Search

145 N Yonge Street, Ormond Beach, FL 32174

$1,700,000
Property Type: Land Lot Size (sq. ft.): 213,444 Status: Active
Current Price: $1,700,000 List Date: 2/19/2024 Last Modified: 1/26/2026

Description

Offered for sale is the Ormond Enclave Apartment Site, a fully approved multifamily project in Ormond Beach, FL. This 4.9 acre site has been designed for 64 apartments across 8 two-story buildings. The project has 32 two-bedroom units (940 SF) and 32 three-bedroom units (1,177 SF). All site plan approvals are in hand and you can start construction immediately. Located along N Yonge St (US Hwy 1) the site is within walking distance of Downtown Ormond Beach and its numerous restaurants, bars, shops and services. The Atlantic Ocean is just 1.5 miles away. The Ormond Enclave Apartments represents a unique opportunity to bring much needed rental housing to the downtown area.

Supplements: Fully approved multifamily site in downtown Ormond Beach, FL 64 apartments across 8 two-story buildings 32 two-bedroom & 32 three-bedroom units Walkable to Downtown Ormond Beach, Intracoastal River & Atlantic Ocean Huge demand for quality rental housing in this area Unique opportunity to quickly develop fully approved apartment project

More Information MLS# 1119797

General Property Information

Lot Size Acres: 4.9 Lot Size Dimensions: 4.9 AC Association YN: Yes Association Fee 2: 0 Pool Private YN: No Water Body Access YN: No Directions: Located on the NEC of N Yonge St (US Hwy 1) & Highland Ave Public Remarks: Offered for sale is the Ormond Enclave Apartment Site, a fully approved multifamily project in Ormond Beach, FL. This 4.9 acre site has been designed for 64 apartments across 8 two-story buildings. The project has 32 two-bedroom units (940 SF) and 32 three-bedroom units (1,177 SF). All site plan approvals are in hand and you can start construction immediately. Located along N Yonge St (US Hwy 1) the site is within walking distance of Downtown Ormond Beach and its numerous restaurants, bars, shops and services. The Atlantic Ocean is just 1.5 miles away. The Ormond Enclave Apartments represents a unique opportunity to bring much needed rental housing to the downtown area. List Price/Acre: 346938.78

Location, Tax, and Legal

Country: US Parcel Number: 4215-04-01-0270 Tax Annual Amount: 25109 Tax Year: 2023 Tax Legal Description: 15-14-32 A PORTION OF THE WESTERLY 840 FT OF LOT D RIVER LOT 9 & A PORTION OF LOT D RIVER LOT 9 1/2 & A PORTION OF LOT D & ALL OF LOT E RIVER LOT 11 1/2 ASSESSORS SUB OF RIVER LOTS 1 THRU 14 ORMOND PB 3 PG 124 MB 16 PG 62 & INC LOTS 25 THRU 27 EMMONS SUB PB 6 PG 100 MB 6 PGS 64 & 65 & INC LOTS 1 THRU 11 BLK 2 MAYO SUB OF RIVER LOT NO 6 PB 2 PG 124 MB 12 PG 51 PER OR 6450 PG 4134 PER OR 7707 PG 163 PER OR 7151 PG 3687 PER OR 6450 PG 4136 PER OR 7988 PG 4838

Current Use

Commercial: 1 Multi-Family: 1 Unimproved: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): PRD; Lot SqFt: 276867.00; Franchise Opt In: No

Contract Information

Current Price: $1,700,000 Property Sub Type: Unimproved Land Status: Active List Price: $1,700,000 Listing Contract Date: 2024-02-19

Location Tax and Legal

Street Number: 145 Street Direction Prefix: N Street Name: Yonge Street Suffix: Street County: Volusia State: FL Postal Code: 32174 MLS Area Major: 44 - Ormond N of 40, S Tomoka River, E of US1 Subdivision Name: Not In Subdivision

Status Change Information

Major Change Timestamp: 2024-02-19T15:47:59Z Major Change Type: New Listing

Property Features

Current Use: Commercial; Multi-Family; Unimproved
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: January - 26 - 2026
Information deemed reliable but not guaranteed.

Compare listings

Compare