🏆 TOP OPPORTUNITY
Expired/Re-engagement
KEY DETAILS
Property Type
Residential
Lot Size
9,104 Sq Ft
Living Area
2,091 Sq Ft
Year Built
2016
Bedrooms / Baths
3/2
List Date
01/03/2025
Last Price Change
07/21/2025
List Price
$520,000
621 Elk River Dr, Ormond Beach, Florida 32174
Ormond Beach, FL 32174
Residential | Built 2016 | 3/2 | 2,091 Sq Ft
Property Rank
#843
of 10 Selected
Overall Score
69
/100
GOOD
Estimated Market Value
$478,342
$229 / Sq Ft
List Price
$520,000
Equity Spread
$0
0.0% Below Market
Discount Pct
0.0%
D Grade
Days on Market
244
Expired/Re-engagement
Investment Summary
621 Elk River Dr, Ormond Beach, Florida 32174 in Ormond Beach, Florida is priced below market based on subdivision comps and benchmark analysis. The current discount of 0.0% with 244 days on market supports a expired/re-engagement profile.
69
GOOD
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
5
Market Position
Near Benchmark
DOM Category
High
Coordinates
29.3751600, -81.1700190
Value Breakdown
Benchmark Level
Subdivision
Estimated Market Value
$478,342
List Price
$520,000
Equity Spread
$0
Discount Percentage
0.0%
Confidence Level
High
Based on 5 comps using Subdivision benchmark logic.
MOTIVATION SIGNALS
Price Reduction
$129,500
19.9%
Days on Market
244 days
High
Price vs Market
0.0% Below Benchmark
Equity Potential
$0
IDEAL FOR
Flip
Buy & Hold
Rental
LISTING CONTACT
Agent Name
Deborah Spelman
Agent Phone
386-690-6511
Agent Email
dspelman@vdrinc.com
Office Name
VENTURE DEVELOPMENT REALTY,INC
Office Phone
386-366-0091
Office MLS ID
253000361