ORMOND OWNERS REPORT
Fourth Quarter 2014
Hello From Ormond By The Sea Florida!
Ocean View Condominium Rental Group, Inc. also doing business as Ocean View Realty Group publishes this informative newsletter each quarter and sends it to out of town Ormond By The Sea property owners. Ocean View provides non-resident owners a source of local information about the local area that they may not otherwise receive. If you have comments, questions or suggestions do not hesitate to contact us.
BUSINESS BRIEFS
-The House of Donuts at 1350 Ocean Shore blvd has a new owner and there may be some changes to the menu coming.
-O’Hara’s Irish Pub is to open soon at 1474 Ocean Shore Blvd, the former location of the Seadrift Tavern. The new Pub will also occupy the unit next to it.
-Crabby Chris BBQ is open at 1760 Ocean Shore Blvd, the former location of chupacabras.
-A surf shop is planned for the old ABC building at 1368 Ocean Shore Blvd.
LOCAL NOTES
-The Argosy Motel at 1255 Ocean Shore blvd(across from Publix) is being torn down after operating for 61 years. The County purchased the property to develop off beach parking.
-2015 wall Calendars are available at the Ocean View Realty Group office at 1350 Ocean Shore Blvd. Stop in and get one when you can and say hi to our friendly staff.
Ormond By the Sea Florida quarterly condo sales analysis 2014 fourth quarter
This table shows the condos sold on Ormond By The Sea Florida for the Fourth 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS)
| Year | #Sales | Low $ | High $ | Average | Average ask $ | Average Sq. Ft | Price/Sq. Ft. avg. $ | Average DOM |
| 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 |
| 2008 | 11 | $150,000 | $292,500 | $199,909 | $225,572 | 1279 | $176 | 206 |
| 2007 | 8 | $198,000 | $830,000 | $393,562 | $429,487 | 1584 | $248 | 232 |
| 2006 | 10 | $117,000 | $750,000 | $346,200 | $371,670 | 1364 | $253 | 91 |
Ormond By The Sea Florida condo sales.
CONTACT OCEAN VIEW If you need information to help you buy, sell or rent your Ormond By The Sea property. Lots of information is available on our web site www.ovrealty.com and our 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 rental information at ovrentals@aol.com Rhonda is our Realtor and can help with buying or selling. Email at ovforsale@aol.com Our general email address is ovrealty@aol.com.