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$1,700,000
Est. payment /mo
213,444 SqFt
UPDATED:
11/26/2024 05:51 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 213,444 sqft
Price per Sqft $7
Subdivision Not In Subdivision
MLS Listing ID 1119797
Originating Board Daytona Beach Area Association of REALTORS®
Annual Tax Amount $25,109
Lot Size 4.900 Acres
Lot Dimensions 4.9
Property Description
Offered for sale is the Ormond Enclave Apartment Site, a fully approved multifamily project in Ormond Beach, FL. This 4.9 acre site has been designed for 64 apartments across 8 two-story buildings. The project has 32 two-bedroom units (940 SF) and 32 three-bedroom units (1,177 SF). All site plan approvals are in hand and you can start construction immediately.
Located along N Yonge St (US Hwy 1) the site is within walking distance of Downtown Ormond Beach and its numerous restaurants, bars, shops and services. The Atlantic Ocean is just 1.5 miles away. The Ormond Enclave Apartments represents a unique opportunity to bring much needed rental housing to the downtown area. Fully approved multifamily site in downtown Ormond Beach, FL
64 apartments across 8 two-story buildings
32 two-bedroom & 32 three-bedroom units
Walkable to Downtown Ormond Beach, Intracoastal River & Atlantic Ocean
Huge demand for quality rental housing in this area
Unique opportunity to quickly develop fully approved apartment project
Located along N Yonge St (US Hwy 1) the site is within walking distance of Downtown Ormond Beach and its numerous restaurants, bars, shops and services. The Atlantic Ocean is just 1.5 miles away. The Ormond Enclave Apartments represents a unique opportunity to bring much needed rental housing to the downtown area. Fully approved multifamily site in downtown Ormond Beach, FL
64 apartments across 8 two-story buildings
32 two-bedroom & 32 three-bedroom units
Walkable to Downtown Ormond Beach, Intracoastal River & Atlantic Ocean
Huge demand for quality rental housing in this area
Unique opportunity to quickly develop fully approved apartment project
Location
State FL
County Volusia
Community Not In Subdivision
Direction Located on the NEC of N Yonge St (US Hwy 1) & Highland Ave
Others
Senior Community No
Tax ID 4215-04-01-0270
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Listed by SVN Alliance Commercial Real Estate Advisors