Waterfront - Master on Main - Eco Friendly
Address
501 LEEWAY TRAIL Ormond Beach, FL
Price
$ 794,500
Property Attributes
  • MLS#V4913156
  • TypeSingle Family
  • CountyVOLUSIA
  • CityOrmond Beach
  • AreaOrmond Beach
  • Zip32174
  • StyleSingle Family Residence
  • Year Built1992
  • Taxes4969
  • Price$ 794,500
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage4977
  • Lot Size5.97 Acres
Listing Provided Courtesy Of:
WVAR Reciprocal Office
Property Description

Income-producing property. A true equestrian gem just 10 minutes to the beach. This fully fenced, two-pasture property on the paved section of Leeway Trail spans over 6 cleared, dry acres and currently brings in $4,700/month profit. As you pull in to the oak, elm and maple tree-covered, fully-irrigated front property, you'll notice the freshly painted and landscaped 3/3 main house with an enclosed in-ground pool fully equipped for a hot tub, a two-story apartment building built in 2000 that has been rented continuously for 10+ years, and finally a 2-car oversized 32x35 garage (also 2000) with attached workshop. The 3/3 main house had a new roof installed 2018, boasts exposed beams throughout, a large kitchen recently upgraded with granite counter tops and backsplash, inside laundry/mud room, formal dining opening up to the main living room and a downstairs master suite that you must see to believe. The 20x20 master bedroom is full of natural light and leads to the master bath that includes a HUGE 10x10 walk-in closet. Two oversized bedrooms upstairs have double closets each with their own private balconies. Enclosed in-ground pool (built 2004) has been maintained regularly and is equipped with a newer, energy-efficient pump. Main house and apartments are connected by breezeways on both top and bottom floors. Each apartment suite is a FULL 1/1 with full kitchen and laundry (washer/dryer included) and are rented at $1,400 (lower) and $1,300 (upper) per month with utilities included. Tenants are month-to-month. Both units each have separate, private entrances, porch/balcony, and A/C units. Property has 8 horse stalls (each at $250/month board), 5 tack rooms (one with a ¾ bath included). Back barn equipped with wash pad and cross ties. Entire property is fully field fenced and includes stalls, runs and pasture with man-made pond in North pasture. New water softener installed 2019. Main house roof installed 2017. New well installed 2017. All information intended to be accurate but is not guaranteed.

Price History
1/10/2021 Listed $794,500

General Features

Additional Rooms Family Room, Formal Dining Room Separate, Inside Utility, Interior In-Law Suite, Loft, Storage Rooms
Additional Water Information Groover Branch Creek runs through back of property. Property is fenced prior to water access but can be accessed by foot.
Appliances Dishwasher, Refrigerator, Water Softener
Community Features Stable(s), Horses Allowed
Construction Materials Stucco
Cooling Central Air
Exterior Features Balcony, Fenced, Irrigation System, Sliding Doors, Storage
Facing Direction Northwest
Flooring Carpet, Tile
Garage Spaces 2
Garage Y/N Yes
Heating Electric
Homestead Yes
Interior Features Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Downstairs, Split Bedroom, Walk-In Closet(s)
Levels Two
MLS Area 32174 - Ormond Beach
Minimum Lease Period 6 Months
Other Structures Barn(s), Guest House, Other, Shed(s), Storage
Parking Features Boat, Circular Driveway, Driveway, Garage Door Opener, Guest, Oversized, Workshop in Garage
Patio/Porch Features Covered, Enclosed, Front Porch, Porch, Rear Porch, Side Porch, Wrap Around
Pool Features In Ground, Screen Enclosure
Private Pool Yes
Property SubType Single Family Residence
Property Type Residential
Roof Metal, Shingle
Sewer Septic Tank
Special Listing Conditions None
Status Active
Subdivision Name N/A
Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Township 14
Utilities Private, Sprinkler Well
View Trees/Woods
Water Access Type Creek, Pond
Water Access Y/N Yes
Water Body Name GROOVER BRANCH
Waterfront Features Creek
Year Built 1992
Zoning A-2

Interior Features

Fireplace Features Living Room
Fireplace Y/N Yes
Furnished Y/N Furnished Or Unfurnished
Laundry Features Inside, Laundry Room, Other, Upper Floor
Living Area 4977.00
Total Bedrooms 5

Exterior Features

Building Area Total 7239.00
Foundation Details Slab
Garage Dimensions 32x35
Lot Features Pasture, Zoned for Horses
Lot Size Acres 5.97
Lot Size Square Feet 260053
Vegetation Mature Landscaping
Water Frontage Feet Creek 132
Water View Creek, Pond
Water View Y/N Yes
Waterfront Feet Total 132
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32174

Price
AVG $520K
$790K
Taxes
AVG $3,329
$4,969
Visits
AVG 86
200
Year Built
AVG 2002
1992

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