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61 Division Avenue

Ormond Beach, FL 32174

$1,050,000 $4,426/Mo

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Overview

Bed

Bath

5,006

Sqft

0.35

Acre(Lot)

Description

LIVE HERE. EARN HERE. INVEST HERE! This one-of-a-kind Ormond Beach property offers a beautifully renovated 4BR/3BA main home PLUS THREE updated apartments--perfect for rental income, multigenerational living, or both! Everything has been redone with NEW ROOFS, HVAC systems, appliances, flooring, cabinetry and more! The three apartments include a 1BR/1BA and two 2BR/1BA units, with separate electrical meters for added convenience. Live in the main home while your rental units generate income! Just ONE BLOCK FROM THE RIVER and minutes from the amazing restaurants, shopping and entertainment along Granada Blvd. Whether you're looking for a beautiful home, an income-producing property, or space for extended family, this property delivers. MOVE-IN READY + INCOME POTENTIAL = A RARE ORMOND BEACH OPPORTUNITY! MUST SEE! (Buyer to verify measurements) MORE THAN A HOME--THIS PROPERTY CREATES OPTIONS! What makes 61 Division Ave truly special is the flexibility it offers. Imagine living in the main residence while having three additional units available to help offset expenses and generate monthly income. Or create a private multigenerational setup where family members can live nearby while still enjoying their own independent spaces. For an investor, the configuration provides multiple rental opportunities on one property. For an owner-occupant, it offers the opportunity to combine homeownership with income-producing potential. The additional units could also provide flexibility as your needs change over time. The separate living spaces provide privacy and independence, while separate electrical meters for the apartments can help simplify rental management. With the extensive improvements already completed throughout the property, much of the heavy lifting has been done. And then there's the lifestyle. Being just one block from the river puts you close to everything that makes Ormond Beach such a desirable place to live. Enjoy nearby dining, shopping and entertainment along Granada Blvd, with the river and all that coastal living offers right around the corner. Properties offering this combination of space, flexibility, location and multiple living units don't come along every day. Whether your vision is to LIVE HERE, INVEST HERE, GENERATE INCOME HERE--or bring generations of your family together--61 Division Ave gives you options. Schedule your private showing and come see the possibilities for yourself. Buyer to independently verify measurements, permitted uses, rental potential, zoning, and all information important to their purchase decision.

Property Details

Property Type : Residential Income

Price : $1,050,000

AD Id : 91370811

MLS Id : 1231014

Beds : 9

Lot Size : 0.35 Acre

Living Area Size : 5,006 Sq. Ft

Tax Amount : $5,569.68

Year Built : 1968

County : Volusia

Map

What's Nearby

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Features

Bedroom Information

Total Bedrooms: 9

Bathroom Information

Total Baths: 7 Full Baths: 6 Half Baths: 1

Water/Sewer

Sewer: Public Sewer
Flooring Information

Laminate
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Electric Range, Electric Oven Laundry Features: Common Area, Multiple Locations
Heating & Cooling

Heating: Central Cooling: Central Air WaterSource: Public
Fireplace

Fireplace: Yes

Building Information

Year Built: 1968 Construction Materials: Block Roof: Shingle
Road Types

Concrete

City Street
Laundry Features

Common Area, Multiple Locations

Lot Information

Lot Dimensions: 70.0 ft x 215.0 ft Lot Description: Other Lot Size Area: 0.35 Acres Lot Square Feet: 15,246 Main Square Feet: 5006

Property Information

Property Type: Residential Income Sub Type: Quadruplex SQ ft (Living Area): 5,006 Subdivision: Village of Melrose MLS Area Minor: 41 - LPGA to Granada, E of Nova Source Neighborhood: Village of Melrose Construction Materials: Block Property Age: 58

Listing Price Information

Listing Id: 1231014 ist Price: $1,050,000 List Price Tot SqFt: $210 Listing Terms Cash, Conventional, FHA
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 4222-09-10-0100 Annual Tax: $5,570 Tax Year: 2025 Taxes: W 70 FT & W 3 FT OF E 30 FT OF S 72 FT OF N 144 FT OF LOT 10 BLK 10 MELROSE ORMOND DB C PG 246 PER OR 4937 PG 3441 PER OR 5632 PG 4835 PER OR 7994 PG 4965 PER OR 8542 PG 1597

Parking Information

Parking Total: 6 Parking Lot

Utility Information

Cable Available, Electricity Connected, Water Connected
Location Information

Direction: Take Beach Street from Granada South and turn right (West) on Division Ave. Home on the right side of the street. Apartment building located in the back of the main home.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
264 Laws Lane, Ormond Beach, FL, 32174	$329,000	4	2	1,266	0.15 Acre
264 Laws Lane, Ormond Beach, FL, 32174	$329,000	4	2	1,266	0.15 Acre
47 & 49 Sandpiper Circl.., Ormond Beach, FL, 32174	$484,900	4	4	2,640	0.12 Acre
47 & 49 Sandpiper Circle, Ormond Beach, FL, 32174	$489,900	4	4	2,640	0.12 Acre

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