502 S Beach St, Ormond Beach, 32174

REDUCED 5% Commercial/Industrial - Comm-Land & Bldg Incl For Sale

$1,375,000

Beds
Baths
7,627Sqft
1.53Acres
1908Built
MLS® #: 1041713
Active

Sunshine Plantation...Incredible opportunity for this immaculate 5 bedroom circa 1909 periodmansion on nearly 2 acres of riverfront with 8 quaint cottages placedamong the breathtaking grounds. Sunshine Plantation is completelyunique to this very sought after Ormond Beach waterfront location. Thecurrent owners enjoy the main home as a personal residence and animpressive income from the additional units, however the uniquecomposition of this property would be ideal for a family compound,corporate retreat or the ultimate homestead for somebody that can useplenty of space. The main home has a private drive to the north thatleads to the owners' over-sized 3 car garage and very privatecourtyard entrance to the home. Continued...The historic mansion is in splendid condition and maintains the charm of the era with gleaming wood floors and extensive mahogany trim work that shows beautifully. Beyond the original structure a very comfortable riverfront family room was added on for a casual space that the owners enjoy day to day. This addition with stone fireplace, tongue and groove ceilings and spectacular views opens directly to the expansive waterfront covered porch and is just off the large island kitchen. A home elevator is in place. A separate drive on the south side of the property leads to the 8 units that are situated in a quiet park like setting. Two of the water view units are perched above a 5 car detached garage. While these outbuildings are quaint and picturesque, they are small "turn key" homes for their occupants and the owners are happy to have a very low turn over rate with the uncommon availability lasting just a few days with multiple applicants. The cottages are in excellent condition and have been very well maintained and upgraded by the owners. This rare offering is a must see for the investment minded buyer or somebody looking for a beautiful home with an 8 car garage and a total of 11 bedrooms and 11 baths on magnificent Intracoastal-front acreage just blocks from trendy Granada Blvd and 5 minutes from the beach.

Essential Information

MLS® #: 1041713
Price: $1,375,000
Square Footage: 7,627
Acres: 1.53
Year Built: 1908
Type: Commercial/Industrial
Sub-Type: Comm-Land & Bldg Incl
Style: Multi-Family-Commercial
Status: Active

Community Information

Address: 502 S Beach St
Area: 41 - LPGA to Granada, E of Nova
City: Ormond Beach
County: Volusia
State: FL
Zip Code: 32174

Amenities

Parking Spaces: 7
Parking: Covered, Garage
Is Waterfront: Yes

Interior

Heating: Central
Cooling: Central

Exterior

Lot Description: 161x414

Listing Details

Listing Office: Adams, Cameron & Co., Realtors

Financials

$/SqFt: $180

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Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.