Condominium at 1275 OCEAN SHORE BLVD #P3, ORMOND BEACH
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30 photos

$432,000

1275 OCEAN SHORE BLVD #P3
ORMOND BEACH, FL 32176
Bedrooms
2
Bathrooms
2
Living area
1,013 sqft
Year built
1981

About this home

Spectacular Oceanfront Penthouse in Ormond Beach – Prime Investment Opportunity Ideally located in the highly desirable Indies House Condominium, directly across from the stunning East Coast shoreline, this exceptional penthouse offers the perfect blend of lifestyle and income potential. This building stands out as one of the few in the area that allows short-term rentals, making it a rare and highly sought-after investment. Units consistently generate strong income due to year-round demand from visitors across the U.S. seeking a true “endless summer” beach experience. This fully remodeled oceanfront penthouse features direct beach access, impact windows, and modern finishes throughout, providing both comfort and peace of mind. The building has undergone extensive recent upgrades, including a new roof, elevators, concrete restoration, and a beautifully renovated pool. All special assessments have been fully paid by the current owner, offering a turnkey advantage for the next buyer. A rare opportunity to own a high-performing income property in one of Florida’s most desirable coastal destinations, within an impeccably maintained oceanfront community. Weekly rental rates range between $1,200 and $1,500 weekly. During peak season, they range between $2,000 and $2,500 weekly. NO RENTAL RESTRICTIONS

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRO6409882
Property type
Condominium
Subdivision
INDIES HOUSE CONDO
Status
Active
Days on market
122
On market date
May 21, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.77 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
BEACHSIDE ELEMENTARY SCHOOL
2.75 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
566
Student:teacher ratio
13.8:1
District
VOLUSIA
Middle
ORMOND BEACH MIDDLE SCHOOL
1.44 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,029
Student:teacher ratio
19.4:1
District
VOLUSIA
High
PACE CENTER FOR GIRLS
3.1 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
38
Student:teacher ratio
9.5:1
District
VOLUSIA

Walkability

Blended score for ORMOND BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

75
Walkable
out of 100
EPA National Walkability Index
13.3 / 20 -- Above average walkable
Google Places amenity density
88 / 100
Restaurants & cafes19
Grocery stores4
Parks10
Schools3
Transit stops1
Pharmacies1

Market position

How this listing compares to current activity in ORMOND BEACH, from live MLS data.

On the market 122 days -- 31 more days than ORMOND BEACH's current average of 91 days.
For reference, the median list price across 625 active listings in ORMOND BEACH right now is $385,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$2,752/mo
$86,400 down
$345,600 loan
Principal & interest$2,242
Property tax (est.)$360
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.