🏆 TOP OPPORTUNITY
Expired/Re-engagement
KEY DETAILS
Property Type
Residential
Lot Size
8,615 Sq Ft
Living Area
2,810 Sq Ft
Year Built
1989
Bedrooms / Baths
3/2
List Date
02/24/2025
Last Price Change
03/17/2025
List Price
$489,900
55 Bay Pointe Dr, Ormond Beach, Florida 32174
Ormond Beach, FL 32174
Residential | Built 1989 | 3/2 | 2,810 Sq Ft
Property Rank
#270
of 10 Selected
Overall Score
92
/100
ELITE
Estimated Market Value
$672,162
$239 / Sq Ft
List Price
$489,900
Equity Spread
$182,262
27.1% Below Market
Discount Pct
27.1%
A+ Grade
Days on Market
84
Expired/Re-engagement
Investment Summary
55 Bay Pointe Dr, Ormond Beach, Florida 32174 in Ormond Beach, Florida is priced below market based on subdivision comps and benchmark analysis. The current discount of 27.1% with 84 days on market supports a expired/re-engagement profile.
92
ELITE
LOCATION & MARKET SNAPSHOT
City
Ormond Beach
ZIP Code
32174
Subdivision
PLANTATION BAY PH 01A UNIT 01-6
Asset Class
RESIDENTIAL
Benchmark Level
Subdivision
Comp Count
10
Market Position
Below Selected Benchmark
DOM Category
Moderate
Coordinates
29.3892700, -81.1567260
Value Breakdown
Benchmark Level
Subdivision
Estimated Market Value
$672,162
List Price
$489,900
Equity Spread
$182,262
Discount Percentage
27.1%
Confidence Level
High
Based on 10 comps using Subdivision benchmark logic.
MOTIVATION SIGNALS
Price Reduction
$10,000
2.0%
Days on Market
84 days
Moderate
Price vs Market
27.1% Below Benchmark
Equity Potential
$182,262
IDEAL FOR
Flip
Buy & Hold
Rental
LISTING CONTACT
Agent Name
Brannon Owens
Agent Phone
386-281-9310
Agent Email
j.b.owens@kw.com
Office Name
KELLER WILLIAMS RLTY FL. PARTN
Office Phone
386-944-2800
Office MLS ID
96900