1050 Ocean ShrOrmond Beach, FL 32176

  • Assisted living facilities
  • 27,940 SF
Off market
$2,472,253 Estimated

Property Details for 1050 Ocean Shr

Year built
1996
Construction
CONCRETE
Lot size
0.93 AC
Property size (Sq ft)
27,940 SF
Zone code
B1
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
4203-26-00-0710
APU
420326000710

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,543,060
    6.5%
    $5,116,670
    7%
    $4,751,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,212,510
    Geo Method
    $3,212,510
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $9,745,950
    Retail / Commercial
    $5,007,380
    Mixed-Use / Specialty
    $4,997,190
    Hospitality / Lodging
    $3,676,240
    Office
    $4,975,470
    Institutional / Educational
    $5,197,790
    Residential Income
    $6,081,420
    Multifamily
    $7,251,300
    Automotive / Energy
    $4,455,250
    Parking / Income-Based Land
    $1,529,890
    Restaurant / Food Service
    $2,615,410

Location Insight

City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.3177
Longitude
-81.053
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,369
$748,000
$1,724,253
$2,472,253
-
$748,000
$1,724,253
$2,472,253

FAQs

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