Property profile

120 Via Madrid Dr Madrid Ormond Beach, FL 32176

FOR SALE
Residential land & home lots
Property ID
US18-6115646
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Property summary

AI-generated overview

PRICE REDUCED $10,000 PER LOT! THERE ARE 2 LOTS AVAILABLE SIDE BY SIDE, UNDEVELOPED LOTS READY TO BUILD A HOUSE OF YOUR DREAMS? 2 LOTS SIDE BY SIDE AVAILABLE WALKING DISTANCE TO THE BEACH. THEY CAN BE SOLD SEPARATELY OR TOGETHER. ITS AVALON BY THE SEA. THE LAST BUILDABLE LOTS IN AVALON BY THE SEA IN ORMOND BEACH. GORGEOUS HOMES THAT HAVE BEEN BUILT IN THE NEIGHBORHOOD. VIA MADRID IS A ONE WAY STREET. VACANT BASIN ACROSS THE ACROSS THE STREET, DOG FRIENDLY AREA. bikeScore: 39, Somewhat Bikeable walkScore: 2, Car-Dependent

Property profile

Verified
Property type Residential land & home lots
UPID US18-6115646

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

120 Via Madrid Dr, Unit Madrid Ormond Beach, FL 32176
Ormond Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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