1360 Ocean Shore BlvdOrmond Beach, FL 32176

Property Details for 1360 Ocean Shore Blvd

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.58 AC

Property size (Sq ft)

20,885 SF

Property type

Retail space

APN

3234-11-02-0130

APU

323411020130

Description

This exceptional 1,100 square foot retail space is ideally situated at 1360 Ocean Shore Boulevard in Ormond Beach, Florida, 32176. Located in a convenient strip mall plaza directly across from the beach, this single-tenant property offers unparalleled visibility and accessibility. The property sits on a 0.58-acre lot and comprises a single-story building with one suite. The property's APN is 3234-11-02-0130. Previously occupied by a pool store, this versatile space presents a fantastic opportunity for a diverse range of businesses to thrive in this prime beachfront location. The monthly rent is $1260, which includes CAM fees, making it an attractive and cost-effective option. Its proximity to the beach ensures high foot traffic and visibility, making it an ideal location for businesses seeking a strong presence in a vibrant coastal community. The property's single-tenant occupancy provides simplicity and control, while its size offers ample space for various retail operations. Don't miss this chance to establish your business in this highly desirable Ormond Beach location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,225,934

  6.5%

  $4,823,939

  7%

  $4,479,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,875,109

  Geo Method

  $5,875,109

• Alternative Use

  Use

  Valuation

  Residential

  $4,069,173

  Hospitality

  $3,727,341

  Educational

  $3,101,104

  Medical

  $3,207,756

  Retail

  $4,823,939

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.3262

Longitude

-81.0572

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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