W Sr-40
Ormond Beach, FL 32174

Listed at $699,000

Details

  • MLS# V4944420
  • Land - Residential
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 30.460 acres
  • Built in 0
  • Local Schools

Description

This 30.46-acre parcel on Old Tomoka Road offers an exceptional development opportunity within the prestigious Hunter's Ridge DRI. With approximately 15.56 acres of uplands and the serene Little Tomoka River running through the property. This site is perfect for a residential development with DRI approvals for up to 50 units, making it ideal for apartments, condos, or townhomes. Zoned for both residential and commercial use, this versatile property provides endless possibilities for developers. Utilities are readily available, with a water main at Shadow Crossing and sewer access at Valencia. The parcel boasts a prime location just 3 miles...read more from I-95, ensuring easy access for future residents or businesses, and benefits from an average of 13,000 vehicles daily, providing excellent visibility. Surrounded by natural beauty and located in a rapidly growing area, this property is priced to sell fast, making it a must-see for investors and developers alike. Seller has plans for a 38 unit townhome development that can be delivered engineered/ permit ready for an additional cost or the buyer can take over approvals.

Features

  • $6,428 Taxes
  • Public
View All Features

Contact the Agent

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All Property Features

  • Property Type: Land - Residential
  • Association Amenities: Clubhouse, Pool
  • Body of Water: LITTLE TOMOKA RIVER
  • Days on Site: 131
  • Directions: Take 40 west of I-95, property is on the N side of the Old Tomoka Rd Right of Way. If you go past Shadow Crossing Blvd, you've gone to far.Name Office
  • Flood Zone Code: AE
  • HOA Y/N: Yes
  • Home Warranty Y/N: No
  • Listing Terms: Cash, Conventional, Other, Private Financing Available
  • Lot Description: Buildable, Conservation Area, Environmental Restricted Area, City Limits, Near Golf Course, Near Public Transit, Oversized Lot, Wooded
  • Lot Dimensions: 30.46
  • Lot Size: 30.46 Acres
  • Ownership: Fee Simple
  • Pets Allowed: Yes
  • Property Attached Y/N: No
  • Sewer: Public Sewer
  • Showing Instructions: Go Direct
  • Special Sale Provisions: None
  • Special View Info: Water
  • Taxes: $6,428
  • Utilities: Cable Available, Electricity Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby
  • Vegetation: Wooded
  • Water: Public
  • Water Access: Creek, River
  • Water Access Y/N: Yes
  • Waterfront Features: Creek, River Front
  • Water View: Creek, River
  • Zoning: PUD