Friday, March 26, 2010

Surfside Hotel and Suites in Ormond Beach, Florida to be demolished.

One of the ocean front buildings in Ormond Beach, Florida that sustained substantial damage during the 2004 hurricane season was the Surfside Hotel and Suites at 251 South Atlantic Avenue in Ormond Beach, Florida. The hotel has remained closed since 2004 and the deteriorating condition has been the subject of numerous city of Ormond Beach code violations.  The city has reached agreement with the building owners to begin to raze the building by mid May 2010.  The city has also expressed an interest in the land to use as an ocean front park.




Thursday, March 25, 2010

Real Estate Taxes for 2010 in Ormond By the Sea, Florida

When real estate values in Ormond By The Sea, Florida were increasing drastically several years ago, the property appraiser told you that the higher values would mean higher taxes so any objection to your tax bill would probably be fruitless. As the value of your property began to fall some of you saw your tax bill actually decrease. Values for this year will once again show a decline, probably around 15% according to early guestimations by the Volusia County Property Appraiser. But declining values may not mean a lower tax bill if the taxing authorities do not cut spending. If spending is not cut, tax rates will increase to cover the expenses of taxing authorities.

Sunday, March 21, 2010

Ormond By The Sea Florida


Ormond By The Sea FloridaOrmond By The Sea Florida is a quaint seaside community betwen Ormond Beach and Flagler Beach on Florida's central east coast. Ormond by the sea is on a barrier island between the Atlantic Ocean and the Halifax River. A summer playground for the rich like Henry Flagler and John D. Rockefeller in years gone by, Ormond Beach is now known as the Birthplace of Speed due to the early auto races on its beaches. Ormond by the Sea is North of the Ormond Beach city limits and is an unincorporated area that is mostly residential. Ormond Beach is centrally located to many of central Florida's most popular attractions.

Ormond By the  Sea has less than 9,000 households and a population under 20,000. Many of the condominium units and single family residences are occupied full time. Some are only used occaisionally as a second home and some are occupied only as a winter residence.

Approximate mileage to:

                                     Kennedy Space center----61
                                     St. Augustine--------------48
                                     Sea World------------------72
                                     Universal Studios----------68
                                     Walt Disney World---------79

Of course we are just 6 miles from Daytona Beach. Home of the LPGA, NASCAR, the Daytona 500, and the U.S. Tennis Assoc. Ormond Beach is part of the greater Daytona Beach area in Volusia County, Florida. Lots to do in and around the Daytona Beach area and when the day is done you can relax on the private balcony of your Ormond Beach condo and sip your favorite beverage while basking in the ocean breeze.

Ormond By The Sea on Florida's Central East Coast

Visit the links page of the Ocean View condominium rental Group vacation rental  web site for additional information about nearby attractions. http://www.ormondbeachcondorentals.com/Links.html  Ormond By The Sea is a perfect base for echo tourism, History & Arts lovers. Climb the tallest Lighthouse in Florida (2nd tallest in the USA) in Ponce Inlet. Tomoka State Park is the ultimate in bird watching and also
features a nature trail, museum and canoe rentals. Lots of good fishing spots can be found in the area. Daytona Beach also offers a variety of theater productions, sports, parks and museums and other cultural
entertainment attractions.

Ormond By The Sea information is also available at
http://en.wikipedia.org/wiki/Ormond-By-The-Sea 

Demographic information for zip code 32176 is at
 http://zipskinny.com/index.php?zip=32176 


Ormond By The Sea Florida street map
Visit the Ocean View Condominium Rental group web site to view a street map of Ormond By The Sea Florida http://www.ovrealty.com/Ormond_By_The_Sea.html

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at www.ovrealty.com where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Saturday, March 20, 2010

Ocean Shores Condo for rent # 403 1 bedroom in Ormond By The Sea Florida


Ocean Shores condo rental unit 403 is a 1-bedroom 1 bath second floor condo with ceramic tile flooring throughout and wood flooring in the bedroom.  Kitchen appliances have been updated and include a smooth top range and built-in microwave.  This end unit is well maintained, has a reserved parking space and a balcony to enjoy the ocean breezes. This condo is furnished but the furniture may be removed.  No Pets and NO Smoking please. Available for a year lease at $600 monthly.  Rent includes water, sewer, basic cable and pest control.

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Friday, March 19, 2010

Marion O’Connor leaves Ocean View Realty Group


Marion O’Connor has left Ocean View Realty Group in Ormond By The Sea, Florida, to pursue other challenges. Marion first came to Ocean view in 1998 and has helped many customers and clients buy, sell and rent Ormond By The Sea homes and condos. Ms. O’Connor relocated to Ormond By The Sea, Florida from Portland, Maine in 1989.

Wednesday, March 17, 2010

The Pavilion Shopping Cener has opened in Port Orange, Florida

Thirty stores (about 90% of the available space), eight restaurants and a theater complex are open at the new Pavilion in Port Orange, Florida. The Pavilion is an open-air shopping center at 5501 S. Williamson Blvd, Port Orange, Florida. The Volusia Mall owner also owns the Pavilion, which is about 10 miles south of the mall.
The Pavilion is the largest commercial development is Volusia County since the Volusia Mall opened in 1975.
A unique feature of the pavilion is a half-mile walking trail around the retention pond in the center of the development.

For additional information go to   http://www.cbldevelopment.com/portorange



Tuesday, March 16, 2010

Shadow inventory of homes for sale


There is a rapidly growing shadow inventory of properties where borrowers are delinquent but foreclosure has not been completed according to Standard and Poor's.  A recent report also suggests a period of many months to resolve the shadow inventory problem.  The report states "If no additional loans default and only the current inventory of non performing and REO loans eventually must be liquidated, it will take 29 months to complete. This estimate of 29 months does not consider loans that have yet to default or, more significantly, those that have recently cured."
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously

Monday, March 15, 2010

Florida condo financing and the Special Approval designation


Special Approval is a relatively new designation by Fannie Mae to ease Florida condo mortgage restrictions.  The project is to review established condominium projects that may not currently meet Fannie Mae's standard eligibility criteria.  Condos receiving the Special Approval designation means that Fannie Mae will back mortgages for condo purchases freeing lenders to originate and deliver mortgage loans.  The Special Approval designation will be for 9-18 months.  Condo financing has been almost non existent in Florida without Government backing and this new designation will hopefully get more condos approved and help the condo market get back to normal.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Sunday, March 14, 2010

The new Publix supermarket is now open in Ormond By The Sea

On Thursday, March 11, 2010 the new Publix store opened for business at the Ormond Mall in Ormond By The Sea, Florida. The Publix store closed in June, 2009 and the building was demolished. The new store is much bigger, having taken a couple of additional spaces previously occupied by the card store and the Gourmet Kitchen. Opening day was a dreary rainy day but the parking lot was still full of shoppers and curious residents who have been waiting months for the convenience of the Ormond By The Sea Publix market.

Saturday, March 13, 2010

1650 Spring Garden Court condo FOR RENT, Holly Hill, Florida


1650 Spring Garden Court, Holly Hill, Florida
$700.00 Monthly for year lease.
This first floor 3 Bedroom 2-bath condo has inside washer and dryer and a rear patio.
New living room and kitchen lighting fixtures. This unit has stainless kitchen appliances,
ceramic tile and carpeted flooring. Great central location close to everything Daytona
Beach has to offer. Spring Garden Court is a small (29 units) gated condo complex.







Ocean View Realty Group

For additional information about
Ormond By The Sea rental homes and condos
contact Deanna Thomas, our rental specialist ovrentals@aol.com

Thinking of buying or selling
an Ormond By The Sea home or condo?
Contact Realtor Marion O'Connor or Rhonda Lehnen or Shonda Stebleton at ovforsale@aol.com

Ormond By The Sea home and condo owners....................
picture your property here for rent by Ocean View Realty Group.
Contact Ocean View today. At Ocean View one call does it all!

Vacation rental information is on our vacation rental web site at
www.OrmondBeachCondoRentals.com




Toll free--USA and Canada 1-800-356-3409
Phone 386-441-8245
fax 386-441-2407
mail to:ovrealty@aol.com


Friday, March 12, 2010

ORMOND SCENIC LOOP & TRAIL CORRIDOR STORY and history


ORMOND SCENIC LOOP and TRAIL CORRIDOR STORY
The communities surrounding The Ormond Scenic Loop and Trail have a long, rich
history that begins approximately 20,000 years ago during the last Glacial Period and is
closely linked to three bodies of water – the Atlantic Ocean, the Halifax River and the
Tomoka River. The Halifax River is actually an arm of the Atlantic Ocean that thrusts
northward from Ponce de Leon Inlet to the south and splits the land into two sections.
The Tomoka Basin, the source of the Halifax River, is located about twenty-three miles
north of Ponce de Leon Inlet and is fed from the southwest by the Tomoka River, a
fresh water river. The surrounding lands are located on the Silver Bluff Terrace – an
ancient ocean bottom. Giant ground sloths, saber-toothed tigers, mastodons, and
prehistoric horses once roamed the forests surrounding these waters. On the east side
of the Halifax River is a narrow peninsula approximately a mile wide. The northern most
portion of the peninsula in Volusia County is known as Ormond-By-The-Sea. Following
the peninsula south from the Flagler County line for about 8 miles brings us to the City
of Ormond Beach, which is separated by the Halifax River into beachside and mainland
segments. The northern mainland side of The Ormond Scenic Loop and Trail corridor
sits in unincorporated Volusia County.
Descendants of primitive Asiatics, who came to be known as Indians, migrated to
Florida approximately twelve thousand years ago. They came to hunt the mammoths,
musk oxen and caribou. These early inhabitants hunted and fished along the Halifax
and Tomoka Rivers, leaving behind mounds filled with broken pottery, arrowheads, and
shellfish remains. The earliest inhabitants of the area that we have knowledge of are
the Timucuan Indians who lived along the banks of the Halifax and Tomoka Rivers
during the early 1500's. Their primary settlement was called Nocoroco and is thought to
be located in what now is Tomoka State Park, which faces the Tomoka Basin and
welcomes visitors through its entrance on North Beach Street, the western limb of the
Ormond Scenic Loop & Trail. Nocoroco was mentioned in a 1569 memorial to the king
of Spain by Captain Antonio de Prado who noted that the village was situated between
two rivers (now known as Tomoka and Halifax). Princess Issena of the Timucuan Indian
Tribe married French Huguenot nobleman Ernst D'Erlach in 1566. An engraved rock
marks the site near the primitive church on the northwest corner of the Granada Bridge.
In 1605, Spanish explorer Alvaro Mexia mapped the area. Prehistoric shell middens
are located along John Anderson Drive containing the remains of oysters harvested by
these peoples from the river and tiny coquina clams gathered from the ocean side.
Bones of shark, sea turtle and manatee are also found in these significant archeological
sites. Because of this bounty of river and sea, the natives who lived in villages once
located along the Halifax and Tomoka Rivers never practiced agriculture until the arrival
of the Spanish. The Timucuan villages of Cacaroy and Cicale are believed to have
been located along the banks of the Halifax River in present day Ormond-By-The-Sea.
The Cacaroy settlement is believed to have been located just south of Bicentennial
Park, with the Cicale settlement approximately one mile further south along the banks of
the river. The Timucuans disappeared entirely by the early 1800's, perhaps decimated
by diseases brought by European settlers.

At the end of the Seven Years War in Europe, Spain ceded Florida to the British in
exchange for Cuba. Britain gave out many land grants to settlers, including 20,000
acres to Richard Oswald in 1766. Mount Oswald became a rice and indigo plantation,
encompassing what is now Tomoka State Park. There are eleven known plantation
sites within the Tomoka State Park area all of which can be seen and are accessible
from the Ormond Scenic Loop & Trail. During the survey of these land grants, the
Halifax River received its name in honor of Lord Halifax. Later, Florida reverted to
Spain and Mount Oswald and other early plantations fell into ruins. Spanish land grants
of the early 1800's brought a new wave of settlers from the Bahamas. Spain remained
in possession of Florida from 1783 until 1821, when it became a United States territory.
Some of the earliest settlers to the area included James and George Anderson, who
came to Ormond with a Spanish land grant and took over what had been Mount
Oswald. Loop road John Anderson Drive is named after their family. Captain James
Ormond received a 2,000-acre land grant that he called Damietta Plantation. James
Ormond II died in 1829 and is buried in Ormond Tomb Park located on Old Dixie
Highway. A landmark of the second Spanish period is located in the vicinity of Pine
Tree Drive. What was once the Addison Land Grant was later sold in part to the
McCrae brothers. This landmark, known as the McCrae Plantation Ruins and Addison
Blockhouse, are important examples of 19th century plantation architecture. This
plantation, like many in the area, was destroyed during the Second Seminole War. The
effective reprisals of the Seminole Indians in 1835-36 laid waste to the plantation
economy in this part of the state, from which it never recovered. During the course of
the next fifty years, these lands lay dormant allowing nature to take its course.
In the 1870's, a new wave of settlers arrived, including a group employed by the Corbin
Lock Company of New Britain, Connecticut, who named the area New Britain. In 1876
Chauncey A. Bacon, an architect and Civil War veteran from New Britain, Connecticut,
purchased 172 acres in present day Ormond-By-The-Sea and named it the Number
Nine Plantation. Mrs. Bacon became the first teacher in the colony of New Britain,
present day Ormond Beach. In her book Ormond-On-The-Halifax, Alice Strickland
describes the site: "The land was covered with a dense, tangled forest of palmettos,
scrub oaks, and pine trees which Bacon cleared out with axe and grub hoe. The
Bacon's first home was a palmetto cabin, but later Bacon built a small, two story house
with a large coquina rock fireplace on top of the Indian shell mound. Eventually this
house became the 'jelly house' where Jennie Bacon, and their son, Earl, made delicious
jams, jellies, and preserves that were sold on the property and also shipped to all parts
of the country." The Bacons constructed a third home, which still stands on John
Anderson Drive, from salvaged mahogany logs that washed ashore from the wreck of
the City of Vera Cruz. The Number Nine was a favorite picnic ground for the early
settlers of New Britain with picnickers and other guests traveling by boat on the Halifax
River since no roads along the riverfront on the east side of the Halifax River existed.
The Bostrom brothers came to what is now called Riverside Drive and built a fine home
called Bosarve, which means "Home Place" in Swedish. Like the Bacons, the Bostroms
built three homes altogether on the same site; the first was a palmetto shack, then a
two-story frame house and eventually a third home with some of the lumber coming
from Jacksonville and some salvaged from ship wrecks. Alice Strickland's book

describes the shingles as being homemade and "the bricks for the chimney were
pilfered from old plantation ruins". Bosarve, which is still filled with magnificent old oak
trees, was torn down in recent years and a modern home now occupies the site.
Alice Strickland also gives us an accounting of the tragic shipwrecks that occurred
during the hurricane season of 1880, the most severe storms ever experienced by the
early settlers. Strickland wrote: "The largest of these ships was the City of Vera Cruz,
bound from New York to Havana, which was carrying over a hundred passengers. As
the ship broke up in the immense waves, passengers and crew were thrown into the
sea, and only a few reached shore alive…the settlers formed a sort of vigilance
committee to bury the human bodies strewn along the beach north of Ormond and
which were being attacked by wild hogs. Sixty-seven of these bodies were interred in
one huge pit dug back of the first row of dunes just north of Number Nine Plantation.
For many years a large timber set upright in the ground marked the spot, but was finally
destroyed by woods fires". The first cottage built on the beach was constructed from
salvaged materials from the Vera Cruz and named in the ship's honor. In the 1880's
this cottage rented in the summer for $30 per month. At the time of his death in 1911,
John Anderson bequest the Vera Cruz cottage to William Fagen. In December of 1896,
another fierce hurricane grounded the Nathan Cobb just offshore. Citizens of Ormond
attempted a rescue of the crew despite high rough surf. One resident and several crew
members perished. Salvage from the Nathan Cobb was used to build a cottage, also
called the Nathan Cobb, on Orchard Lane just north of the Hotel Ormond. The cottage
stands today and is accessible from John Anderson Drive.
The first bridge over the Halifax River was built in 1887 and connected the peninsula
and the mainland. Today Granada Boulevard and a graceful high-rise descendant of
the first Halifax River Bridge form the southern border of the Ormond Scenic Loop &
Trail. John Anderson and J.D. Price bought part of the Bostrom property and built the
first wing of the Hotel Ormond, along with winter visitor and Wall Street broker Stephen
Van Cullen White, which opened on January 1, 1888. Many wealthy travelers stopped
here, including John D. Rockefeller who rented a complete floor of the hotel. Other
notable travelers included Henry Ford, Will Rogers, and the Prince of Wales. In 1890,
Henry Morison Flagler purchased the structure and enlarged it. In 1904, Flagler added
the Ormond Garage on the hotel property. The 104-year-old hotel is now gone,
demolished on May 26, 1992, and recently replaced by the Heritage Condominium.
The restored hotel cupola, now a small museum displaying memorabilia, is located in
Fortunato Park across the street from the original site, visible from both John Anderson
Drive and Granada Boulevard. Hammock House, which was built in 1878 by the hotel's
co-founder J.D. Price, still stands at 311 John Anderson Drive and is listed on the
National Register of Historic Places.
On December 18, 1918, John D. Rockefeller made Ormond Beach his winter home by
moving into "The Casements", a three-story house on the corner of Granada and
Riverside Drive which borders the Halifax River. On May 23, 1937, Rockefeller passed
away while at The Casements. The Rockefeller family sold the home in 1941 and it
became a junior college for young women. The property changed hands a number of
times after that with the citizens fighting off efforts to redevelop the property as
condominiums in the 1970's. The City of Ormond Beach purchased the property in
1973 and the building was restored and preserved as a cultural and civic center for the
community. The Casements is one of the premier historical landmarks along the
Ormond Scenic Loop & Trail.
A subscription for a church building was started in 1884 and a river front lot at the
corner of Lincoln and Beach Streets was donated. Lumber for the church was ordered
from Jacksonville, but the schooner carrying it ran aground and the captain could not
get it afloat. Community members got the lumber from the schooner and crafted it into
a raft. Working all night, the group poled the raft six miles to Ormond where, with help
from other citizens, they carried the lumber ashore, dried it and then began construction
of the church building. The Ormond Union Church was incorporated September 21,
1888. Next door is the Anderson Price Memorial Building which is on the National
Register of Historic Places. This building served as the home of the Village
Improvement Association in the early 20th century and was the first public library in
Ormond Beach. Across from the church, directly on the Halifax River, is the Ormond
Yacht Club, which was built in 1910 and is on the National Register of Historic Places.
The wooden clubhouse stands stalwartly over the water at the end of its pier, a striking
component of the viewshed at the south end of the Ormond Scenic Loop & Trail.
Further north at 166 N. Beach Street stands the William McNary house. William
McNary lied about his age when he enlisted with his son, Clarence, to fight for the Union
in the Civil War because he was too old for conscription. McNary had been a
cabinetmaker for the Corbin Lock Company in Connecticut and this family became one
of the most prominent in the colony. Immediately north of the McNary house is the Dix
House, which was built for Mrs. McNary's sisters, Ruth and Eliza Dix. Originally built as
almost identical houses, the Dix House retains its open upper and lower porches and is
on the National Register of Historic Places. It was here that the citizens of then New
Britain voted to incorporate the city under the name Ormond Beach on April 22, 1880.
The first meeting of the Ormond City Council took place at the Dix House on May 8,
1880.
The 1920's brought a real estate boom to both mainland and beachside Ormond Beach.
In 1926 Oceanshore Boulevard (A1A) was constructed and opened the forbidding
wilderness of scrub jungle that existed between St. Augustine and Ormond Beach. This
improved access led to the beginning of residential subdivisions along the peninsula. In
the early 1950's a residential construction boom started in the beachside area north of
Ormond Beach. One of the first subdivisions was called "Ormond-By-The-Sea", a name
that eventually became the identity for that community. Between Ormond-by-the-Sea
and the Flagler County line to the north lays North Peninsula State Park. Nearly three
miles long and extending across the peninsula from ocean to river, the park is a pristine
undeveloped dune scrub, an ecosystem that has nearly vanished from the rest of
Florida's east coast. It is here that the Ormond Scenic Loop and Trail will meet the A1A
Scenic & Historic Coastal Byway, with the intent of receiving national status as well.

Five days after the bombing of Pearl Harbor and the United States entrance into World
War II, fifteen local individuals along with some New Smyrna Beach residents took the
qualifying exams for the Coast Guard Auxiliary. Members of the Coast Guard Auxiliary
Flotilla 44, called Flotilla 1-3 during World War II, manned the lookout tower in Ormond-
By-The-Sea around the clock as they searched the coast for German submarines. This
restored structure still stands today. A wooden tower in the rear of the Ormond Beach
fire station on East Granada Avenue also became a watchtower. Flotilla 44, Daytona
Beach – 7th CG District, is one of the oldest Coast Guard Auxiliary flotillas in the United
States. Flotilla 1-3 (present day Flotilla 44) was formally chartered on December 18,
1941. German submarines arrived off the Atlantic Coast in January 1942. By May of
that year, 180 vessels had been sunk. The Coast Guard Auxiliary responded to aid the
sinking vessels and rescued those who were forced to abandon ship. At times, people
on the beach could see these U-boat engagements. In addition to their responsibilities
for patrolling the beaches of Volusia and Flagler Counties, members of Flotilla 1-3 also
conducted river patrols on the Intracoastal Waterway and patrolled the offshore waters
of the Atlantic Ocean searching for harbor infiltrators and enemy submarines.
Stanley Steamer cars came to Ormond Beach on January 24, 2006 to celebrate the
100th anniversary of a Stanley car setting the most famous land speed record on the
beach on January 26, 1906. Stanley car owners came from as far away as Great
Britain to mark the anniversary. Owners prefer to drive the cars rather than display
them; they all raved about the magnificent beauty when they completed driving "The
Loop."
For over a century the citizens of Ormond Beach and the surrounding communities and
visitors to the area alike have learned to love and value the natural vistas and historic
structures they see from the roadways that make up the Ormond Scenic Loop and Trail.
Those within the community are deeply concerned with preserving and protecting the
remaining unspoiled areas of forests, swamps, scrub dunes, and coastal marshes with
its abundance of ecological systems and historic value in this area. The Ormond Scenic
Loop and Trail hopes to contribute to this worthy endeavor through its efforts to
establish the corridor as a Florida Scenic Highway.

Thursday, March 11, 2010

Vacation Rental Condos in Ormond By The Sea, Florida by Ocean View Condominium Realty Group Inc.

Ocean View Condominium Realty Group Inc. is adding postings to its rental blog showing available vacation rentals in Ormond By The Sea Florida. Every Condo Building will be featured in a post with a link to the Ocean View Realty Group Vacation rental web site where you can find building photos and a description and access to photos and information about individual vacation rental condo units managed by Ocean View Condominium Rental Group, Inc. To view the ongoing postings visit    http://ormondbeachcondos.blogspot.com/

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.




Wednesday, March 10, 2010

Ormond By The Sea, Florida homes for sale as of March 1, 2010

As of March 1, 2010 there are 126  homes for sale in Ormond By The Sea, Florida through the Daytona Beach area multiple listing service.  In addition, there are 47 homes under contract awaiting closing and 28 of the 47 (60%) are bank owned, short sales, or in various stages of the foreclosure process.  Less than 20%
(21 homes) of the 126 Ormond By The Sea, Florida homes for sale involve a lender.

The lowest priced property is a 2 bedroom 1 bath on Essex Drive at $84,900 and the highest price is an 8 bedroom home on Ocean Shore Blvd. asking $2,399,000.  There are 10 homes priced under $100,000 and 57 asking $100,000 to $200,000.  Only 23 homes are priced at $400,000 and above with 6 of these asking over a million.

Lenders are pricing their properties more aggressively as indicated by the 20% of homes for sale involving a bank while 60% of those under contract are involving a bank.

Sunday, March 07, 2010

Ormond By The Sea, Florida condo market analysis February 28, 2010


We have 6 more condos for sale in Ormond By The Sea through the Daytona Beach Area Multiple Listing Service than at the beginning of February 2010.   The 94 condos currently for sale range in asking price from $83,900 for a first floor at Winchester Manor to $750,000 for the first floor 4 bedroom at the Tiffany, and 53 of the 94 are asking $200,000 or less.  In addition to the 94 for sale there are 9 condos under contract awaiting closing, 6 of which were also pending at the beginning of February 2010.  Many Ormond By The Sea, Florida condo owners continue to have expectations higher that what the current condo market will bear, as reflected in their asking price. May-be some of them will get lucky and sell above market. The table below summarizes the current for sale inventory of Ormond By The Sea, Florida condos for sale by condo building.
Condo 
For Sale

Lowest $

Highest $

Year Built

Directly On The Beach

Aquarius

5

275,000

369,000

1973

Yes

Barrier Island

2

225,000

360,000

2000

No

Capriana

9

449,000

599,000

2006

Yes

Corinthian

1

159,900

159,900

1974

No

Court of Palms

1

109,000

109,000

1968

No

Fairwind Shores

8

149,000

269,900

1983-1987

No

Gemini

5

214,950

499,000

1984

Yes

Kingston Shores

9

114,900

249,900

1973

No

Leeward Winds

2

178,000

215,000

1990

No

Madeira Villa

4

134,200

172,000

1972

No

Ocean House

3

139,900

174,500

1981

No

Ocean Shores

2

89,000

89,900

1973

No

Ocean Watch

3

135,000

179,000

1986

No

Oceanaire

1

150,000

150,000

1984

No

Oceanside

1

129,000

129,000

1973

No

Ormond Breakers

7

127,300

179,900

1974

No

Ormond By The Sea Club

1

279,000

279,000

1972

Yes

Ormondy

2

249,900

299,900

1985

Yes

Regency Plaza

3

159,900

226,000

1974

Yes

Sand Dunes

2

149,000

165,000

1985

No

Sands Point

2

99,000

125,900

1971

Yes

Seabridge

3

199,900

239,000

1991

No

Seabridge North

5

149,900

200,000

1994

No

Starboard Light

1

184,900

184,900

1981

No

Sunny Beach Club

1

145,000

145,000

1990

No

Surfside Club

3

247,500

339,750

1971

Yes

Tiffany

3

329,900

750,000

1991

Yes

Villa Sereno

3

129,500

148,000

1973

No

Winchester Manor

1

83,900

83,900

1974

No

Windemere Shores

1

219,000

219,000

1973

No

For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

Friday, March 05, 2010

Homes sold in Ormond By The Sea, Florida February 2010

The average sale price was 94.4% of the asking price for the 9 Ormond By The Sea, Florida homes sold in February 2010 through the Daytona Beach Area Association of Realtors Multiple Listing Service. One sale was over $200,000 and 5 others were under $100,000 making the median sales price $96,000. Seven or the sales were either bank owned or short sales.

The lowest sale price was a 3 bedroom 2 bath on Laurie Drive for $67,000 and the highest was a 3 bedroom 2 bath on Sandpiper Ridge Drive for $205,000. The number of homes sold in February 2010 is consistent with the number of sales in February of each year since 2006, each year in February there have been 8-11 homes sold in Ormond By The Sea, Florida.
As a side note the lowest sale price in February 2006 was $200,000 for a 2 bedroom 1 bath on Roberta Road.
If 9 Ormond By The Sea homes sold every month and no new homes came on the market it would take14 months to eliminate the current inventory of 126 homes for sale.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.







Thursday, March 04, 2010

Volusia County Florida Pet Vet Cruiser, March 2010 schedule


Volusia County's Pet Vet Cruiser mobile clinic operates by appointment between 10 a.m. and 3 p.m. and will be at the Rockin' Ranch on March 1, 3, 5, 11, 15, 18, 24, 26, 29 and 31 on Nova Road in Ormond Beach.
Dates for services at the Oakbrook Professional Center on Spring Garden Avenue in DeLand are March 2, 4, 8, 12, 16, 19, 22, 25 and 30. 
March 9 and 23 at Volusia County Fire Station 23 on Pioneer Trail in New Smyrna Beach.
March 17  at Volusia County Fire Station 31, 1970 S. Volusia Ave., Orange City.
The Pet Vet Cruiser offers free and low-cost spay and neuter services to residents in the unincorporated areas of the county.  Fees are based on a sliding income scale.   For information or to schedule an appointment, call 386-626-6643 or visit volusia.org/animalcontrol/cruiser.htm

Wednesday, March 03, 2010

February 2010 Ormond By The Sea, Florida Condo Sales Analysis

A short sale of a Mariners Bay Townhouse Condo was one of two sales in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors Multiple Listing Service. The townhouse sold for $100,000. The only other sale was a 2nd floor Sunny Beach Club Condo unit that sold for $125,000.
February has been a relatively slow month for condo sales in Ormond By The Sea, Florida recently 3 condo sold in 2009, 6 in 2008, zero in 2007 and 1 in 2006.
We don’t really need any more reminders of what has happened to real estate values but the Sunny Beach Club Condo sale last month at $125,000 compares to the February 2006 sale of a 3rd floor condo unit for $265,000. There was a Mariners Bay Condo that sold in 2006 for $286,000. That Mariners Bay Condo was re-sold in 2008 for $180,000.
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent call 386-441-8245 or visit the Ocean view Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.






Monday, March 01, 2010

Ormond By The Sea Florida photos


Here are some photos of Ormond By The Sea Florida that I have used in the past on the Ocean View Realty Group web sites and Blogs.  I will try to get out and get others to post also.

 Bicentenial Park is accross the street from the beach and runs from A1A to the river.
Bicentenial park in Ormond By The Sea Florida  Bicentenial park in Ormond By The Sea Florida
    Tom Renick Park is on the Ocean in Ormond By The Sea Florida.
Tom Renick park in Ormond By The Sea Florida  Tom Renick park in Ormond By The Sea Florida
World War II watch tower                          A beautiful sunrise in Ormond By The Sea Florida
World War II watch tower in Ormond By The Sea Florida       A beautiful sunrise in Ormond By The Sea Florida
                               Map of Volusia County Florida showing Ormond By The sea Florida
Map of Volusia County Florida
For information about Ormond Beach and Ormond by the Sea Florida homes and condos for sale and for rent visit the Ocean View Realty Group web site at http://www.ovrealty.com/ where you can also search the Daytona Beach area multiple listing service (MLS) anonymously.

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