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    501 Leeway Trail

    Ormond Beach, FL 32174
    • $794,500
    • STATUS: Active
    • ON SITE: 249 days
    • MLS #: 1069543
    UPDATED: 22 min ago
    $794,500
    • 5
      BEDS
    • 5.97
      ACRES
    • 5
      BATHS
    • 1
      1/2 BATHS
    • 7,239
      SQFT
    • $110
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1992
    County:

    School Ratings & Info

    Description

    Income-producing property. A true equestrian gem just 10 mins 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 $3,950/month profit. New water softener installed 2019. New well installed 2017. 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. Garage/workshop roof replaced 2020!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 inground pool (built 2004) has been maintenanced 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 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.

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    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2020-11-29T13:26:59.7.
    www.nicolechapmanre.com/homes/104416501
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    501 Leeway Trail Ormond Beach, FL 32174

    • Price: $794,500
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 1069543
    5
    Beds
    5
    Baths
    1
    ½ Baths
    5.97
    Acres
    7,239
    SQFT
    $110
    $/SQFT
    1992
    Built
    Neighborhood:
    Other
    County:
    Volusia
    Area:
    Ormond Beach W of 95, N of 40
    Property Description
    Income-producing property. A true equestrian gem just 10 mins 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 $3,950/month profit. New water softener installed 2019. New well installed 2017. 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. Garage/workshop roof replaced 2020!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 inground pool (built 2004) has been maintenanced 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 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.
    Exterior Features

    Acreage 5 - 10 Building 2 Stories Construction FrameSidingStucco Cover House Orientation Nw Land Type AgriculturalHorses Permitted Outside Fenced YardIrrigation SprinklerIrrigation WellOutbuildingStableUtility Shed Parking 2 Car GarageDetachedOversizedRv/Boat Porch 2+ Porches/DecksBalconyEnclosedFrontPatioRear Road PavedPrivate Roof MetalShingle Waterfront Canal - Non NavigableLake/Pond

    Interior Features

    Air Conditioning CentralMultiple Units Appliances DishwasherRangeRefrigeratorWater Softener First Floor Slab Floor Covering CarpetTile Heating Central Inside 1 Bedroom DownCeiling FansFireplaceInside Laundry Rooms Bedroom 1Bedroom 2Bedroom 3Dining RoomKitchenLiving Room Sq Ft Total 4977.00 Total Baths 6.00

    Property Features

    Financing Owc - Fha/Va Homestead Exempt Yes Maint Fee 0.00 Maint Fee Paid N/A Miscellaneous In-Law SuiteWorkshop New Builder Home No Sewer Septic Special Conditions None Special Contingency No Sq Ft Source Property Appraiser Style Single Family Tax Year 2019 Taxes 4970.00 Utility For Land Only SepticWell Water Well

    Listing courtesy of Gina Sweringen of Adams, Cameron & Co., Realtors.


    © 2020 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach. Data last updated: 2020-11-29T13:26:59.7.
     
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