501 Leeway Trl, Ormond Beach, 32174

REDUCED 2% Residential - Single Family For Sale in 99 - Other

$794,500

5Beds
6Baths
7,239Sqft
5.97Acres
1992Built
MLS® #: 1069543
Active

Income-producing property. A true equestrian gem just 10 mins to the beach. This fully fenced, two-pasture property on the paved section of Leeway Trail spans over 6 cleared, dry acres and currently brings in $4,700/month profit. As you pull in to the oak, elm and maple tree-covered, fully-irrigated front property, you'll notice the freshly painted and landscaped 3/3 main house with an enclosed in-ground pool fully equipped for a hot tub, a two-story apartment building built in 2000 that has been rented continuously for 10+ years, and finally a 2-car oversized 32x35 garage (also 2000) with attached workshop. The 3/3 main house had a new roof installed 2018, boasts exposed beams throughout, a large kitchen recently upgraded with granite counter tops and backsplash, inside laundry/mud roomformal dining opening up to the main living room and a downstairs master suite that you must see to believe. The 20x20 master bedroom is full of natural light and leads to the master bath that includes a HUGE 10x10 walk-in closet. Two oversized bedrooms upstairs have double closets each with their own private balconies. Enclosed inground pool (built 2004) has been maintenanced regularly and is equipped with a newer, energy-efficient pump. Main house and apartments are connected by breezeways on both top and bottom floors. Each apartment suite is a FULL 1/1 with full kitchen and laundry (washer/dryer included) and are rented at $1,400 (lower) and $1,300 (upper) per month with utilities included. Tenants are month-to-month. Both units each have separate, private entrances, porch/balcony, and A/C units. Property has 8 horse stalls (each at $250/month board), 5 tack rooms (one with a ¾ bath included). Back barn equipped with wash pad and cross ties. Entire property is fully field fenced and includes stalls, runs and pasture with man-made pond in North pasture. New water softener installed 2019. Main house roof installed 2017. New well installed 2017. All information intended to be accurate but is not guaranteed.

Essential Information

MLS® #: 1069543
Price: $794,500
Bedrooms: 5
Bathrooms: 6.00
Full Baths: 5
Half Baths: 1
Square Footage: 7,239
Acres: 5.97
Year Built: 1992
Type: Residential
Sub-Type: Single Family
Status: Active

Community Information

Address: 501 Leeway Trl
Area: 48 - Ormond Beach W of 95, N of 40
Subdivision: 99 - Other
City: Ormond Beach
County: Volusia
State: FL
Zip Code: 32174

Amenities

Utilities: Septic, Well
Features: Horses Permitted, Agricultural
Garages: 2 Car Garage, RV/Boat, Detached, Oversized
Is Waterfront: Yes
Waterfront: Lake/Pond, Canal - Non Navigable

Interior

Interior: Carpet, Tile
Interior Features: Ceiling Fans, Inside Laundry, 1 Bedroom Down, Fireplace
Appliances: Dishwasher, Range, Refrigerator, Water Softener
Heating: Central
Cooling: Central, Multiple Units
Fireplace: Yes
Stories: 2 Stories

Exterior

Exterior Features: Irrigation Sprinkler, Irrigation Well, Outbuilding, Utility Shed, Fenced Yard, Stable
Lot Description: 260,053sf, 5 to 10 acres
Roof: Metal, Shingle
Construction: Frame, Stucco Cover, Siding

Listing Details

Listing Office: Adams, Cameron & Co., Realtors

Financials

$/SqFt: $110

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© 2020 Daytona Beach Area Association of REALTORS®

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.