Ormond Beach, FL Real Estate News

By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Property values continue to fall.According to Zillow.com Ormond Beach Florida property values are down 12.3% year over year while Ormond By The Sea values have declined 18.5%.  The Zillow figures include sales through January 2010.  Here is the home value index chart. Zillow Home Value Index More Ormond-by-the-Sea Home Values
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Why Ormond Beach...it's Biblical to care for family I just returned home from the Coquina Center, where   Nanny (my grandmother) has been in rehab for the last 7 1/2 weeks.  We are definitely filled with excitement because tonight is Nanny's last night in rehab...she is finally coming home tomorrow. After what took place on the morning of January 11th  of this year, my wife Jennifer & I knew we made the correct decision almost 2 years ago...to move to Ormond Beach. Our family definitely enjoyed our lives in Wesley Chapel, an excellent family community just north of Tampa.  We lived in Meadow Point, we had perfect neighbors, our daughter Ashlyn had excellent friends, my wife Jennifer worked for Sydney's School for Autism in South Tampa and I loved my office in downtown Tampa. After makin...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The Ormond Scenic Loop & Trail in Ormond Beach, Florida is An official Florida Scenic Highway & National Scenic Byway. A detailed history put together by the Ormond Scenic Loop & Trail Corridor Management Entity in 2006 has been posted on the Ocean view Realty Group web log at http://ormondbytheseaproperties.blogspot.com/2010/03/ormond-scenic-loop-trail-corridor-story.html  The Loop history was put together through consultations with some of the best local historians.   The Ormond Scenic Loop & Trail web site is at http://www.ormondscenicloopandtrail.com/index.html  where they have more information about the Loop and Trail and photos along the route.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The new Publix supermarket is now open 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.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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 ...
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By Joyce Marsh, Joyce Marsh Real Estate LLC - Coastal Properties
(Joyce Marsh Real Estate LLC)
    A trip to England provides the source of inspiration for a spectacular oceanfront Estate..... A trip to West Sussex, England was the source of inspiration for a spectacular Georgian Style Oceanfront Estate in Ormond Beach, Florida.  Joyce Marsh is the exclusive Listing Agent for this coastal masterpiece.The elaborate pediment moldings in the Great Room are modeled after those of The Petworth House in Petworth, West Sussex.  All of the intricate moldings in the home are authentic English: Acanthus Leaf, Egg and Dart, and Crown.  The portrait of two children by John Comley Vivien (c.1880) purchased at the gallery of Oliver Charles in Petworth now hangs in the foyer.  This portrait artist was internationally renowned and his work was exhibited in the Royal Gallery on many occasions dur...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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 bat...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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 Ormon...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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 $180,000For...
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By Caroline Huising
(Huising)
Price: $20,000 FIZBER.com ID 14765776 Acreage/Land with in Roberts St Ormond beach, FL, 32174 http://www.fizber.com/14765776/ Roberts St - For Sale By Owner Property Details: Type: Acreage/Land Address: Roberts St, Ormond beach, FL, 32174 Sq footage: 0.0 Floors: n/a Bathrooms: 0.0 Bedrooms: 0 Year built: 0 View full property details and seller's contacts. View more Florida homes for sale. Homes for Sale by Owner. Description: This oversized, quality lot is located in Ormond beach, Florida near US-1 on Roberts st. This lot is wooded, buildable and neighboring many homes. US-1 is a major road in Ormond beach and leads to I - 95, the main thoroughfare of many cities including Daytona Beach, Jacksonville, as far south as Miami and as far north as Maine. This property is less than 3 miles f...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
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.          Tom Renick Park is on the Ocean in Ormond By The Sea Florida.   World War II watch tower                          A beautiful sunrise in Ormond By The Sea Florida                                        Map of Volusia County Florida showing Ormond By The sea Florida
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Just a reminder about the oldies show comming up soon.Jay Siegel and The Tokens has the top billing for a Solid Gold Doo-Wopp and Rock and Roll concert presented by Richard Nader in Ormond Beach Florida. Perhaps the most widely know hit by Jay Siegel and The Tokens is " The Lion Sleeps Tonight." Special guest performance by Knights to Remember. This special night of oldies will be Friday, March 5, 2010 at 7:30 PM at the Ormond Beach, Florida performing Arts Center. The Ormond Beach Performing Arts Center is a 650-seat facility located at 399 North U.S. 1, Ormond Beach, Florida. For tickets and additional information call 386-676-3375.
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
Lower property values for Ormond By the Sea homes and condos make this a great time to buy. Baby Boomers looking to move south for retirement in a few years can buy now and be ready when their time comes, possibly renting in the meantime to help pay the expenses of ownership. Many owners of Ormond By the Sea, Florida homes and condos use their property occasionally as a vacation getaway when it is not rented, providing another benefit to buying now. Low interest rates provide anther incentive to taking the leap into purchasing an Ormond By The Sea, Florida home or condo now. Your mortgage payment could be $200 or more lower each month in your retirement years if you buy now rather than wait a few years when interest rates may be much higher. If you need additional information about bea...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
There is a coming soon sign at 1228 Ocean Shore Blvd. at the Ormond Mall for China Taste, a take out only Chinese restaurant. Chinese Taste will be a couple of doors down from the hairdresser toward the south end of the mall. We can only hope that the food is good and that they can stay in business longer than the Chinese Buffet that was at the north end of the mall a few years back.
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By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
                  Ormond by the Sea Real Estate - Listings - Sales - Foreclosure Report for 2009 As a follow-up to my recent post titled "Ormond by the Sea Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. And for statistical purposes I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales. As indicated in the bar graph, for the city of Ormond Beach, the 2009 real estate Foreclosure Sales and Short Sales were not as high as some other cities in Volusia County. For example, a significant number of the 2009 real estate sales for the city of Dayton...
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By Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales
(Ocean View Realty Group in Ormond By The Sea Florida)
The Ormond Mall Publix in Ormond By The Sea, Florida is coming along nicely, in anticipation of an early March 2010 opening. The exterior of the building looks complete and half the parking lot has been refinished. In a quick peek inside, before I was evicted, I saw the check out stations in place and the freezer aisles all ready.   It looks like Ormond by the Sea, Florida will have a big beautiful new Publix store in about a month.
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By Lisa Hill, Daytona Beach Real Estate
(Florida Property Experts)
                   Ormond Beach Real Estate - Listings - Sales - Foreclosure Report for 2009 As a follow-up to my recent post titled "Ormond Beach Real Estate Listings and Sales 2000-2009 Market Report", I decided to write this post, which shows just how many of the 2009 sales were foreclosures and short sales. Once again, I've included a bar graph. And for statistical purposes I've also posted the actual numbers of how many of these real estate sales were along the lines of foreclosures, pre-foreclosures and short sales. As indicated in the bar graph, for the city of Ormond Beach, the 2009 real estate Foreclosure Sales and Short Sales were not as high as some other cities in Volusia County. For example, a significant number of the 2009 real estate sales for the city of Daytona Beach w...
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