The property at 20 Sea Gull Dr is a 3-bed, 2-bath, 1,890 sqft single-family home in Ormond Beach. It's currently valued at around $463K, which is above the neighborhood's average home value of roughly $376K. Recent comps nearby (3-bed homes, 1,500–2,100 sqft) are listed between $392K and $593K, with a median sold price near $414K. The current market is a buyer’s market, and homes are taking longer to sell than last year. This could put some downward pressure on resale prices, especially for homes priced above the local average.
If you’re considering a flip, well, you’ll want to be careful not to over-improve. The home is already on the higher end for price per square foot, so a large renovation might not yield a big return. For sellers, focus on affordable cosmetic updates—fresh paint, landscaping, and modern fixtures—to boost appeal without over-investing. Highlighting the beachside location and move-in ready condition could help attract buyers in a competitive market. If you’re holding, monitor market shifts, as values in Ormond Beach have declined a bit recently.