🏆 TOP OPPORTUNITY
Expired/Re-engagement
KEY DETAILS
Property Type
Residential
Lot Size
8,625 Sq Ft
Living Area
2,251 Sq Ft
Year Built
2016
Bedrooms / Baths
3/3
List Date
01/14/2025
Last Price Change
07/02/2025
List Price
$550,000
626 Elk River Dr, Ormond Beach, Florida 32174
Ormond Beach, FL 32174
Residential | Built 2016 | 3/3 | 2,251 Sq Ft
Property Rank
#1051
of 10 Selected
Overall Score
65
/100
GOOD
Estimated Market Value
$514,943
$229 / Sq Ft
List Price
$550,000
Equity Spread
$0
0.0% Below Market
Discount Pct
0.0%
D Grade
Days on Market
181
Expired/Re-engagement
Investment Summary
626 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 181 days on market supports a expired/re-engagement profile.
65
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
29.3754970, -81.1693610
Value Breakdown
Benchmark Level
Subdivision
Estimated Market Value
$514,943
List Price
$550,000
Equity Spread
$0
Discount Percentage
0.0%
Confidence Level
High
Based on 5 comps using Subdivision benchmark logic.
MOTIVATION SIGNALS
Price Reduction
$74,900
12.0%
Days on Market
181 days
High
Price vs Market
0.0% Below Benchmark
Equity Potential
$0
IDEAL FOR
Flip
Buy & Hold
Rental
LISTING CONTACT
Agent Name
Shaun Herness
Agent Phone
321-230-5470
Agent Email
sprhrealestate@gmail.com
Office Name
RE/MAX SIGNATURE
Office Phone
386-673-7001
Office MLS ID
253002570