Special offer

Ormond Beach, FL Real Estate News

By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
A short sale of a Mariners Bay Townhouse Condo was one of two sales in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors Multiple Listing Service. The townhouse sold for $100,000. The only other sale was a 2nd floor Sunny Beach Club Condo unit that sold for $125,000. February has been a relatively slow month for condo sales in Ormond By The Sea, Florida recently 3 condo sold in 2009, 6 in 2008, zero in 2007 and 1 in 2006. We don't really need any more reminders of what has happened to real estate values but the Sunny Beach Club Condo sale last month at $125,000 compares to the February 2006 sale of a 3rd floor condo unit for $265,000. There was a Mariners Bay Condo that sold in 2006 for $286,000. That Mariners Bay Condo was re-sold in 2008 for $180,000For...
Comments 0
By Caroline Huising
(Huising)
Price: $20,000 FIZBER.com ID 14765776 Acreage/Land with in Roberts St Ormond beach, FL, 32174 http://www.fizber.com/14765776/ Roberts St - For Sale By Owner Property Details: Type: Acreage/Land Address: Roberts St, Ormond beach, FL, 32174 Sq footage: 0.0 Floors: n/a Bathrooms: 0.0 Bedrooms: 0 Year built: 0 View full property details and seller's contacts. View more Florida homes for sale. Homes for Sale by Owner. Description: This oversized, quality lot is located in Ormond beach, Florida near US-1 on Roberts st. This lot is wooded, buildable and neighboring many homes. US-1 is a major road in Ormond beach and leads to I - 95, the main thoroughfare of many cities including Daytona Beach, Jacksonville, as far south as Miami and as far north as Maine. This property is less than 3 miles f...
Comments 1
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Here are some photos of Ormond By The Sea Florida that I have used in the past on the Ocean View Realty Group web sites and Blogs.  I will try to get out and get others to post also. Bicentenial Park is accross the street from the beach and runs from A1A to the river.          Tom Renick Park is on the Ocean in Ormond By The Sea Florida.   World War II watch tower                          A beautiful sunrise in Ormond By The Sea Florida                                        Map of Volusia County Florida showing Ormond By The sea Florida
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Just a reminder about the oldies show comming up soon.Jay Siegel and The Tokens has the top billing for a Solid Gold Doo-Wopp and Rock and Roll concert presented by Richard Nader in Ormond Beach Florida. Perhaps the most widely know hit by Jay Siegel and The Tokens is " The Lion Sleeps Tonight." Special guest performance by Knights to Remember. This special night of oldies will be Friday, March 5, 2010 at 7:30 PM at the Ormond Beach, Florida performing Arts Center. The Ormond Beach Performing Arts Center is a 650-seat facility located at 399 North U.S. 1, Ormond Beach, Florida. For tickets and additional information call 386-676-3375.
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Lower property values for Ormond By the Sea homes and condos make this a great time to buy. Baby Boomers looking to move south for retirement in a few years can buy now and be ready when their time comes, possibly renting in the meantime to help pay the expenses of ownership. Many owners of Ormond By the Sea, Florida homes and condos use their property occasionally as a vacation getaway when it is not rented, providing another benefit to buying now. Low interest rates provide anther incentive to taking the leap into purchasing an Ormond By The Sea, Florida home or condo now. Your mortgage payment could be $200 or more lower each month in your retirement years if you buy now rather than wait a few years when interest rates may be much higher. If you need additional information about bea...
Comments 1
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
There is a coming soon sign at 1228 Ocean Shore Blvd. at the Ormond Mall for China Taste, a take out only Chinese restaurant. Chinese Taste will be a couple of doors down from the hairdresser toward the south end of the mall. We can only hope that the food is good and that they can stay in business longer than the Chinese Buffet that was at the north end of the mall a few years back.
Comments 0
By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
                  Ormond by the Sea Real Estate - Listings - Sales - Foreclosure Report for 2009 As a follow-up to my recent post titled "Ormond by the Sea Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. And for statistical purposes I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales. As indicated in the bar graph, for the city of Ormond Beach, the 2009 real estate Foreclosure Sales and Short Sales were not as high as some other cities in Volusia County. For example, a significant number of the 2009 real estate sales for the city of Dayton...
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The Ormond Mall Publix in Ormond By The Sea, Florida is coming along nicely, in anticipation of an early March 2010 opening. The exterior of the building looks complete and half the parking lot has been refinished. In a quick peek inside, before I was evicted, I saw the check out stations in place and the freezer aisles all ready.   It looks like Ormond by the Sea, Florida will have a big beautiful new Publix store in about a month.
Comments 0
By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
                   Ormond Beach Real Estate - Listings - Sales - Foreclosure Report for 2009 As a follow-up to my recent post titled "Ormond Beach Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. And for statistical purposes I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales. As indicated in the bar graph, for the city of Ormond Beach, the 2009 real estate Foreclosure Sales and Short Sales were not as high as some other cities in Volusia County. For example, a significant number of the 2009 real estate sales for the city of Daytona Beach w...
Comments 2
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ormond By The Sea, Florida has 124 homes for sale through the Daytona Beach area MLS.  An additional 35 homes are under contract awaiting closing and almost 70% of the 35 are short sales or forclosures.  Asking prices of the 124 homes for sale range from $74,500 to $1.7 million.  About half of the homes are priced under $200,000 and 10 are under $100,000.  About 20% of the homes are 2-bedroom 1-bath and they are priced up to $230,000.  Three bedroom homes with 2 baths account for 52 of those for sale and are priced from $75,000.  For information about Ormond By The Sea homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Only one of the 7 January 2010 Ormond By The Sea, Florida homes that sold were bank owned or short sales.  There are 35 additional homes under contract awaiting closing and almost 70% of those are forclosures or short sales.  A short sale is when the lender accepts less than what is owed on the mortgage for a property.  Last January (2009) there were 5 sales, and in January 2007 & 2008 there were 10 homes sold.  The homes sold in Ormond By The Sea, Florida in January 2010 range in price from a 2-bedroom 1-bath on Azalea Drive for $89,900 to a 4-bedroom on Sea Oats Terrace with a pool and ocean view for $450,000.  The average sales price for the 7 sales was $178,743.  The Sea Oats sale was a short sale and added $45,000 to the average sale price for the month.For information about Or...
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
In January 2010 through the Daytona Beach area MLS there were 2 condos that sold in Ormond By The Sea, Florida.  A 1-bedroom at Ocean Shores Condo sold for $50,000 and a 3-bedroom at Oceanaire sold for $250,000.  Since 2006 there have been 4 or fewer sales every January.  There were 13 sales in January, 2005.  There are currently 7 Ormond By The Sea condos under contract awaiting closing.  The Ocean Shores condo was a renovated 3rd floor unit that was on the market 91 days.  The Oceanaire condo was a top floor unit with a large roof deck, storm shutters and a fireplace that was on the market for 327 days.As an example of how values have droopped in recent years, the Oceanaire 3-bedroom that sold has one other just like it that sold in 2005 for $500,000 and again in 2006 for $400,000. Fo...
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
There are 88 condos for sale in Ormond By The Sea, Florida through the Daytona Beach area MLS as of February 1, 2010.  Directly on the ocean within the Ormond Beach city limits (from Ormond By The Sea to Granada Blvd.) there are 7 condos for sale and that number is not included in the 88 Ormond By The Sea total.  The average time on the market for the 7 Ormond Beach condos is 304 days and the average asking price is $268,814. Asking price for the 8 Ormond By The Sea, Florida condos for sale range from $87,500 at the Winchester Manor to $750,000 for a 4-bedroom at the Tiffany.  Forty-seven of the 88 have asking prices of $200.000 or less. Asking prices for 2-bedroom 2-bath condos on the west side of A1A range from $114,900 to $249,900 and both happen to be Kingston Shores units.  The ave...
Comments 4
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Ocean View Realty Group compiled this analysis of Ormond By The Sea Condo sales through the Daytona Beach Area Association of Realtors Multiple Listing Service for the 10 year period of 2000 to 2009. This is the decade in review. Ormond By The Sea Florida Condo sales statistics for the past decade.   Three new condominium buildings opened in the decade, Barrier Island at 3000 Ocean Shore Blvd. opened in 2000, the Ocean Shore Condo at 1075 Ocean Shore Blvd. opened in 2002, and the Capriana at 1425 Ocean Shore Blvd opened in 2006.  If average sales prices increased 5% each year from 2000 to 2009 the average sale price in 2009 would be $152,409 for a 2 bedroom 2 bath condo on the west side of A1A in Ormond By The Sea, Florida. Take a peek at the 10 year chart below to get the real picture ...
Comments 0
By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
              Ormond-by-the-Sea Real Estate Market Reports - Listings and Sales 2000-2009 Ormond-by-the-Sea Real Estate Sellers: I believe you'll appreciate this compilation of real estate data, which can help you see the big picture when it comes to selling your Ormond by-the Sea house, condo, townhouse, vacant land, or any type of investment property. It's not just about how much your neighbors are asking for their house. It's not even about the last 6 months of comparable real estate sales. In recent months, many lenders have wanted to see only 3 months of recent sales data. And while sales have been improving, the improvement has been in small increments, and many of the sales have been foreclosures. In case you're wondering, your buyer's appraiser WILL include the foreclosures whe...
Comments 4
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Jay Siegel and The Tokens has the top billing for a Solid Gold Doo-Wopp and Rock and Roll concert presented by Richard Nader in Ormond Beach Florida. Perhaps the most widely know hit by Jay Siegel and The Tokens is " The Lion Sleeps Tonight." Special guest performance by Knights to Remember. This special night of oldies will be Friday, March 5, 2010 at 7:30 PM at the Ormond Beach, Florida performing Arts Center. The Ormond Beach Performing Arts Center is a 650-seat facility located at 399 North U.S. 1, Ormond Beach, Florida. For tickets and additional information call 386-676-3375.
Comments 4
By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
                   Ormond Beach Real Estate Market Reports - Listings and Sales 2000-2009 Ormond Beach real estate sellers: I believe you'll appreciate this compilation of real estate data, which can help you see the big picture when it comes to selling your Ormond Beach house, condo, townhouse, vacant land, or any type of investment property. It's not just about how much your neighbors are asking for their house. It's not even about the last 6 months of comparable real estate sales. In recent months, many lenders have wanted to see only 3 months of recent sales data. And while sales have been improving, the improvement has been in small increments, and many of the sales have been foreclosures. In case you're wondering, your buyer's appraiser WILL include the foreclosures when they app...
Comments 3
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The Fish City Grill at the Trails Shopping Center in Ormond Beach Florida has closed. The restaurant, which opened just a couple of years ago, is apparently another victim of these difficult economic times. The franchisee was unable to get a rent reduction sufficient to keep the business open.
Comments 2
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
While the number of condos sold through the Daytona Beach Area Association of Realtors Multiple Listing Service in Ormond By The Sea, Florida (59) was higher than the total numbers in 2006 (43) to 2008 (41) it remains much lower than the average of 95 for the years 2000 to 2004 when the market was more "normal".  Projecting the 59 sales per year forward would mean we currently have a year and a half of inventory, which is still very high and continues to indicate a buyers market.A complicating factor could be foreclosures, which have shown no sign yet of slowing. There is a possibility that many more foreclosures will be coming on the market over the coming months since we are unable to close on many short sales.
Comments 0
By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Homes Sold in Ormond By The Sea, Florida December 2009 The Daytona Beach Area Association of Realtors Multiple Listing Service recorded 14 single-family homes sold in December 2009 in Ormond By The Sea, Florida. The lowest sale price was $74,900 and the highest was $407,600. Four of the 14 sales were 2 bedroom 1 bath and 6 were 3 or more bedrooms. The average sale price was $145,986 the median sales price was $130,000. At 14, the number of December 2009 sales exceeds the December 2008 total of 3 and the December 2007 total of 6
Comments 0