W Sr-40, Ormond Beach, FL 32174
- $699,000
- List Price
- $699,000
- Status
- Active
- Days on Market
- 277
- Price Change
- ▼ $300,999 1765856791
- MLS#
- V4944420
- Lot Size
- 304,966
- Acres
- 30.46
- Total Acreage
- 20 to less than 50
- Legal Subdivision Name
- Hunters Rdg Sub Ph 1 Un 1
- MLS Area Major
- Ormond Beach
Property 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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Additional Information
- Taxes
- $6428
- Location
- Buildable, Conservation Area, Environmental Restricted Area, City Limits, Near Golf Course, Near Public Transit, Oversized Lot, Wooded
- Community Features
- No Deed Restriction
- Zoning
- PUD
- Utilities
- Cable Available, Electricity Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby
- Pool
- No Pool
- Water Name
- Little Tomoka River
- Water View
- Creek, River
- Water Access
- Creek, River
- Water Frontage
- Creek, River Front
- Pets
- Allowed
- Flood Zone Code
- AE
- Parcel ID
- 4127-00-00-0015
- 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
Listing courtesy of LANDSHARK REALTY. 321-567-7992
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