🏆 TOP OPPORTUNITY
Expired/Re-engagement
KEY DETAILS
Property Type
Residential
Lot Size
9,757 Sq Ft
Living Area
2,463 Sq Ft
Year Built
2017
Bedrooms / Baths
3/3
List Date
04/10/2023
Last Price Change
09/19/2023
List Price
$724,900
648 Southlake Drive, Ormond Beach, Florida 32174
Ormond Beach, FL 32174
Residential | Built 2017 | 3/3 | 2,463 Sq Ft
Property Rank
#1343
of 10 Selected
Overall Score
61
/100
GOOD
Estimated Market Value
$563,441
$229 / Sq Ft
List Price
$724,900
Equity Spread
$0
0.0% Below Market
Discount Pct
0.0%
D Grade
Days on Market
265
Expired/Re-engagement
Investment Summary
648 Southlake Drive, 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 265 days on market supports a expired/re-engagement profile.
61
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
29.3779530, -81.1675960
Value Breakdown
Benchmark Level
Subdivision
Estimated Market Value
$563,441
List Price
$724,900
Equity Spread
$0
Discount Percentage
0.0%
Confidence Level
High
Based on 5 comps using Subdivision benchmark logic.
MOTIVATION SIGNALS
Price Reduction
$10,100
1.4%
Days on Market
265 days
High
Price vs Market
0.0% Below Benchmark
Equity Potential
$0
IDEAL FOR
Flip
Buy & Hold
Rental
LISTING CONTACT
Agent Name
Elizabeth Kargar
Agent Phone
386-585-2904
Agent Email
EKargar@vdrinc.com
Office Name
VENTURE DEVELOPMENT REALTY, INC
Office Phone
386-366-0091
Office MLS ID
253000361