Real Estate Investing in Ormond Beach, Florida
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in Ormond Beach, FL? Our answer, based on the numbers below.
For Homebuyers
CAUTION
Grade D (49/100)
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
For Investors
MIXED
3.0 / 5
(52/100)
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
Risks to Know
1 flag
- High vacancy: 16.7% of homes vacant — above national norms.
What’s happening in Ormond Beach, FL?
Click any question — our AI will research it live from the web and show you sources.
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Avg Investability
★★★★★
Avg Home Value
$362,239
Avg Monthly Rent
$2,093
ZIP Codes
2
Market Trends — Ormond Beach, FL
Home Value History
Rent History
Local Pulse Report
AI-researched developments and news for Ormond Beach, FL. Updated on demand as visitors ask.
Growth & development in Ormond Beach, FL Updated 131 days ago
Ormond Beach is experiencing significant development with major mixed-use projects, infrastructure upgrades, and new businesses opening.
Opportunities
- The massive Ormond Crossings mixed-use development, with 2,500 homes, retail, and industrial space, broke ground in January 2026 after two decades of delays. — This project will create numerous housing options, jobs, and diverse commercial opportunities for residents. WKMG, Observer Local News
- The Florida Department of Transportation broke ground in May 2026 on a $340 million reconstruction of the I-95 and US-1 interchange, ahead of schedule. — This will improve safety, alleviate congestion, and support long-term economic growth in the region. Florida Construction News, Florida Politics
- A new $16 million pump station is under construction to combat repeated flooding in storm-prone neighborhoods, expected to be completed in 2027. — This infrastructure project will protect hundreds of homes and improve flood control capabilities. FOX 35 Orlando
- Happy Co. Surf and Coffee opened in Ormond-by-the-Sea in December 2024, redeveloping a former bank building. — This adds a new local business and community gathering spot, utilizing a previously vacant building. Observer Local News
- Ellianos Coffee is opening a new drive-thru location at 341 W Granada Blvd, Ormond Beach, led by local franchisees. — This provides a new convenient coffee option and contributes to local business growth. Ellianos Coffee
Concerns
- Residents voiced concerns in December 2024 regarding traffic, wildlife impact, and flooding from a proposed 31-home subdivision, Little Tomoka Village. — This development could impose unconsented costs on existing residents through increased traffic and environmental strain. Observer Local News
- A new gas station at 699 S. Nova Road is under construction, despite existing gas stations nearby and resident concerns about overdevelopment. — This may contribute to an imbalance in commercial development and potentially increase local traffic and competition. Observer Local News
Bottom line: Ormond Beach is experiencing substantial growth with major residential and infrastructure projects, alongside new business openings.
Local news & events in Ormond Beach, FL Updated 131 days ago
Ormond Beach has seen a mix of positive community engagement and concerning issues, including crime fluctuations, environmental challenges, and resident disputes over living costs.
Opportunities
- Total crime in Ormond Beach decreased by 25.3% in the most recent year compared to the previous one, with violent crime down 50.9% and property crime down 21.4%. — This reduction in crime enhances residents' safety and security, fostering a more peaceful community. AreaVibes
- Ormond Beach's Saddle Up for St. Jude fundraiser in May 2026 raised over $126,000 with 345 riders participating in the poker run. — This event provides a voluntary opportunity for residents to contribute to a charitable cause and engage in community activities. Ormond Beach Observer
- The city offers numerous community events, including the "Swing into Spring Free Concert Series" in May 2026 and an "Independence Day Celebration" in July 2026. — These events provide diverse recreational and social opportunities for residents and visitors, enhancing quality of life. City of Ormond Beach
- Florida's governor accelerated an I-95 interchange upgrade in Ormond Beach, with construction beginning years ahead of schedule. — This infrastructure improvement will likely improve traffic flow and accessibility for residents, reducing travel times. WKMG
Concerns
- Residents of The Falls community voiced concerns to the Ormond Beach City Commission in May 2026 regarding significant lot rent increases and alleged harassment from property management. — Rising lot rents and perceived management issues can impose unconsented financial burdens and diminish residents' sense of security. Ormond Beach Observer
- A 19-year-old man died after being pulled from the water in Ormond Beach, and a 5-month-old baby was killed by a dog near Ormond Beach. — These tragic incidents highlight safety concerns and potential risks within the community, restricting peace of mind. WKMG
- Ormond-by-the-Sea residents reported in January 2026 that two loose pit bulls have been roaming their neighborhood for months, threatening pets and causing fear. — This ongoing issue creates a sense of insecurity and restricts residents' ability to safely enjoy their neighborhood with their pets. FOX 35 Orlando
- Ormond Beach is facing a condo crisis, with some owners experiencing HOA dues surging by 190% and special assessments totaling nearly $20,000 since 2022. — These substantial and unconsented cost increases can lead to significant financial hardship and potential displacement for condo owners. WKMG
Bottom line: Ormond Beach is experiencing a mixed period with positive community engagement and crime reduction, alongside significant resident concerns over housing costs and safety issues.
Schools in Ormond Beach, FL Updated 131 days ago
Volusia County Schools achieved its first 'A' rating in 16 years, despite facing declining enrollment and budget adjustments due to school choice programs.
Opportunities
- Volusia County Schools earned its first 'A' grade in 16 years, improving in 10 of 12 FLDOE accountability areas by March 2026. — This indicates significant academic improvement and expanded educational quality for students. District Newsroom Post
- The district's high school graduation rate reached 95.6% for the Class of 2025, the highest in district history. — This demonstrates increased student success and preparation for post-secondary opportunities. District Newsroom Post
- New programs include Cambridge Lower Secondary in six middle schools by Fall 2026 and expanded tuition-free dual enrollment. — These initiatives provide more advanced academic pathways and college credit opportunities for students. District Newsroom Post
- Volusia County Schools expanded online learning with the VFlex+ program for home education students for the 2025-26 school year. — This offers flexible, tuition-free educational options and academic support for a wider range of students. District Newsroom Post
- A new Tomoka Elementary School in Ormond Beach, with increased capacity, broke ground in June 2023 and is projected to open in Fall 2024. — This modern facility provides an improved learning environment and more student stations for the community. District Newsroom Post
Concerns
- The Volusia County School Board approved a tentative budget for 2025-26 that is nearly $361 million less than the previous year. — This significant budget reduction may lead to cuts in programs or services. Observer Local News
- District enrollment has decreased each year since 2022-23, with over 1,400 fewer students expected in 2025-26. — Declining enrollment, partly due to voucher programs, directly impacts state funding and necessitates budget adjustments. Observer Local News
- Volusia County Schools faced a $25 million budget deficit in April 2025, leading to discussions about potential cuts and staffing ratio changes. — This deficit could result in reduced resources or increased class sizes for students. YouTube
- The district is considering relocating the Riverview Learning Center, an alternative program, from Ormond to Holly Hill due to high annual costs of $3 million to maintain the current building. — Relocation could disrupt students and families currently utilizing the Ormond Beach location. Observer Local News
Bottom line: Despite significant academic achievements and program expansions, Volusia County Schools faces ongoing challenges with declining enrollment and budget shortfalls.
Civic & policy in Ormond Beach, FL Updated 131 days ago
Ormond Beach residents face property tax increases and significant state-level property tax reform discussions, alongside local zoning and environmental policy changes.
Opportunities
- Volusia County permanently designated a section of Ormond Beach as dog-friendly in April 2025, from Rockefeller Drive to Andy Romano Park. — This expands recreational opportunities for dog owners and visitors. WFTV
- The City Commission approved an amendment to its Land Development Code in January 2025, requiring at least 50% native plants in new developments' landscaping. — This promotes local biodiversity and supports environmental sustainability. Observer Local News
- The Ormond Beach City Commission unanimously voted to stop adding fluoride to the city's water supply in January 2025. — This allows residents personal choice regarding fluoride consumption in their drinking water. Observer Local News, WKMG
- The Ormond Beach Planning Board approved a new 31-home subdivision, "Little Tomoka Village," in December 2024, addressing a housing need. — This increases housing supply and offers more single-family home options for residents.
Concerns
- Ormond Beach is pursuing a 7.66% property tax rate increase for the 2025-2026 fiscal year, approved in August 2025, primarily for public safety. — This imposes increased costs on property owners without direct consent.
- Florida's proposed property tax reform (House Joint Resolution 203), if approved by voters, could cause Ormond Beach to lose $11.2 million in revenue, impacting future budgets (March 2026). — This could lead to cuts in city services or new fees to offset lost revenue, imposing unconsented costs or reduced services.
- The City Commission approved 254 homes for the Tomoka Reserve development in March 2026, despite significant citizen opposition and a multi-million dollar lawsuit. — This decision went against documented local opposition and could impact the character of the Tomoka Oaks subdivision.
- Local governments, including Ormond Beach, are constrained by Florida Senate Bill 180 until October 2027, which prohibits making land development regulations more restrictive or enacting moratoriums. — This limits the city's ability to respond to resident concerns about certain types of development, potentially leading to unwanted land uses.
Bottom line: Ormond Beach residents are experiencing rising property taxes and potential future financial shifts due to state-level reform, alongside ongoing development and environmental policy adjustments.
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
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Property managers serving Volusia County
Manage rentals here? List your business →Tempest Community Management
Port Orange, FL
Tempest Community Management provides top-level, personalized management services for community associations of all sizes, focusing on client collaboration and homeowner experience. summary from their website
HOA
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Continental Property Services, Inc.
Daytona Beach, FL
Continental Property Services offers apartments for rent in Daytona Beach, Florida, including The Breakers, Indigo Pines, Oaks Of Lakebridge, and Sailpoint Bay. summary from their website
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Daytona Property Management
Daytona Beach, FL
Daytona Property Management provides property management services. summary from their website
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
Avg Home Value
$362,239
Avg Monthly Rent
$2,093
1% Rule
✗ Below
Landlord Friendly (FL)
★★★★★
🎓 Colleges & Universities in Ormond Beach
1 College
199 Students
Neighborhoods in Ormond Beach
ZIP Codes in Ormond Beach, FL
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View PlansFrequently Asked Questions About Ormond Beach, FL
What is the investability score for Ormond Beach, FL?
With a 3.0/5 investability score, Ormond Beach, FL ranks as a solid market for rental property investors. Median prices of $362K and rents of $2,093/mo drive the underlying numbers.
Is housing expensive in Ormond Beach, FL?
Typical homes in Ormond Beach, FL go for around $362K. The 5-year CAGR of 0.0% measured price movement.
Where do rents currently stand in Ormond Beach, FL?
Expect rents around $2,093/mo per month in Ormond Beach, FL. With home values at $362K, the yield math works out to reasonable levels for rental investors.
What is it like being a landlord in Ormond Beach, FL?
Landlord-friendliness in Ormond Beach, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do landlords face vacancy issues in Ormond Beach, FL?
Ormond Beach, FL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
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