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274 Laws Lane, Ormond Beach, FL 32174
$639,900
274 Laws Lane, Ormond Beach, FL 32174View this property at 274 Laws Lane, Ormond Beach, FL 32174
274 Laws LaneOrmond BeachFL32174
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Property Description
Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
Full Property Details
Full Property Details for 274 Laws Ln
General
- Price: $639,900
- Taxes: $5,663 (2023)
- Status: Active
- Type: Triplex
- MLS ID: V4935709
- Updated: 5/2/2024
- Added to Site: 33 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Crown Molding, Ninguno
- Furnishings: Furnished
Rooms
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Outbuilding
Parking
- Parking Features: Off Street
Location
- Area: 32174 - Ormond Beach
- County: Volusia
- Development Name: 32174 - Ormond Beach
- Subdivision: LIBERIA ADD ORMOND FLA
- Driving Directions: from Granada and US1 head south a few blocks to Laws lane on right, go to end of street
School Information
- Elementary School: Pine Trail Elem
- Middle School: Ormond Beach Middle
- High School: Seabreeze High School
Community
- Community Name: 32174 - Ormond Beach
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete
- Roof: Other
- Stories/Levels: Two
- Square Feet: 1,708
- Sq. Ft. Source: Public Records
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,600
- Lot Size: 6600
- Lot Dimensions: 60 x 110
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $5,663.72
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 20 BLK 2 LIBERIA ORMOND MB 2 PG 118 PER OR 4684 PGS 0511-0514 INC PER OR 6268 PG 0851 PER OR 6301 PGS 1427-1428 PER OR 6598 PG 4793 PER OR 8072 PG 3890
- Flood Zone Info: X & AE
- Disclosures/Reports: Lead Paint
- APN: 424108020200
- Property ID: 424108020200
- Block/Lot/Section: 2
Listed by Calnan Real Estate
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Schools
Schools serving 274 Laws Ln
School District:Volusia County School District
Rating | Name | Grades | Distance |
---|---|---|---|
300 Airport Rd, Ormond Beach, FL 32174 | K-5 | 3.2 mi | |
151 Domicilio Ave, Ormond Beach, FL 32174 | 6-8 | 2 mi | |
2700 N Oleander Ave, Daytona Beach, FL 32118 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 274 Laws Ln
Date
Details
Price
Change
Source
4/15/2024
Listed
$639,900
42.2%
MLS
6/25/2021
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 274 Laws Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,664
961%
$358,934
441%
2021
$534
-89%
$66,287
-79%
2022
$5,078
851%
$309,877
374%
2021
$534
8%
$65,372
12%
2019
$494
-1%
$58,205
2%
2018
$501
-3%
$57,120
2%
2017
$516
-2%
$55,945
2%
2016
$528
-3%
$54,794
1%
2015
$547
—
$54,413
1%
2014
$545
-2%
$53,981
-2%
2013
$554
—
$54,914
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 274 Laws Ln
274 Laws Lane, Ormond Beach, FL 32174 (MLS# V4935709) is a Triplex property with 0 bedrooms and 0 full bathrooms. 274 Laws Lane is currently listed for $639,900 and was received on April 15, 2024. Want to learn more about 274 Laws Lane? Do you have questions about finding other Triplex real estate for sale in Ormond Beach? You can browse all Ormond Beach real estate or contact a Coldwell Banker agent to request more information.