Active

145 N Yonge Street

Ormond Beach FL, 32174

$1,700,000


$7.96 per sqft

Active

4.9 Acres

Land

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

1119797

MLS ID

February 19, 2024

Listed

August 23, 2024

Updated

Map

145 N Yonge Street
Ormond Beach FL, 32174

Exterior/Building Features

Lot Size

4.9 Acres

Other Property Details

Area Name

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


Taxes

$25,109


Tax Frequency

Annually


Days on Market

186


Garage

No


View

No


County

Volusia


Pool

No

 

Courtesy of SVN Alliance Commercial Real Estate Advisors, Carl Lentz,
Listing Contact:  

Information is deemed reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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