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Approved Multifamily Project Site
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135 N Yonge St, Ormond Beach, FL 32174

Approved 4.9-acre multifamily project site in Ormond Beach, FL.

Property SizeContact for details
Lot Size4.90 Acres
Days on Market917

Property Features for 135 N Yonge St

General Information

Standard status Active
Lot size 4.90 Acres
Property subtype Land
Zoning PRD
Listing Agency: SVN | Alliance Commercial Real Estate Advisors
Listed By: Chris Butera · License #FL SL3083110
Source: Crexi
Added: Feb 19, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Alliance Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

The Ormond Enclave Apartment Site is a 4.9-acre multifamily project in Ormond Beach, FL, offered for sale. The fully approved project is designed for 64 apartments within 8 two-story buildings. The unit mix includes 32 two-bedroom units, each with 940 square feet, and 32 three-bedroom units, each with 1,177 square feet. All site plan approvals are in place, allowing for immediate construction. Situated along N Yonge St (US Hwy 1), the site is within walking distance of Downtown Ormond Beach, providing access to restaurants, bars, shops, and services. The Atlantic Ocean is located 1.5 miles away. The Ormond Enclave Apartments offer the opportunity to introduce rental housing to the downtown area.

Key Highlights

  • Fully approved multifamily project ready for immediate construction.
  • Located within walking distance of Downtown Ormond Beach.
  • Proximity to the Atlantic Ocean (1.5 miles).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Parking Lot & Garage Pharmacy Law Firm (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,029
Businesses Nearby

Demographics for 32174, FL

53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved 4.9-acre multifamily project site in Ormond Beach, FL.
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.; Located within walking distance of Downtown Ormond Beach.; Proximity to the Atlantic Ocean (1.5 miles).
(386) 453-4789 Call to check price and availability
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