Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1981
Sq.Footage
1,013
Spectacular Oceanfront Penthouse in Ormond Beach – Prime Investment Opportunity Ideally located in the highly desirable Indies House Condominium, directly across from the stunning East Coast shoreline, this exceptional penthouse offers the perfect blend of lifestyle and income potential. This building stands out as one of the few in the area that allows short-term rentals, making it a rare and highly sought-after investment. Units consistently generate strong income due to year-round demand from visitors across the U.S. seeking a true “endless summer” beach experience. This fully remodeled oceanfront penthouse features direct beach access, impact windows, and modern finishes throughout, providing both comfort and peace of mind. The building has undergone extensive recent upgrades, including a new roof, elevators, concrete restoration, and a beautifully renovated pool. All special assessments have been fully paid by the current owner, offering a turnkey advantage for the next buyer. A rare opportunity to own a high-performing income property in one of Florida’s most desirable coastal destinations, within an impeccably maintained oceanfront community. Weekly rental rates range between $1,200 and $1,500. During peak season, they range between $2,000 and $2,500 per week. No rental restrictions.
Features & Amenities
Interior
-
Other Interior Features
Elevator, Open Floorplan, Other, Walk-In Closet(s)
-
Total Bedrooms
2
-
Bathrooms
2
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Breed Restrictions
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Balcony
-
Parking
Assigned
-
Pool
Yes
-
Pool Features
Gunite, Indoor, Private
-
Waterfront YN
YES
-
View
Beach, Water
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
1.77
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$424,900
-
Tax Amount
$4,963.42
-
Sq. Footage
1, 013
-
Price/SqFt
$419
HOA
-
Association
Yes
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
-
Total Monthly Fees
$825
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
5
-
Association Amenities
Pool
-
Foundation Details
Slab
-
Ownership
Condominium
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
30
-
Water Source
Public
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Location
County
Volusia
Elementary School
Middle School
High School
Listing Courtesy of Gustavo Cabrera , GIMEZA A REAL ESTATE CORP
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