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Sr-40
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PRICED AT ONLY: $699,000

Address: Sr-40 , ORMOND BEACH, FL 32174

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 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.

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  • MLS#: V4944420 ( Land )
  • Street Address: Sr-40
  • Viewed: 138
  • Price: $699,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Creek,River Front
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 104
  • Acreage: 30.46 acres

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 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Buildable, Conservation Area, Environmental Restricted Area, City Limits, Near Golf Course, Near Public Transit, Oversized Lot, Wooded
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Pets Allowed: Yes
  • Road Frontage Type: County Road
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby
Amenities
  • Association Amenities: Clubhouse, Pool
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Subdivision
  • Legal Description: 27-14-31 IRREG PARCEL LYING N & E OF OLD TOMOKA RD & S OF SHADOW CROSSING UT 1 OF HUNTERS RIDGE PH I MB 43 PG 77 & W OF 4.29 AC ON & W OF FP&L R/W EXC 50% SUBSURFACE RIGHTS PER OR 4290 PG 3232-3247 PER OR 7982 PG 1442
  • Area Major: 32174 - Ormond Beach
  • Parcel Number: 4127-00-00-0015
  • Views: 138
  • Zoning Code: PUD
Nearby Subdivisions
Country Acres   Eagle Rock   Forest Grove   Halifax Plantation Sec M2b U   Hand Tr Fitch Grant   Hunters Rdg Sub Ph 1 Un 1   Il Villaggio   Kings Crossing   National Gardens   Not Available - Volusia County   Not In Subdivision   Not On The List   Ormond Beach Estates   Ormond Grant Lt 0114   Ormond Green   Ormond Lakes   Ormond On Bay   Ormond Terrace   Other   Plantation Bay   Plantation Pines   Rima Ridge Ranchettes   Riverbend Acres   Sweetser   Tomoka Oaks   Tuscany  
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