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135 N Yonge St Ormond Beach, FL 32174

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For Sale
$1,700,000

Approved 4.9-acre multifamily site for 64 apartments in Ormond Beach.

Property size:
4 SF
Lot size:
4.90 Acres

Property Features for 135 N Yonge St

General Information

Size
4 SF
Lot size
4.90 Acres
Source: Svn

Listing Agent: Chris Butera

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Approved Multifamily Project Site

Offered for sale is a fully approved multifamily project site located in Ormond Beach, FL. This 4.9-acre site, known as the Ormond Enclave Apartment Site, is designed for 64 apartments housed within 8 two-story buildings. The development plan includes 32 two-bedroom units, each measuring 940 square feet, and 32 three-bedroom units, each offering 1,177 square feet of living space. With all site plan approvals secured, construction can commence immediately. Situated on the northeast corner of N Yonge St (US Hwy 1) and Highland Ave, the location provides convenient access to various amenities. The site is within walking distance of Downtown Ormond Beach, with its diverse array of restaurants, bars, shops, and services. Furthermore, the Atlantic Ocean is just 1.5 miles away. This property presents a unique opportunity to introduce much-needed rental housing to the downtown area, addressing the significant demand for quality rental options in this location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ormond Beach
County
Volusia
State
Florida
Longitude
-81.0635036
Latitude
29.2865306

FAQs

What type of property is this?
Residential land & home lot - Approved 4.9-acre multifamily site for 64 apartments in Ormond Beach.
Where is this residential land & home lot located?
The property is located at 135 N Yonge St Ormond Beach, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - Fully approved multifamily project ready for immediate construction; - Prime location walkable to Downtown Ormond Beach, Intracoastal River, and close to the Atlantic Ocean; - Includes a mix of 32 two-bedroom and 32 three-bedroom units
More about this property
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