W Sr-40, Ormond Beach, FL 32174
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
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 townhome development that can be delivered engineered/ permit ready for an additional cost or the buyer can take over approvals.
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Home facts
- Listing ID #:V4944420
- Added:63 day(s) ago
- Updated:December 30, 2025 at 01:18 PM
Structure and exterior
- Lot area:7 Acres
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)
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