ORMOND OWNERS REPORT
First Quarter 2016
HELLO FROM ORMOND BY THE SEA
Ocean View Condominium Rental Group, Inc. also doing business as Ocean View Realty Group publishes this informative newsletter each quarter providing out of town Ormond By The Sea home and condo owners a source of local information about the area that they may not otherwise receive
BUSINESS BRIEFS
-Valentino’s restaurant has closed. The former lovece restaurant building is once again for rent at 1064 Ocean Shore.
-McClain Insurance has moved from the Mall to 1010 Ocean Shore Blvd.
-The pool and spa store has moved from Ozzie Plaza to 1360 Ocean Shore Blvd.
-Star video has closed at 1452 Ocean Shore Blvd.
-TL’s Home & Garden Decor has opened at 1452 Ocean Shore Blvd.
LOCAL NOTES
–Local cake lady wins on Food Network show. Read the story here.
http://www.news-journalonline.com/article/20160126/NEWS/160129641?Title=Ormond-Beach-designer-wins-on-Cake-Wars-
–The S.R.Perrott building on west Granada has been sold. The new owners plan to convert it to a self storage facility.
-A new interchange is now open in Palm Coast at Matanzas Pkwy.
Ormond By The Sea Florida 2016 first quarter condo sales analysis
This table shows the condos sold in Ormond By The Sea Florida for the first 3 months
of the year through the Daytona Beach Area Realtors@ Multiple Listing Service (MLS)
| Year | Sales | Low $ | High $ | Avg | Avg ask $ | Avg Sq.Ft | Sq. Ft. avg.$ | Avg
DOM |
| 2016 | 17 | 75,000 | 585,000 | 204,317 | 212,717 | 1184 | 170 | 136 |
| 2015 | 19 | 106,900 | 369,000 | 200,353 | 211,179 | 1286 | 159 | 137 |
| 2014 | 20 | 50,000 | 490,000 | 187,330 | 201,554 | 1229 | 152 | 78 |
| 2013 | 25 | 62,000 | 355,000 | 170,736 | 179,574 | 1150 | 148 | 115 |
| 2012 | 14 | 70,000 | 325,000 | 187,571 | 200,714 | 1312 | 143 | 49 |
| 2011 | 19 | 108,000 | 250,000 | 150,100 | 163,468 | 1234 | 121 | 176 |
| 2010 | 21 | 45,251 | 318,773 | 139,096 | 153,193 | 1242 | 112 | 197 |
| 2009 | 15 | 50,000 | 250,000 | 150,333 | 166,020 | 1173 | 128 | 97 |
CONTACT OCEAN VIEW If you need information to help you buy, sell or rent your Ormond By The Sea home or condo. Visit our web site www.ovrealty.com and our vacation rental web site at www.ormondbeachcondorentals.com or call us at 386-441-8245 or outside Florida a toll free call 1-800-356-3409. Email Deanna or Jeanne for vacation rental information at ovrentals@aol.com. Rhonda Lehnen is our Realtor® and can help with leasing, buying or selling ovforsale@aol.com.
