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135 Yonge st
Ormond Beach, FL 32174
Ormond Enclave Apartments · Land For Sale · 4.90 AC

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INVESTMENT HIGHLIGHTS

  • Fully approved multifamily site in downtown Ormond Beach, FL
  • 32 two-bedroom & 32 three-bedroom units
  • Huge demand for quality rental housing in this area
  • 64 apartments across 8 two-story buildings
  • Walkable to Downtown Ormond Beach, Intracoastal River & Atlantic Ocean
  • Unique opportunity to quickly develop fully approved apartment project

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 4.90 AC
No. Stories 1
Zoning PRD - Ormond Beach

1 LOT AVAILABLE

Lot

Price $2,373,064 CAD
Price Per AC $484,298.79 CAD
Lot Size 4.90 AC

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4215-04-01-0270
Land Assessment
$1,553,379 CAD
Improvements Assessment
$1,101,757 CAD
Total Assessment
$2,655,136 CAD
  • Listing ID: 30994035

  • Date on Market: 2024-02-19

  • Last Updated:

  • Address: 135 Yonge st, Ormond Beach, FL 32174

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