240 Washington Place, Ormond Beach, FL 32174

Price: $139,9k | ARV: $190k

Fast Funding Available • Hard Money Financing

ORMOND BEACH | INVESTOR OPPORTUNITY | PRIME LOCATION

2 BED / 1 BATH
600 Sqft.
Vinyl Siding
Year Built 1926

WHY THIS DEAL MAKES SENSE
✔️ Prime Ormond Beach location with strong land value
✔️ Multiple potential strategies: redevelopment, renovation, or commercial conversion
✔️ Conveniently located just off S. Yonge Street
✔️ Minutes from the beach, river, schools, and shopping
✔️ Excellent visibility and accessibility from a major road
✔️ Flexible property profile for investors, builders, or developers
✔️ Sold As-Is, allowing investors to execute their own value-add strategy

INVESTMENT POTENTIAL
✔️ Residential renovation opportunity
✔️ Potential redevelopment site
✔️ Potential commercial conversion
✔️ Possible salon, daycare, office, retail, or assisted living use, subject to zoning and all required approvals
✔️ Land value creates additional upside beyond the existing structure

PROPERTY HIGHLIGHTS
✔️ 2 bedrooms / 1 bathroom
✔️ 600 Sqft.
✔️ Single-family residence
✔️ Prime location near S. Yonge Street
✔️ Strong access to surrounding amenities
✔️ Flexible site with multiple potential uses

LOCATION = VISIBILITY + ACCESS
Located just off S. Yonge Street in Ormond Beach, this property offers convenient access to the beach, river, schools, shopping, and major local amenities. Its location and land profile create an opportunity for investors and builders looking beyond a traditional residential strategy.

IDEAL FOR
Redevelopment / Value-Add / Commercial Conversion / Rental Investment / Builder Opportunity

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