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145 N Yonge StreetOrmond Beach, FL 32174

Not In Subdivision · Volusia County

$1,700,000List price
4.90Acre lot
32 months agoOn market

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

Property Information

Property type
Land
Sub-type
Unimproved Land
Lot size
4.90 acres
Lot dimensions
4.9 AC
Days on market
963
MLS® Listing#
1119797

Property Features

Financial Details

HOA
Yes
Annual taxes
$25,109Tax year 2023
Parcel number
4215-04-01-0270

Directions

Located on the NEC of N Yonge St (US Hwy 1) & Highland Ave

Listing Courtesy: SVN Alliance Commercial Real Estate Advisors - 3863107900

Presented by: Carl Lentz

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