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Volusia County · Ormond Beach, FL 32174

ORMOND BEACH | INVESTOR OPPORTUNITY | PRIME LOCATION IN 240 Washington Place, Ormond Beach, FL 32174

$149,900
2
Beds
1
Baths
600
Sq ft
1926
Year built
$40K spread

About this property

240 Washington Place, Ormond Beach, FL 32174 Price: $149,900 | ARV: $190,000 Fast Funding Available • Hard Money Financing 2 BED / 1 BATH - 600 Sqft. - Vinyl Siding - Year Built 1926 WHY THIS DEAL MAKES SENSE Prime Ormond Beach location with strong land value Multiple potential strategies: redevelopment, renovation, or commercial conversion Conveniently located just off S. Yonge Street Minutes from the beach, river, schools, and shopping Excellent visibility and accessibility from a major road Flexible property profile for investors, builders, or developers Sold As-Is, allowing investors to execute their own value-add strategy INVESTMENT POTENTIAL Residential renovation opportunity Potential redevelopment site Potential commercial conversion Possible salon, daycare, office, retail, or assisted living use, subject to zoning and all required approvals Land value creates additional upside beyond the existing structure PROPERTY HIGHLIGHTS 2 bedrooms / 1 bathroom 600 Sqft. Single-family residence Prime location near S. Yonge Street Strong access to surrounding amenities Flexible site with multiple potential uses LOCATION = VISIBILITY + ACCESS IDEAL FOR Redevelopment / Value-Add / Commercial Conversion / Rental Investment / Builder Opportunity Need more info?

Property snapshot

Layout2 Bed / 1 Bath
Living area600 sq ft
Lot size0 sq ft
Year built1926
Property typeCommercial
CountyVolusia County

Deal details

Asking price$149,900
ARV estimate$190,000
Spread (ARV − asking)$40,100
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$150K
ARV est.
$190K
Spread
$40K
Run this in the flip calculator
M
Ms. Meriam
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