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135 Yonge st - Ormond Enclave Apartments 4.9 Acres of Commercial Land Offered at $1,700,000 in Ormond Beach, FL 32174
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
| Price | $1,700,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 4.90 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | PRD - Ormond Beach | ||
| Price | $1,700,000 |
| 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 | $1,700,000 | Lot Size | 4.90 AC |
| Price Per AC | $346,938.78 |
| Price | $1,700,000 |
| Price Per AC | $346,938.78 |
| 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
| Parcel Number | 4215-04-01-0270 | Improvements Assessment | $785,488 |
| Land Assessment | $1,107,468 | Total Assessment | $1,892,956 |
PROPERTY TAXES
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135 Yonge st - Ormond Enclave Apartments
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