13 days on rocket

40 Palmetto Dr, Ormond Beach, FL, 32176

$349,000

Home List Price

$4,144*

Closing Credit

2 Bedrooms
1 Full Bath
700 SqFt
$499/SqFt
House
Schools Nearby

Location

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40 Palmetto Dr, Ormond Beach$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage1 space
Year Built1954
HeatingElectric
CoolingCentral Air
MLS #OM677093
Lot Size0.16 Acres
StatusActive

About 40 Palmetto Dr

Nestled just a stone's throw away from the glistening shores of the Atlantic, this charming two-bedroom, one-bathroom cottage embodies the essence of coastal living at an incredible value, priced at less than $350K. Its quaint exterior welcomes you with a cozy ambiance, while inside, you'll find a delightful blend of modern comforts and classic charm. The open layout seamlessly connects the living, dining, and kitchen areas, perfect for entertaining guests or simply enjoying laid-back evenings by the ocean. The two well-appointed bedrooms offer serene retreats, each promising restful nights after days spent exploring the nearby beach and coastal trails. With its desirable location and irresistible price point, this seaside cottage presents an unparalleled opportunity to embrace a relaxed coastal lifestyle without breaking the bank.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Living Area: 700 SqFt

Listing Office:

  • Office Name: REMAX REALTY ONE
  • Office Phone: (352) 795-2441
  • Listing Agent: Karen Cunningham

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave
  • Flooring Type: Ceramic Tile
  • Interior: Primary Bedroom Main Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Mailbox

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Seabreeze High School, Public District Grades 9-12
  • Ormond Beach Middle School, Public District Grades 6-8
  • Osceola Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-95 to rt 40 east to A1A north to left onto Palmetto Drive. Property is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $499/SqFt

Tax Information:

  • Annual Amount: $2,290
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ormond Beach, FL.

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Ormond Beach, FL

City

Med. Sold Price

$422K

Med. Price/SqFt

$238

Avg. Days On Market

55

# of Sold Homes

70

40 Palmetto Dr vs Ormond Beach

13 DAYS ON ROCKET

-42 Days

$349,000

-$73K Less

$499/SqFt

+$261 More

KEY TAKEAWAY

This property is $73K less than the Median Sold Price and $261/SqFt more than other homes in Ormond Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM677093

Listing Office:

  • Office Name: REMAX REALTY ONE
  • Office Phone: (352) 795-2441
  • Listing Agent: Karen Cunningham

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 5:19:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 2019Home Sold
$162,000
Oct 02, 2018Home Sold
$127,000
Dec 10, 1998Home Sold
$61,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,290$142,104
2019$2,850$126,243
2018$2,706$117,852
2017$2,582$109,906

History based on county public records data.

Payment Calculator

$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4856190
4
/10

  • Osceola Elementary School

  • 100 Osceola Ave

  • 2.99 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4856191
4
/10

  • Ormond Beach Middle School

  • 151 Domicilio Ave

  • 1.34 miles

  • Public District Grades 6-8

High School

school-card-donut-4856192
4
/10

  • Seabreeze High School

  • 2700 N Oleander Ave

  • 4.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,744. Typical income of Ormond Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40 Palmetto Dr

What is the listing price of this property?

The listing price of 40 Palmetto Dr property is $349,000.

What type of property is this?

The property 40 Palmetto Dr is a house located in Ormond Beach, Florida, 32176.

Is this property for sale now?

Active Listing: 40 Palmetto Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40 Palmetto Dr are:
Osceola Elementary School: GreatSchools Rating 4/10
Ormond Beach Middle School: GreatSchools Rating 4/10
Seabreeze High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,290 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 1, 2019 for $162,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40 Palmetto Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 40 Palmetto Dr is 700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40 Palmetto Dr is 1954.

Rocket Homes›Florida›Volusia County›Ormond Beach›32176›40 Palmetto Dr

This home is located at 40 Palmetto Dr in Ormond Beach, FL and zip code 32176 in the Ormond by The Sea neighborhood. This 700 square foot home, which was built in 1954, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $349,000.

In April 2024, from all listings sold in Ormond Beach, FL there were more than 8 sold above asking price, over 50 sold below and more than 12 were sold right at the asked price. The number of homes for sale in Ormond Beach, FL increased by 4.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $422,000, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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