56 Plaza Dr

$374,900, 5 Beds 4 Baths 3,800 Sqft .23 Acres

About This Property

'Welcome to The Grove House on the Coast''! This charming property, a spectacular piece of Ormond Beach and old Florida history presents incredibly unique and profitable opportunities. Originally built in the late thirties, it was the FIRST home on Plaza Drive, was riverfront, and stood high on the dunes over orange groves spanning all the way to the ocean. The property includes an artfully crafted separate 'watermans cottage'- secluded, private, and spacious. Lovingly cared for over the years, this multi feature property, sitting on a DOUBLE LOT, presents endless possibilities between primary domicile and fantastic cash flow. Currently set up as 3 living units - a 3 bedroom, 2 bath vaulted ceiling home upstairs with original fireplace, 1 bedroom 1 bath in law suite downstairs, (cont)>and a separate 1 bed 1 bath guest cottage it is perfect for families with in law needs, long term guests-OR CASHFLOW  all while yielding maximum privacy. The sellers vision for this property was to preserve native Florida construction elements like the beautiful heart pine floors and combine them with modern upgrades of the home's systems including: $8K in electrical upgrades, new roof 3 years ago $19K, $8K in new AC systems (3 yrs), completely replaced septic system and drain field, complete redevelopment of lot site including sump pump water delivery system, renovated in law suite with lap-sealed walls, French Drains, & $40k to create a huge outdoor patio area with optimal materials including 50 yr. marine grade concrete foundation and retaining locking walls  simply amazing functionality & quality of construction. Recent rental income in the $3000/mth range, you can live in and create revenue with this wonderful property

Essential Information

MLS® #1068311
Price$374,900
Bedrooms5
Bathrooms4.00
Full Baths4
Square Footage3,800
Acres0.23
Year Built1940
TypeResidential
Sub-TypeSingle Family
StyleBungalow
StatusActive

Community Information

Address56 Plaza Dr
Subdivision99 - Other
CityOrmond Beach
CountyVolusia
StateFL
Zip Code32176

Area

17 - Ormond Beach Peninsula N of 40

Amenities

FeaturesWorkshop, In-Law Suite

Garages

Oversized, Driveway Only, RV/Boat

Interior

InteriorCarpet, Tile, Wood
AppliancesCooktop, Range
HeatingCentral
CoolingCentral
FireplaceYes
Stories2 Stories

Interior Features

1 Bedroom Down, Fireplace, Split Bedroom, Volume Ceiling, Inside Laundry

Exterior

Lot Description109x92, 0 to 1/2 acres
RoofShingle
ConstructionConcrete Block, Frame

Exterior Features

Fenced Yard, Outbuilding, Utility Shed

Listing Details

OfficeRealty Pros Assured

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56 Plaza Dr, Ormond Beach (MLS® #1068311) Property History

Price Reduced from $382,000 to $374,900

© 2020 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.

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