- For Sale $1,700,000
- Property Type VacantLand
- Lot Size 4.9 Acre
- Date Updated Jan 23, 2025
Description
Located on the NEC of N Yonge St (US Hwy 1) & Highland AveOffered 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.
Highlights
- 32 two-bedroom & 32 three-bedroom units
- 64 apartments across 8 two-story buildings
- Fully approved multifamily site in downtown Ormond Beach, FL
- Huge demand for quality rental housing in this area
- Unique opportunity to quickly develop fully approved apartment project
- Walkable to Downtown Ormond Beach, Intracoastal River & Atlantic Ocean
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Contacts
Chris Butera
SVN | Alliance Commercial Real Estate Advisors
Location
Located at 135 N Yonge St, Ormond Beach, FL 32174, this property is part of the Ormond Beach neighborhood and North Central Florida market.
Contact Listing Broker
Chris Butera
SVN | Alliance Commercial Real Estate Advisors
