Overview
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About this home
2040 Ocean Shore Blvd is a 1951-built home in Colonial Realty Companys, Ormond Beach. Listed at $2,700,000 (about $532/sqft), 35 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Rare 1.02-acre oceanside parcel directly across A1A from the Atlantic with an existing multi-unit building and a completed conceptual and engineering plan set (The Performance Group, April 2026) for a 12-unit private-road townhome community. Zoned R-8 with Future Land Use UHI (Urban High Intensity), the site supports density well beyond the 12 units shown. Flood Zone X. 226 feet of frontage. Hold, reposition, or build a shovel-ready project -- buyer's choice.
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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
$2,700,000
$532 per sq ft
Size
5,072 sq ft
Time on market
35 days
Year built
1951
Monthly payment
About $16,756/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $15,892 annual tax bill, insurance.
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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