condition / age +4.0/5.0
- Rent growth +3.8/5.0
- 1% rule +3.6/10.0
- Cash flow +1.2/30.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$305,000
935 Ocean Shore Blvd #217 · Ormond Beach, FL 32176
1 bd · 1.0 ba · 924 sqft · Condo
· 213 Days on market
Built 1973
$330/sqft
· 22% below area
Est $391k · 22% under
$1200/mo HOA · 46% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Enjoy ocean views from this beautifully updated 1BR/1BA condo in Ormond Beach. This light-filled unit features coastal-inspired finishes, exposed wood beam ceilings, plantation shutters, and beautiful flooring throughout. The kitchen offers stone countertops, subway tile backsplash, stainless appliances, and ample cabinetry. Spacious living area opens to a private balcony overlooking the ocean and pool perfect for relaxing and enjoying the sea breeze. The oversized bedroom provides flexible space for additional sleeping or sitting area. Updated bath includes a walk-in glass shower and modern vanity. Community amenities include oceanfront pool, beach access, and assigned parking.
Key facts
- Stone countertops
- Ample cabinetry
- Stainless appliances
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $305k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-1k ($-15k/yr) — negative.
- To cash-flow at today's rent, offer at most $126k (58.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $262k (14.1% below list).
- Recommended offer: $126k (58.7% below list) — sets the bar for cash-flow.
- Cap rate 1.4% vs local median 3.9% in Ormond Beach — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 83/100 on livability (#55 in FL, #965 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, housing A+, health & safety A+; Watch: commute F.
- Volusia (suburban): math 44% / reading 49% proficiency, ranked #47 of 73 in FL (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Beachside Elementary School (math 57% / reading 52%, grade C, #892 of 2,144 statewide, top 44%, 556 students, 66% FRL); Ormond Beach Middle School (math 57% / reading 55%, grade B-, #175 of 571 statewide, top 31%, 990 students, 48% FRL); Seabreeze High School (math 31% / reading 56%, grade F, #248 of 667 statewide, top 38%, 1,654 students, 41% FRL) — zoned schools at 52% FRL track the district average.
- Market conditions: Rents rising fast (+5.2%/yr); 629 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,402 units permitted in Volusia County in 2024 (681 in 5+ unit buildings).
- This rent runs 40% of the median local income ($78k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- Volusia County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 213 days — a 12% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 46% of rent.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$125,987
(58.7% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 213 days. Have you received any prior offers? Is the seller open to a 59% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.86% ✗
- Cap rate
- 1.43%
- Cash-on-cash
- -17.38%
- DSCR
- 0.23
- GRM
- 9.7
CMA / ARV
- ARV (median comp)
- $391,000
- List price
- $305,000
- Delta
- -21.99%
- Verdict
- UNDERPRICED
- Comps
- 14 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 935 Ocean Shore Blvd #301 | 0.01mi | 1/1.0 | 924 (0%) | 1mo | $241,000 | $261 | 99 |
| 7 River Dr | 0.39mi | 2/2.0 (+1) | 920 (-0%) | 0mo | $350,000 | $380 | 72 |
| 2 Sunny Shore Dr | 0.46mi | 2/1.0 (+1) | 910 (-2%) | 1mo | $364,500 | $401 | 70 |
| 815 Ocean Shore Blvd Unit 3A | 0.16mi | 2/2.5 (+1) | 1,020 (+10%) | 0mo | $315,500 | $309 | 64 |
| 10 Lynnhurst Dr #107 | 0.64mi | 2/1.5 (+1) | 930 (+1%) | 1mo | $150,000 | $161 | 62 |
| 42 Brooks Dr | 0.53mi | 2/2.0 (+1) | 953 (+3%) | 0mo | $330,000 | $346 | 61 |
| 35 Azalea Dr | 1.19mi | 2/1.0 (+1) | 955 (+3%) | 1mo | $299,000 | $313 | 54 |
| 22 Beechwood Dr | 1.16mi | 2/1.0 (+1) | 995 (+8%) | 2mo | $287,000 | $288 | 46 |
| 16 Tropical Dr | 0.58mi | 2/1.5 (+1) | 1,030 (+12%) | 2mo | $335,000 | $325 | 45 |
| 1155 Ocean Shore Blvd #102 | 0.49mi | 2/2.0 (+1) | 1,065 (+15%) | 1mo | $400,000 | $376 | 42 |
| 1275 Ocean Shore Blvd | 0.73mi | 2/2.0 (+1) | 1,013 (+10%) | 0mo | $375,000 | $370 | 40 |
| 39 Margaret Rd | 1.40mi | 2/1.0 (+1) | 784 (-15%) | 1mo | $260,000 | $332 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.22% rent growth · sell at horizon
5-year hold
- IRR
- -45.4%
- Equity multiple
- -0.42×
- Total profit
- $-121,455
- Equity at exit
- $45,476
10-year hold
- IRR
- -52.0%
- Equity multiple
- -1.09×
- Total profit
- $-178,364
- Equity at exit
- $26,371
Cash invested: $85,400 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
ZIP-level market 32176
- Rents YoY
- 5.2%
- Active inventory
- 629
- Price-to-rent
- 9.7×
Monthly cashflow live
↻
- Estimated rent
- $2,621 high interval (Pro) →
- Mortgage (P&I)
- −$1,599
- Tax est. 1.5%
- −$381 /mo · $4,575/yr
- Insurance
- −$127
- HOA
- −$1,200
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$550
- Net cashflow
- $-1,237
Break-even live
Break-even rent
$4,187
Max offer price
$125,987
Occupancy floor
—
Sensitivity live
| Price | -10% $-1,026 | -5% $-1,132 | +0% $-1,237 | +5% $-1,343 | +10% $-1,448 |
|---|---|---|---|---|---|
| Rent | -10% $-1,444 | -5% $-1,341 | +0% $-1,237 | +5% $-1,134 | +10% $-1,030 |
| Rate | -1.0pp $-1,084 | -0.5pp $-1,160 | base $-1,237 | +0.5pp $-1,316 | +1.0pp $-1,397 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $76,250
- Closing costs
- $9,150
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 935 Ocean Shore Blvd Ormond Beach, FL | 1.0 | 1.0 | 924 | $2,400 | $2.60 | 10d | 1 | 0.04mi |
| 815 Ocean Shore Blvd Unit 10B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,700 | $2.65 | 164d | 1 | 0.10mi |
| 815 Ocean Shore Blvd Unit 10B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,700 | $2.65 | 10d | 1 | 0.10mi |
| 815 Ocean Shore Blvd Unit 13A Ormond Beach, FL | 2.0 | 2.5 | 1020 | $3,000 | $2.94 | 164d | 1 | 0.10mi |
| 815 Ocean Shore Blvd Unit 8A Ormond Beach, FL | 2.0 | 2.5 | 1020 | $3,000 | $2.94 | 10d | 1 | 0.10mi |
| 815 Ocean Shore Blvd Unit 5B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,850 | $2.79 | 10d | 1 | 0.10mi |
| 815 Ocean Shore Blvd Unit 12B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,975 | $2.92 | 10d | 1 | 0.10mi |
| 815 Ocean Shore Blvd Ormond Beach, FL | 2.0 | 3.0 | 1020 | $2,800 | $2.75 | 0d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit U1B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $3,200 | $3.14 | 10d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Ormond Beach, FL | 2.0 | 3.0 | 1020 | $3,000 | $2.94 | 51d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Ormond Beach, FL | 2.0 | 3.0 | 1020 | $2,700 | $2.65 | 15d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Ormond Beach, FL | 2.0 | 3.0 | 1020 | $2,800 | $2.75 | 32d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Ormond Beach, FL | 2.0 | 2.0 | 1020 | $2,800 | $2.75 | 50d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 12A Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,900 | $2.84 | 10d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 11 Ormond Beach, FL | 2.0 | 2.0 | 1020 | $3,100 | $3.04 | 10d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 13B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,800 | $2.75 | 164d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 9B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,800 | $2.75 | 107d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 6 Ormond Beach, FL | 2.0 | 2.0 | 1020 | $3,000 | $2.94 | 10d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 9A Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,700 | $2.65 | 51d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 12 Ormond Beach, FL | 2.0 | 2.0 | 1020 | $2,800 | $2.75 | 10d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 13 Ormond Beach, FL | 2.0 | 2.0 | 1020 | $3,200 | $3.14 | 10d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 2 Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,800 | $2.75 | 10d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 2B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,900 | $2.84 | 20d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Apt 5A Ormond Beach, FL | 2.0 | 2.5 | 1020 | $2,850 | $2.79 | 20d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 9 Ormond Beach, FL | 2.0 | 2.0 | 1020 | $2,800 | $2.75 | 20d | 1 | 0.12mi |
| 815 Ocean Shore Blvd Unit 1B Ormond Beach, FL | 2.0 | 2.5 | 1020 | $3,100 | $3.04 | 10d | 1 | 0.12mi |
| 1250 Riverbreeze Blvd Ormond Beach, FL | 2.0 | 1.0 | 1060 | $2,195 | $2.07 | 9d | 1 | 0.40mi |
| 1250 Riverbreeze Blvd Ormond Beach, FL | 2.0 | 1.0 | 1060 | $2,395 | $2.26 | 29d | 1 | 0.40mi |
| 3 River Dr Ormond Beach, FL | 2.0 | 1.0 | 888 | $1,850 | $2.08 | 133d | 1 | 0.42mi |
| 1133 Ocean Shore Blvd #702 Ormond Beach, FL | 2.0 | 2.0 | 1065 | $3,250 | $3.05 | 164d | 1 | 0.48mi |
| 1133 Ocean Shore Blvd Ormond Beach, FL | 2.0 | 2.0 | 1100 | $2,000 | $1.82 | 51d | 1 | 0.48mi |
| 1133 Ocean Shore Blvd Ormond Beach, FL | 2.0 | 2.0 | 1065 | $2,500 | $2.35 | 2d | 1 | 0.48mi |
| 36 Brooks Dr Ormond Beach, FL | 2.0 | 2.0 | 868 | $1,800 | $2.07 | 107d | 1 | 0.55mi |
| 54 River Dr Ormond Beach, FL | 2.0 | 2.0 | 1050 | $2,300 | $2.19 | 51d | 1 | 0.60mi |
| 60 River Dr Ormond Beach, FL | 2.0 | 2.0 | 700 | $1,900 | $2.71 | 160d | 1 | 0.62mi |
| 57 River Dr Ormond Beach, FL | 2.0 | 1.0 | 700 | $1,850 | $2.64 | 10d | 1 | 0.63mi |
| 125 Lynnhurst Dr Ormond Beach, FL | 2.0 | 2.0 | 990 | $2,800 | $2.83 | 10d | 1 | 0.84mi |
| 38 Alamanda Dr Ormond Beach, FL | 2.0 | 1.0 | 848 | $1,495 | $1.76 | 10d | 1 | 1.01mi |
| 1415 Ocean Shore Blvd Ormond Beach, FL | 1.0–2.0 | 1.0–2.0 | 1031 | $1,995 | $1.94 | 123d | 1 | 1.03mi |
| 1415 Ocean Shore Blvd Ormond Beach, FL | 1.0–3.0 | 1.0–3.0 | 1243 | $1,900 | $1.53 | 0d | 5 | 1.03mi |
Property features AI
Finance
- Other
- Heated in-ground pool
- HOA & community
- Homeowners association with monthly feeMonthly association fee: $935Association amenities include elevator(s), pool, and storageAssociation fee covers cable TV, internet, insurance, grounds and structure maintenance, pest control, sewer, trash, and water
Exterior
- Parking
- Assigned parking
- Utilities
- Public waterPublic sewerElectricity connectedCable available and connected
- Home design
- CondominiumResidential propertyFaces northeastEntry on level 24-story building
- Construction
- Block and concrete constructionBlock foundation
- Exterior features
- BalconyPorchOceanfront waterfrontWaterfront viewPaved road access
Interior
- Kitchen
- RefrigeratorMicrowaveElectric Range
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Elevator
- Laundry & utility
- In-unit washerIn-unit dryer
HOA detail $1,200/mo · $14,400/yr condo
- Likely covers
- poolparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $305,000 Active 213 DOM
-
2026-11-07days on market $305,000 Active 212 DOM
-
2026-11-06days on market $305,000 Active 211 DOM
-
2026-11-05days on market $305,000 Active 210 DOM
-
2026-11-04days on market $305,000 Active 209 DOM
-
2026-11-02days on market $305,000 Active 207 DOM
-
2026-11-01days on market $305,000 Active 206 DOM
-
2026-10-31days on market $305,000 Active 205 DOM
-
2026-10-30days on market $305,000 Active 204 DOM
-
2026-10-29days on market $305,000 Active 203 DOM
-
2026-10-28days on market $305,000 Active 202 DOM
-
2026-10-27days on market $305,000 Active 201 DOM
-
2026-10-26days on market $305,000 Active 200 DOM
-
2026-10-26days on market $305,000 Active 199 DOM
-
2026-10-24days on market $305,000 Active 198 DOM
-
2026-10-23days on market $305,000 Active 197 DOM
-
2026-10-22days on market $305,000 Active 196 DOM
-
2026-10-21days on market $305,000 Active 195 DOM
-
2026-10-20days on market $305,000 Active 194 DOM
-
2026-10-19days on market $305,000 Active 193 DOM
-
2026-10-18days on market $305,000 Active 192 DOM
-
2026-10-17days on market $305,000 Active 191 DOM
-
2026-10-16days on market $305,000 Active 190 DOM
-
2026-10-15days on market $305,000 Active 189 DOM
-
2026-10-14days on market $305,000 Active 188 DOM
-
2026-10-13days on market $305,000 Active 187 DOM
-
2026-10-12days on market $305,000 Active 186 DOM
-
2026-10-11days on market $305,000 Active 185 DOM
-
2026-10-10days on market $305,000 Active 184 DOM
-
2026-10-09days on market $305,000 Active 183 DOM
-
2026-10-08days on market $305,000 Active 182 DOM
-
2026-10-07days on market $305,000 Active 181 DOM
-
2026-10-06days on market $305,000 Active 180 DOM
-
2026-10-05days on market $305,000 Active 179 DOM
-
2026-10-05days on market $305,000 Active 178 DOM
-
2026-10-04days on market $305,000 Active 177 DOM
-
2026-10-02days on market $305,000 Active 176 DOM
-
2026-10-01days on market $305,000 Active 175 DOM
-
2026-09-30days on market $305,000 Active 174 DOM
-
2026-09-29days on market $305,000 Active 173 DOM
-
2026-09-28days on market $305,000 Active 172 DOM
-
2026-09-27days on market $305,000 Active 171 DOM
-
2026-09-25days on market $305,000 Active 169 DOM
-
2026-09-24days on market $305,000 Active 168 DOM
-
2026-09-22days on market $305,000 Active 166 DOM
-
2026-09-21days on market $305,000 Active 165 DOM
-
2026-09-20days on market $305,000 Active 164 DOM
-
2026-09-19days on market $305,000 Active 163 DOM
-
2026-09-18days on market $305,000 Active 162 DOM
-
2026-09-17days on market $305,000 Active 161 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,453
- − Mortgage interest
- −$17,085
- − Property taxes
- −$4,575
- − Insurance
- −$1,525
- − Repairs & maintenance
- −$2,516
- − Management
- −$2,516
- − HOA
- −$14,400
- − Depreciation
- −$8,873
- Taxable loss
- −$20,037
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$4,809
- After-tax cash flow
- $-10,037/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
80/100
Cosmetic rehab
Est. rehab $4,620–$13,860 screening
This beautifully updated 1BR/1BA condo in Ormond Beach offers coastal-inspired finishes, ocean views, and community amenities, making it ideal for both resale and rental.
Value-add opportunities
- Both oceanfront pool and beach access — amenities enhance both resale and rental value ↑
- Both landscaping and curb appeal — enhances curb appeal and resale value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
D
Composite school gradezoned avg 51/100
Zoned Schools
Elementary
Beachside Elementary School
C
FL #892/2,144
Nat'l #9,801/41,679
Middle
Ormond Beach Middle School
B-
FL #175/571
Nat'l #2,362/14,009
High
Seabreeze High School
F
FL #248/667
Nat'l #7,376/17,239
Schools (NCES district)
- District
- Volusia
- NCES district ID
- 1201920
- Math proficiency
- 44% ▼ -9.00%
- Reading proficiency
- 49% ▼ -3.00%
- Median HH income
- $42,946
- Composite
- 39.2/100
- National rank
- #4019
- State rank
- #47 of 73 in FL
A
Composite livability gradescore 83/100
Livability — Ormond Beach
- Score
- 83/100
- State rank
- #55
- US rank
- #965
Category grades
Amenities A+
Commute F
Cost of living A
Crime B+
Employment B-
Housing A+
Health & safety A+
User ratings A+
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Ormond Beach, FL
- County
- Volusia County · 572,749 people
- City population
- 69,624
- Metro
- Deltona-Daytona Beach-Ormond Beach, FL
- Population (ZIP)
- 14,841
- Household income
- $78,410
- Rent vs Own
- Severe rent burden
- 24% of renters
Population outlook (Volusia County) Hauer SSP2
- Today (2025)
- 572,749 people
- By 2030
- 598,695 · +4.5%
- By 2040
- 644,880 · +12.6%
- By 2050
- 681,451 · +19.0%
- By 2075
- 759,957 · +32.7%
- By 2100
- 778,902 · +36.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (88%)
- Race & ethnicity
- White 88% Two or more races 5% Hispanic / Latino 5% Black 2% Asian 2%
- Languages at home
- 93% English-only · Spanish 2% Other Indo-European 1% Russian/Polish/Slavic 1%
Political lean MEDSL · Volusia
- 2024 margin
- Strong R (+21.8) · D 38.7% · R 60.5%
- 2008→2024 swing
- -27.4pp toward R · 2008: 5.7pp · 2024: -21.8pp
- All cycles
- 2024: R+21.8 2020: R+14.1 2016: R+13.1 2012: R+1.2 2008: D+5.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -476.64%
- Current HPI
- 319.6419
- Rent YoY
- ▲ 5.22%
- Metro
- Deltona-Daytona Beach-Ormond Beach, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
|
||
| Insurance | 2 | $17B |
|
||
| Retail | 1 | $60B |
|
||
| Technology Distribution | 1 | $58B |
|
||
| Homebuilding | 1 | $35B |
|
||
| Technology Manufacturing | 1 | $35B |
|
||
Price history
1 event — show timeline
- 2026-04-09 Listed $315,000 Daytona MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…