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    Hollow Branch Xing Ormond Beach, FL 32174

    For Sale
    $99,999

    3.16 Acres, Agricultural Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3.16-acre parcel presents a unique development opportunity in Ormond Beach, Florida. Situated on the Tomoka River and Little Tomoka River, this property boasts approximately 450 feet of river frontage, offering stunning, unobstructed water views. Conveniently located near the intersection of SR 40 and I-95 (less than 5 minutes away), this land provides easy access to major transportation routes. Currently zoned Agricultural, the property requires a Planned Unit Development (PUD) for residential development, allowing for possibilities such as townhouses or multifamily housing. The site is part of the gated Tymber Creek subdivision, offering a desirable residential setting without homeowner's association fees. A survey is available for review. The seller is offering a 45-day due diligence period with a fully refundable deposit. Nearby amenities include a swimming pool and tennis courts. The property's APN is 4125-00-00-0180. This is a remarkable chance to acquire a prime riverfront development site in a sought-after location. The asking price is $99,999.

    Property Features for 0 Hollow Branch Xing

    General Information

    Property type
    Land
    Lot Size
    137,650 SF

    HighLights

    • 3.16‑acre development site in Ormond Beach, FL.
    • 450 ft. of Tomoka River frontage with unobstructed water views.
    • Conveniently located less than 5 minutes from SR 40 and I‑95.
    • Agricultural zoning; requires Planned Unit Development (PUD) for residential use.
    • Located within the gated Tymber Creek subdivision (no HOA fees), near a pool and tennis courts.
    • Survey available; 45‑day due diligence period with refundable deposit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1264652
    Latitude
    29.260795

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    FAQs

    What type of property is this?
    Land - 3.16 Acres, Agricultural Zoning, Prime Location
    Where is this land located?
    The property is located at Hollow Branch Xing Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $99,999.
    What are key features of this property?
    This property features: 3.16-acre development site in Ormond Beach, FL.; 450 ft. of Tomoka River frontage with unobstructed water views.; Conveniently located less than 5 minutes from SR 40 and I-95.
    Request Owner's contact information
    Hollow Branch Xing Ormond Beach, FL 32174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hollow Branch Xing Ormond Beach, FL 32174
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