W Sr-40, Ormond Beach, FL 32174

Ormond Beach
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
W Sr-40,Ormond Beach, FL 32174
$699,000
Virtual Tour
  • 7 Acres
  • Lots / Land
  • Active
Listed by: cody spaur
Office: landshark realty
MLS#:V4944420
Source:MFRMLS

Price summary

  • Price:$699,000

About this home

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...

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Home facts

  • Listing ID #:V4944420
  • Added:154 day(s) ago
  • Updated:March 31, 2026 at 01:32 PM

Structure and exterior

  • Lot area:7 Acres
  • Lot Features:Buildable, Environmental Restricted Area, Near Golf Course, Near Public Transit, Oversized, Wooded
  • Levels:1 Story

Utilities

  • Water:Public, Water Available, Water Nearby
  • Sewer:Public Sewer, Sewer Available, Sewer Nearby

Finances and disclosures

  • Price:$699,000
  • Tax amount:$6,428 (2024)

Features and amenities

  • Amenities:Cable Available, Clubhouse, Electricity Available, Pool
  • Pool features:Pool, Public Pool
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