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500 Ohio ave
Orange City, FL 32763
Approved Multifamily Development Site · Land For Sale
·
9.11 AC
Investment Highlights
- Approved Multifamily Residential Development Land
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 9.11 AC |
| Zoning | Multifamily Residential - Approved for 109 units | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 9.11 AC |
| Zoning | Multifamily Residential - Approved for 109 units |
1 Lot Available
Lot
| Price | $3,264,550 | Lot Size | 9.11 AC |
| Price Per AC | $358,347.97 |
| Price | $3,264,550 |
| Price Per AC | $358,347.97 |
| Lot Size | 9.11 AC |
9.11 acres of undeveloped land in the Orange Beach I-4 Corridor, zoned and approved for 109-unit multifamily residential development - Hidden Oak $29,950/MF Unit (109 units) or $3,264,550 Total
Description
This site is a proposed 109-unit multi-family garden style property located at 500 E Ohio Avenue in Orange City, Florida. The development will consist of 8 two-story apartment buildings situated on a 9.11-acre site, offering a flexible footprint well-suited for a variety of residential product types, including market-rate, age-restricted, or senior living communities. Planned amenities include a clubhouse, pool, grilling/outdoor gathering area, and fitness center, features that resonate with conventional multifamily renters and active adult residents alike. The site is located in South Volusia County, north of the Orlando MSA, with proximity to Halifax Health and AdventHealth medical campuses and convenient access to I-4. The surrounding submarket has experienced consistent population growth driven by an expanding retiree and workforce base, supporting strong demand fundamentals across multiple renter profiles.
Property Taxes
| Parcel Number | 8011-08-29-0150 | Improvements Assessment | $0 |
| Land Assessment | $732,480 | Total Assessment | $732,480 |
Property Taxes
