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1275 OCEAN SHORE BOULEVARD UNIT P3

Condo/Co-op For Sale
$432,000

BTC: 5.10517608

ETH: 163.01886792

137 days
Waterfront
2 bds
2 ba
1,013 sqft

Overview

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 weekly. During peak season, they range between $2,000 and $2,500 weekly. NO RENTAL RESTRICTIONS

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1981
Lot:
1.77 Acres
Heating:
Central
Price/sqft:
$426
Cooling:
Central Air
HOA:
$825

Valuation

Our model vs. what's actually selling nearby.
Estimate
$399,995
$371K – $499K
Confidence Low
List vs. estimate
$32K above estimate
List $432,000 · +8.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$426
+59.1% vs. city median $268
Based on
23 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,963
2025
HOA
$825/mo
Maintenance Structure, Water
Waterfront
Beach
Pets
Allowed
All facts and features
  • Flooring

    • Engineered Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Open Floorplan

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Balcony / Sliding Doors

    Lot

    • Lot: 1.77 Acres

    Other Property Information

    • Parcel Number: 323423005030

    • Zoning: X

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Connected

    • Water Available

  • Other financial information

    • HOA: $825

    • HOA Frequency: Monthly

    • Annual tax amount: $4,963

  • Source details

    • MLS ID: O6409882

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block / Concrete Perimeter

    • Laundry Features: None

    • Direction Faces: Northeast

    • Waterfront: Yes

    • Living Area: 1013

    • Water Source: Public

    • Subdivision Name: INDIES HOUSE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: BELHOUSE REAL ESTATE, LLC