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274 Laws Lane

Ormond Beach, FL 32174

– beds
– baths
1,708 sqft
6,600 sqft lot
$322 per sqft
1960 build
– on site

Great New Price! Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.

Listing courtesy of STELLAR_MLS / CALNAN REAL ESTATE

Last checked: Checking… • Last updated Nov 4, 2024 •

MLS# V4935709 —

The Building

Year Built:

1960
New Construction:

false
Construction Materials:

Concrete
Levels:

Two
Roof:

Other
Foundation Details:

Slab
# of Buildings:

1
Building Area Total:

2500
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Furnished
Fireplace:

false

Room Dimensions

Living Area:

1708
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

from Granada and US1 head south a few blocks to Laws lane on right, go to end of street
Latitude:

29.279487
Longitude:

-81.062081
Coordinates:

-81.062081, 29.279487

The Property

Parcel Number:

424108020200
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size Acres:

0.15
Lot Size Area:

6600
Lot Size SqFt:

6600
Lot Size Dimensions:

60 x 110
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

MULTI
View:

false
Exterior Features:

Outbuilding
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X & AE
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

20
Tax Block:

2
Tax Legal Description:

LOT 20 BLK 2 LIBERIA ORMOND MB 2 PG 118 PER OR 4684 PGS 0511-0514 INC PER OR 6268 PG 0851 PER OR 6301 PGS 1427-1428 PER OR 6598 PG 4793 PER OR 8072 PG 3890
Tax Book Number:

MBES-32
Tax Annual Amount:

5663.72

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/V4935709
Virtual Tour URL Unbranded 2:

https://www.zillow.com/view-imx/74f40740-4fb2-4491-9876-802a5b00b06e?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Common Area

Schools

Elementary School:

Pine Trail Elem
Middle Or Junior School:

Ormond Beach Middle
High School:

Seabreeze High School

The Community

Subdivision Name:

LIBERIA ADD ORMOND FLA
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Parking Features:

Off Street

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/14/24 Sep 14, 2024	Price Changed	STELLAR_MLS	$550,000	-8.2%
6/27/24 Jun 27, 2024	Price Changed	STELLAR_MLS	$599,000	-6.4%
4/15/24 Apr 15, 2024	Listed / Active	STELLAR_MLS	$639,900

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This multifamily located in Downtown Ormond Beach, Ormond Beach, FL 32174 is currently for sale for $550,000. 274 Laws Lane is a 1,708 square foot multifamily with – beds and – baths that has been on Estately for 221 days. 274 Laws Lane is in the Downtown Ormond Beach neighborhood of Ormond Beach and has a WalkScore® of 67, making it somewhat walkable. This multifamily is in the attendance area of Seabreeze High School, Pine Trail Elementary School, and Ormond Beach Middle School.

Listing Courtesy of: STELLAR_MLS and CALNAN REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.