ORMOND OWNERS REPORT
Third Quarter 2016
HELLO FROM ORMOND BY THE SEA FLORIDA
Ocean View Condominium Rental Group, Inc. also doing business as Ocean View Realty Group publishes this quarterly newsletter providing out of town Ormond By The Sea home and condo owners a source of local information that they may not otherwise receive.
BUSINESS BRIEFS
– Beachside Brew Pub is now open at 1368 Ocean Shore Blvd, the former ABC liquor building.
– There was a mandatory evacuation prior to Hurricane Mathew and we were without internet, phones and electric for a week after the storm.
LOCAL NOTES
– 2017 wall calendars are now available at the Ocean View Realty Group office. Stop in and
get yours when you are in town while supplies last.
– The Veterans Museum has relocated to the 2nd floor at 166 S Beach St. Daytona Beach.
– Hard Rock may not be coming to Daytona beach. The project is on hold and may be dead.
Hurricane Mathew update
-We made it through Hurricane Mathew and it could have been much worse. There are sections of the dunes that were eroded by the storm and a section of A1A was taken out.
Many trees, signs and fences were destroyed and some homes have damages roofs and
broken windows. Repairs to the road and dunes is underway as is a major effort to remove
all the downed trees. Some oceanfront hotels are closed due to water damage and some are open but the pool areas are closed.
-A1A in Flagler County which sustained major damage in many areas will take much longer. An emergency fix will allow reopening to vehicle traffic as a two-lane road in three to four months. There has been no word as to a more permanent fix.
Ormond By The Sea Florida 3rd Quarter condo market 2016
There are 42 condos for sale in Ormond By The Sea florida as of September 30, 2016 ranging in price from $95,000 to $525,000 with an average asking price of $229,000.
The inventory of condos for sale has remained relatively low only fluctuating up or down by a few over the past several months. There were 53 Ormond By The Sea condos for sale at the beginning of 2012 and 57 at the beginning of 2013. At the beginning of this year there were 51 for sale.
Contact Ocean View Realty Group 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 toll free call 1-800-356-3409. Email for rental information at ovrentals@aol.com. Rhonda Lehnen is our Realtor® and can help with buying or selling ovforsale@aol.com.
Real estate market information is updated on the Ocean View realty Group market watch page. Go there for lots of statistics on homes and condos for sale and sold.
