12 Pearl Dr Ormond Beach, FL 32174
- Commercial real estate
- 16.32 lot acres
Current Use by Public Records
- Jimmy Thompson Masonry / Masonry Contractor
Property Details for 12 Pearl Dr
- Lot size
- 16.32 lot acres
- Property type
- Commercial real estate
- APN
- 4230-00-00-0061
Description
This exceptional 16.32-acre land assemblage presents a rare development opportunity in the heart of Ormond Beach, Florida. Strategically located east of I-95, this property boasts convenient access to Pearl Drive, adjacent to Ameris Bank, and via a dedicated easement near VyStar Credit Union and Zaxby's. The site is ideally situated near a wealth of amenities, including shopping centers (Aldi's, Starbucks, Publix, Walmart, Lowe's, Beall's, Ross, Petco), restaurants (Chick-fil-A, Panera Bread, Chipotle, Wendy's, Dustin's, Taco Bell), banking, medical services, and more, all within a one-mile radius. Less than a mile from I-95, this high, level, and nicely wooded parcel offers significant potential. Currently zoned for assisted living, childcare, and private schools, the future land use designation allows for a mix of residential, office, and retail development. Potential uses include townhomes, apartments, and condominiums, subject to necessary land use and zoning changes. The asking price is $3,952,500, translating to $242,187 per acre. The property's APN is 4230-00-00-0061. This represents the last remaining infill assemblage of its kind in Ormond Beach, making it a truly unique investment prospect. The assemblage includes four parcels with four separate owners. Additional parcel numbers include 4230-00-00-0170 and 4230-00-00-0062.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.1067039
- Latitude
- 29.266322
