145 N Yonge Street, Ormond Beach, FL

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$1,700,000

List Status: Active

145 N Yonge Street
Ormond Beach, FL 32174

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Top Features

Subdivision: Not In Subdivision
Unimproved Land

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

Property Details

Additional Information

Area Major

44 - Ormond N of 40 S Tomoka River E of US1

Area Minor

44 - Ormond N of 40 S Tomoka River E of US1

Bathrooms Total Decimal

0.0

Contract Status Change Date

2024-02-19

Current Use Other10

Commercial, Unimproved, Multi-Family

Days On Market

281

General Property Information Association Fee 2

0.0

General Property Information Association YN

Yes, true

General Property Information Directions

Located on the NEC of N Yonge St (US Hwy 1) & Highland Ave

General Property Information List PriceAcre

346938.78

General Property Information Lot Size Dimensions

4.9 AC

Historical Information Public Historical Remarks 1

Zoning (Text): PRD; Lot SqFt: 276867.00; Franchise Opt In: No

Internet Address Display YN

true

Internet Automated Valuation Display YN

true

Internet Consumer Comment YN

true

Internet Entire Listing Display YN

true

Listing Contract Date

2024-02-19

Location Tax and Legal Country

Location Tax and Legal Parcel Number

4215-04-01-0270

Location Tax and Legal Tax Annual Amount

25109.0

Location Tax and Legal Tax Legal Description4

15-14-32 A PORTION OF THE WESTERLY 840 FT OF LOT D RIVER LOT 9 & A PORTION OF LOT D RIVER LOT 9 1/2 & A PORTION OF LOT D & ALL OF LOT E RIVER LOT 11 1/2 ASSESSORS SUB OF RIVER LOTS 1 THRU 14 ORMOND PB 3 PG 124 MB 16 PG 62 & INC LOTS 25 THRU 27 EMMONS SUB PB 6 PG 100 MB 6 PGS 64 & 65 & INC LOTS 1 THRU 11 BLK 2 MAYO SUB OF RIVER LOT NO 6 PB 2 PG 124 MB 12 PG 51 PER OR 6450 PG 4134 PER OR 7707 PG 163 PER OR 7151 PG 3687 PER OR 6450 PG 4136 PER OR 7988 PG 4838

Location Tax and Legal Tax Year

2023

Lot Size Area

4.9

Lot Size Square Feet

213444.0

Lot Size Units

Acres

Major Change Timestamp

2024-02-19T15:47:59Z

Major Change Type

New Listing