''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. 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, and a separate 1 bed 1 bath guest cottage it is perfect for families with in law needs, long term guests-ORCASHFLOW 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
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Based on information from the DABMLS from 2020-02-29 12:44:29. DABMLS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the DABMLS may not reflect all real estate activity in the market.
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