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About this home
1275 Ocean Shore Blvd #P3 is a 1981-built home in Indies House Condo, Ormond Beach. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,013 square feet of living space. Listed at $432,000 (about $426/sqft), 149 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $825 monthly.
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
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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.
Price history
Neighborhood
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Sample: 32 closed condo sales in 32176 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. 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
$432,000
$426 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,013 sq ft
Time on market
149 days
Year built
1981
Monthly payment
About $3,708/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,963 annual tax bill, insurance, and the $825/mo HOA fee.
HOA fee
$825/mo
Managed by Sentry Management.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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