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145 N Yonge Street, Ormond Beach, FL 32174

$1,700,000

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Property 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. Fully approved multifamily site in downtown Ormond Beach, FL64 apartments across 8 two-story buildings32 two-bedroom & 32 three-bedroom unitsWalkable to Downtown Ormond Beach, Intracoastal River & Atlantic OceanHuge demand for quality rental housing in this areaUnique opportunity to quickly develop fully approved apartment project

145 N Yonge Street | MLS# 1119797

This land located at 145 N Yonge Street, Ormond Beach, FL 32174 is currently listed for sale with an asking price of $1,700,000. The property has approximately 4.90 Acres. Search Ormond Beach real estate on aassociate.watsonrealtycorp.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 4.90 Acres
Taxes: $25,109

Feature Descriptions

Days on Site: 831
Directions: Located on the NEC of N Yonge St (US Hwy 1) & Highland Ave
HOA Y/N: Yes
Lot Dimensions: 4.9 AC
Parcel #: 4215-04-01-0270
Property Attached Y/N: No
Property Sub-Type: Unimproved Land

Listed By / Shown By

Listed By

Agency Name: SVN Alliance Commercial Real Estate Advisors

Shown By

Agent Name: Andy Associate
Agent Phone: (904) 555-5555
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 11,024.02 per month $8,435.77 Principal & Interest $2,092.42 Property Tax $495.83 Homeowner's Insurance

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