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.
Property Features
Property Type: Land - Residential
Lot Size: 30.46 Acres
Taxes: $6,428
Feature Descriptions
Association Amenities: Clubhouse, Pool
Body of Water: LITTLE TOMOKA RIVER
Days on Site: 134
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: Buildable, Conservation Area, Environmental Restricted Area, City Limits, Near Golf Course, Near Public Transit, Oversized Lot, Wooded
Lot Dimensions: 30.46
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
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
Listed By / Shown By
Listed By
Agency Name: LANDSHARK REALTY
Agency Contact: 321-567-7992
Shown By
Agent Name: Jamie Deihl
Agent Phone: (719) 468-9744
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 4,110.23 per month $3,370.68 Principal & Interest $535.67 Property Tax $203.88 Homeowner's InsuranceChange Payment Information
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W Sr-40 | MLS# V4944420
This land located at W Sr-40, Ormond Beach, FL 32174 is currently listed for sale with an asking price of $699,000. The property has approximately 30.46 Acres. Search Ormond Beach real estate on jamiedeihl.watsonrealtycorp.com today.