$699,000 for Sale
w sr-40 , ormond beach, FL 32174
Property Description
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.
Waterfront
Water Name: LITTLE TOMOKA RIVER
Water Description: Creek, River Front
General Information
Sale Price: $699,000
Price/SqFt:
Status: Active
MLS#: V4944420
City: ormond beach
Post Office: ormond beach
County: Volusia
Subdivision: hunters rdg sub ph 1 un 1
Acres: 30.46
Lot Dimensions: 360 x 2681
Size:
Acreage: 30.46 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $6,428
Legal Description: 27-14-31 IRREG PARCEL LYING N & E OF OLD TOMOKA RD & S OF SHADOW CROSSING UT 1 OF HUNTERS RIDGE PH I MB 43 PG 77 & W OF 4.29 AC ON & W OF FP&L R/W EXC 50% SUBSURFACE RIGHTS PER OR 4290 PG 3232-3247 PER OR 7982 PG 1442
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Cody Spaur of LANDSHARK REALTY, Phone: 321-567-7992
