1230 Us Highway 1 Ormond Beach, FL 32174
This unique Ormond Beach property at 1230 N US Highway 1, FL 32174, offers a versatile investment opportunity. The 1,946 square foot building, constructed in 2008, seamlessly blends retail, industrial, and residential uses. The property includes a nicely appointed modern professional office space on the third floor, accessible by elevator. This office features a large open concept design, one enclosed office, a kitchen area, and two bathrooms. High-quality interior finishes include wood flooring, painted drywall walls with six-inch wood baseboards, an acoustical ceiling, and recessed canned lighting. The expansive 287,496 square foot lot provides ample paved parking, meticulously maintained by the condo association. Association fees cover municipal trash removal, building insurance (excluding individual unit build-out/contents), and water/sewer. The property's diverse zoning and substantial lot size present significant potential for expansion or redevelopment. The asking price is $269,900. This mixed-use property is ideal for an owner-occupier or investor seeking a unique blend of commercial and residential space in a prime Ormond Beach location. The property is comprised of one unit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.