Price Reduction - Short Sale - Waterfront
Address
400 Palm Avenue, ORMOND BEACH, FL
Price
$ 320,000
Property Attributes
  • MLS#O6314225
  • TypeSingle Family
  • Listing Status Active
  • CountyVolusia
  • CityORMOND BEACH
  • AreaOrmond Beach
  • NeighborhoodTOMOKA ESTATES UNIT 05
  • Zip32174
  • StyleSingle Family Residence
  • Year Built1978
  • Taxes$ 3039
  • Price$ 320,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2360
  • Lot Size0.24 Acres
Data Source:
Stellar MLS
Property Description

Short Sale. BANK-APPROVED SHORT SALE ~ Waterfront Living Awaits! Canalfront Home in Ormond Beach on 73X145 LOT. The main house features two bedrooms and two bathrooms, while the mother-in-law suite comprises two rooms, a bathroom, and a mini kitchen. FLOOD ZONE AE. The house has flooded twice with the current owner. Repairs made thereafter. ROOF 2016. The list price is the bank-approved price. 24-hour notice from the listing agent to the owner - tenant occupied.

Price History
12/19/2025 Listed $410,000
8/13/2026 22$320,000

General Features

Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Electric Water Heater
Zoning R-4
Construction Materials Wood Frame
Year Built 1978
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Waterfront Features Canal - Brackish
County Volusia
New Construction false
Property Type Residential
Subdivision Name TOMOKA ESTATES UNIT 05
Facing Direction South
Garage Y/N false
Total Rooms 4
Full Baths 3
Status Active
Directions US 1 and Coquina east to Palm Ave.
City ORMOND BEACH
Senior Community Y/N false
MLS Area 32174 - Ormond Beach
Lot Size Units Square Feet
Lot Size Square Feet 10585
Carport Y/N false
Listing Terms Cash,Conventional
Land Lease Y/N false
Tax Annual Amount 3039
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 5
Legal Description LOT 5 BLK 20 TOMOKA ESTS UNIT 5 MB 23 PGS 52-53 INC PARCELS 52 & 53 UNREC PLAT TOMOKA ESTS UNIT NO 6 EXC W 40.10 FT OF PARCEL 52 MEAS ON N/L & BEING 169.87 FT ON W/L PER OR 1981 PG 0220 PER OR 3409 PG 1738 PER OR 5417 PGS 4762-4763 PER UNREC D/C & OR 6767
Water View Canal
Water Access Type Canal - Brackish
Minimum Lease 1 Month
Water Access Y/N true
Water View Y/N true
Flood Zone Code AE
In Law Suite YN true
In Law Suite Description 1 Bathroom,1 Bedroom,Kitchenette

Interior Features

Interior Amenities Ceiling Fan(s)
Flooring Ceramic Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Private Mailbox
Water Source Well
Lot Size Area 10585
Foundation Details Slab
Building Area Total 2728
Lot Dimensions 73 x 145
Lot Size Acres 0.24
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32174

Price
AVG $550K
$320K
Taxes
AVG $6,991
$3,039
Year Built
AVG 2011
1978

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