ORMOND OWNERS REPORT
First Quarter 2015
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 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 Olive Garden restaurant, opened in 1991 at 880 S. Atlantic Avenue on A1A, has closed.
-O’Hara’s Irish Pub is to now open at 1474 Ocean Shore Blvd., the former Seadrift location.
-A surf shop is planned for the old ABC building at 1368 Ocean Shore Blvd. They are continuing to do lots of work on the building.
– Bank of America at 1280 Ocean Shore is now closed permanently.
LOCAL NOTES
Ormond By the Sea Florida 1st Quarter condo sales analysis
This table shows the condos sold on Ormond By The Sea Florida for the first 3 months of the year through the Daytona Beach Area Realtors@ Multiple Listings Service(MLS).
| Year | # Sales | Low $
Sold |
High $
Sold |
Average $ | Average ask $ | Average Sq. Ft | Price/Sq Ft. avg $ | Average DOM |
| 2015 | 20 | $63,000 | $365,000 | $171,980 | $159,950 | 1332 | $130 | 197 |
| 2014 | 23 | $37,500 | $322,725 | $145,710 | $138,000 | 1214 | $120 | 102 |
| 2013 | 27 | $65,000 | $210,000 | $129356 | $134900 | 1096 | $118 | 98 |
| 2012 | 14 | $48,000 | $300,000 | $139,380 | $156,164 | 1261 | $111 | 94 |
| 2011 | 16 | $40,425 | $284,000 | $144,320 | $152,898 | 1262 | $121 | 94 |
CONTACT OCEAN VIEW If you need information to help you buy, sell or rent your Ormond By The Sea home or condo. 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 from the USA and Canada toll free at 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
You can search the entire Daytona Beach area MLS anonymously from our web site at http://webapps2.planetrealtor.com/idx/pkg_IDX.pr_IDXSearch?sStateID=FL&sRealtorID=1067885&sUserType=R&sSearchStateID=FL&sSearchSource=X