Active

$432,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1013 sq ft
Overview
  • ID: MFRO6393690
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1013 sq ft
Property Details
Remarks
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. During peak season, they range between $2,000 and $2,500 per week. No rental restrictions.
Financial Considerations
Price:
$432,000
HOA Fee:
N/A
Tax Amount:
$4963.42
Price per SqFt:
$426.46
Tax Legal Description:
UNIT P-3 THE INDIES HOUSE CONDO PER OR 2312 PG 1869 & MB 38 PGS 76 TO 83 INC PER OR 5193 PG 3663 PER OR 7727 PG 4926
Exterior Features
Lot Size:
76973
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned
Roof:
Concrete
Pool:
Yes
Pool Features:
Gunite, Indoor, Outside Bath Access
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Convection Oven, Cooktop, Electric Water Heater, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Hardwood
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1981
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    1275 OCEAN SHORE BLVD #P3
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