Overview
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About this home
400 Palm Ave is a 1978-built home in Tomoka Estates Unit 05, Ormond Beach. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,360 square feet of living space. Listed at $275,000 (about $117/sqft), 502 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Short Sale. BANK-APPROVED SHORT SALE - Welcome Home to 400 Palm Avenue in Ormond Beach, FL. Escape the city limits in Tomoka Estates and embrace true county freedom in this charming 3-bedroom, 3-bathroom, 2,430-square-footcanalfront home. Situated in desirable unincorporated Volusia County, this property offers peace, flexibility, and a canvas for your personal vision. A remodeled interior following past flooding, this home offers endless potential. Enjoy spacious living areas designed for with a generous 73’x145’ lot. This bank-approved price is 32 percent less than the market value. Do you have a vision?
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$275,000
$117 per sq ft
Beds and baths
3 beds, 3 baths
Size
2,360 sq ft
Time on market
502 days
Year built
1978
Monthly payment
About $1,825/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,039 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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