Friday, November 04, 2011

Ormond By The Sea, Florida Condos for sale as of October 31, 2011


Ormond By The Sea, Florida Condos for sale as of October 31, 2011

As of October 31, 2011 we have 58 Ormond By The Sea Florida condos for sale through the Daytona Beach Area Realtors® Multiple Listing Service (MLS). There are 40 priced under $200,000 and 3 of those are under $100,000. Additionally, there are 12 condos under contract pending closing of which 9 involve the lender as a short sale or foreclosure. There are 4 of the 58 condos for sale involving a lender , either short sales or foreclosures.

Short sales or foreclosures are 75% of the pending condos but less than 10% of the condos for sale indicating the banks are pricing their properties to sell while most owners are expecting to get more than the market will bear.

 

Below is a table breaking down the inventory by condominium name.
Condo name
For
Sale
Lowest $
Highest $
Year Built
Directly
On The Beach
Aquarius
3
179,900
289,000
1973
Yes
Atlantic 22
1
159,900
159,900
1990
No
Barrier Island
6
189,900
390,000
2000
No
Capriana
6
375,000
520,000
2006
Yes
Corinthian
2
99,000
104,500
1974
No
Court of Palms
0
0
0
1968
No
Fairwind Shores
3
120,000
189,000
83-87
No
Gemini
2

245,000
359,000
1984
Yes
Kingston Shores
4
95,000
199,900
1973
No
Las Olas
0
0
0
1997
No
Leeward Winds
3
164,900
167,900
1990
No
Madeira Villa N,C
and South
1
124,900

124,900
71-72
No
Mariners Bay 1 127,000 127,000 1981 No
Ocean Dunes
1
139,000
139,000
1978
No
Ocean House
1

189,000
189,000
83-85
No
Ocean Shores
0
0
0
1973
No
Ocean Watch
1
145,000
145,000
1986
No
Oceanaire
1
124,900
124,900
1984
No
Oceanside
0
0

0
1973
No
Ormond Breakers
1
165,900
165,900
1974
No
Ormond By The Sea Club
1
214,900

214,900
1972
Yes
Ormondy
1
175,000
175,000
1986
Yes
Regency Plaza
5
140,000
206,000
1974
Yes
Sand Dunes
0
0
0
1985
No
Sands Point
1
89,000
89,000
1971
Yes
Seabridge
3
118,000
169,900
1991
No
Seabridge North
2
144,900
145,000
1994
No
Seascape
0
0
0
1983
No
Spinnaker
1
100,000
100,000
1987
No
Shoreham
0
0
0
1972
Yes
Starboard Light
1
179,000
179,000
1981
No
Sunny Beach Club
1
169,000

169,000
1990
No
Sunrise
1
179,900
179,900
1986
No
Surfside Club
1
249,500
249,500
1971
Yes
Tiffany
2
299,900
349,000
1991
Yes
Villa Sereno
1
129,900
129,900
1973
No
Winchester Manor
0

0
0
1974
No
Windemere Shores
0
0
0
1973
No
To search the Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of the Ocean View Realty Group web site.

Wednesday, November 02, 2011

Ocean Front Condo For Rent in Ormond By The Sea, FL


Regency Plaza Condo
1415 Ocean Shore Blvd.

Ormond Beach, FL 32176


Rental Condo # 502 at the Regency Plaza Condo in Ormond By The Sea, Florida is a 2 bedroom 2 bath direct ocean front condo with fabulous ocean views from every room.  The living room and both bedrooms are along the ocean front balcony.   This condo is nicely furnished with everything you need for the good life…on the ocean.   The master bedroom has a king bed and the guest bedroom has a queen bed.  There is a TV and ceiling fans in each bedroom.  This condo is available for annual lease at $1400 monthly.  Tenant is responsible for Internet, electric and phone.   Regency Plaza Condo is a well maintained building with an on site manager, underground parking, ocean front pool, game room and saunas. 

For information about Ormond Beach and Ormond By The Sea homes and condos for sale or rent, contact Ocean View Realty Group or visit our web site at http://www.ovrealty.com/ .

Rhonda Lehnen is our sales specialist – ovforsale@aol.com Deanna Thomas and Jeanne Labonte are our rental specialist – ovrentals@aol.com
Ocean View Realty Group
1350 Ocean shore Blvd. Suite A
Ormond Beach, Fl 32176
386-441-8245
Fax 386-441-2407
Toll free USA & Canada 1-800-356-3409
Vacation rental information is at www.ormondbeachcondorentals.com

Tuesday, November 01, 2011

Ormond By The Sea Florida Homes sold in September 2011


Ormond By The Sea Florida Homes sold in September, 2011

Through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) there were 15 Ormond By The Sea, Florida homes sold in September, 2011. Four (4) of the sales had lender involvement, either a short sale or foreclosure. Additionally, there are 35 homes under contract waiting closing and 18 of those have lender involvement. The highest priced home sold was a 3 bedroom on Capistrano Dr for $240,000 and the lowest priced was a 2-bedroom 1 bath on Ocean Shore Drive for $67,000.
There were fewer homes sold in September, 2011 than in the past 2 years but this September saw more homes sold than in September of 2007 and 2008.
The high number of homes under contract (36) and the reduction in the inventory (89 homes for sale) are both good signs that the market may be getting stronger.

Ormond By The Sea, Florida homes sold in September, 2011 by price range.
Price range
$in thousands

Number
sold

1Bdrm

2Bdrm

3Bdrm

4+Bdrm

Lender involved
Under $100,000
6

0

6

0

0

2
100,000-149,999
5

0

2

3

0

1
150,000-249,999
4

0

0

3

1

1
250,000+ 0 0 0 0 0 0
Total number
15

0

8

6

1

4
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

Ormond By The Sea Florida homes for sale September 30, 2011



Ormond By The Sea Florida homes for sale September 30, 2011 

Homes for sale in Ormond By The Sea Florida
There are 89 Homes for Sale in Ormond By The Sea, Florida through the Daytona Beach Area Association of Realtors® Multiple Listing Service (MLS) as of September 30, 2011. An additional 36 homes are under contract awaiting closing. As has been the case in recent months lenders are pricing their properties more aggressively to get quicker sales. Lenders are involved in 10 of the 89 homes for sale (11%) but 18, half (50%) of the 36 homes under contract. Asking prices for Ormond By The Sea homes currently for sale range from $89,000 to $1,995,000.


The chart below shows Ormond By The Sea Florida homes for sale by price range.


Price range in
$Thousands
Number
1 Bdrm
2 Bdrm
3 Bdrm
4+ Bdrm
Bank
Under 100
6
0
6
0
0
2
100-149
18
0
13
4
1
3
150-199
16
0
4
9
3
1
200-299
8
0
0
5
3
0
300-499
16
0
1
8
7
3
500-999
19
0
0
8
11
1
Over $1 Million
6
0
0
1
5
0
Total number of homes
89
0
24
35
30
10
To view homes and condos available through Ocean View Realty Group or To search the Daytona Beach Florida area multiple listing Service (MLS) for homes and condos for sale in Ormond Beach and Ormond By The Sea Florida go to the sales page of this Ocean View Realty Group web site.

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