1275 Ocean Shore Blvd APT P3, Ormond Beach, FL, 32176
About This Home
Spectacular Oceanfront Penthouse in Ormond Beach - Prime Investment Opportunity Ideally located in the highly desirable Indies House Condominium, directly across from the stunning East Coast shoreline, this exceptional penthouse offers the perfect blend of lifestyle and income potential. This building stands out as one of the few in the area that allows short-term rentals, making it a rare and highly sought-after investment. Units consistently generate strong income due to year-round demand from visitors across the U.S. Seeking a true ''endless summer'' beach experience.This fully remodeled oceanfront penthouse features direct beach access, impact windows, and modern finishes throughout, providing both comfort and peace of mind. The building has undergone extensive recent upgrades, including a new roof, elevators, concrete restoration, and a beautifully renovated pool. All special assessments have been fully paid by the current owner, offering a turnkey advantage for the next buyer. A rare opportunity to own a high-performing income property in one of Florida's most desirable coastal destinations, within an impeccably maintained oceanfront community. Weekly rental rates range between $1,200 and $1,500. During peak season, they range between $2,000 and $2,500 per week. No rental restrictions.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1981
Materials
- Foundation: Block
- Roof: Concrete
- Construction materials: Block,Concrete
Type & Style
- Home type: Condo
- Architectural style: Traditional
- Property subType: Condominium,Residential
Interior
Appliances
- Appliances included: Refrigerator,Microwave,Electric Water Heater,Electric Range,Electric Oven,Electric Cooktop
Bedroom1
- Level: Main
- Area: 154
- Dimensions: 11.00 x 14.00
Bedroom2
- Level: Main
- Area: 110
- Dimensions: 10.00 x 11.00
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Kitchen Island,Pantry,Primary Bathroom - Shower No Tub,Smart Thermostat,Walk-In Closet(s)
- Door features: Impact Windows
- Flooring: Laminate
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,013 sqft
Kitchen
- Level: Main
- Area: 110
- Dimensions: 10.00 x 11.00
Property
Details
- Parcel number: 323423005030
Features
- Levels: One
- Stories: 1
- Pool features: Fenced
- Exterior features: Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Pool
- On waterfront: Yes
- Waterfront features: Ocean Access,Ocean Front
Parking
- Total spaces: 1
- Parking features: Assigned,Detached,Guest
- Has garage: Yes
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Volusia County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,184 | $26,208 |
| Home Insurance * | $734 | $8,808 |
| Property Taxes | $280 | $3,360 |
| Electricity | $197 | $2,366 |
| Total | $3,395 | $40,740 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-30 | Price change | $432,000 |
| 2025-11-03 | Price change | $424,900 |
| 2025-10-06 | Price change | $448,000 |
| 2025-08-19 | Listed for sale | $465,000 |
For Sale by Agent
View on Zillow