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400 PALM AVENUE

House For Sale
$314,000

BTC: 3.66308913

ETH: 118.49056604

-$96K (2026/09/19)
488 days
Waterfront
3 bds
3 ba
2,360 sqft

Overview

Short Sale. BANK-APPROVED SHORT SALE - Canalfront Home in Ormond Beach on 73 X 145 LOT. Across the street is a community boat launch. The main house features two bedrooms and two bathrooms, while the mother-in-law suite comprises two rooms, a bathroom, and a mini kitchen. FLOOD ZONE AE. The house flooded twice during unprecedented hurricanes. REPAIRS MADE thereafter. ROOF 2016. 48-hour notice from listing agent to owner - tenant occupied. This bank-approved price is 22 percent less than the market value.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1978
Lot:
0.24 Acres
Heating:
Central
Price/sqft:
$133
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$436,950
$309K – $668K
Confidence Low
List vs. estimate
$122K below estimate
List $314,000 · -28.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$133
-41.5% vs. city median $227
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,039
2024
Waterfront
Canal - Brackish
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 423807200050

    • Zoning: R-4

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,039

  • Source details

    • MLS ID: O6314225

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Direction Faces: South

    • Waterfront: Yes

    • Living Area: 2360

    • Water Source: Well

    • Lot Size Dimensions: 73 x 145

    • Subdivision Name: TOMOKA ESTATES UNIT 05

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SHELL REALTY