Listing provided courtesy of SVN Alliance Commercial Real Estate Advisors- MLS# 1119797MLS Provider

145 N Yonge StreetOrmond Beach, FL 32174

Vacant Land · 4.90 Acres
$1,700,000 Active

145 N Yonge Street Overview

Time on Site:
862 days
Visits:
0

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, 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

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145 N Yonge Street Facts & Features

  • Type Vacant Land
  • Lot 4.90 Acres

Details

General

Association/HOA

  • Association: true

Business Information

  • Current Use: Commercial,Multi-Family,Unimproved

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 44 - Ormond N of 40, S Tomoka River, E of US1
  • MLS Area Minor: 44 - Ormond N of 40, S Tomoka River, E of US1
  • Subdivision Name: Not In Subdivision

Tax Information

  • Tax Annual Amount: 25109.0
  • Tax Year: 2023

General Information

  • Parcel Number: 4215-04-01-0270
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Size Acres: 4.9
  • Lot Size Area: 4.9
  • Lot Size Dimensions: 4.9 AC
  • Lot Size Square Feet: 213444.0
  • Lot Size Units: Acres

145 N Yonge Street Neighborhood

Community

32174 (ORMOND BEACH) Demographics

55
Median Age
404
Population Density (per sq. mile)
41%
College Educated
$56,383
Estimated Median Income
18,340
Estimated Total Home Owners
4,750
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

145 N Yonge Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

145 N Yonge Street Market Data

Based on the last 30 days in this zip code

$557,534
Average List Price
$252
Average Price per Square Foot
175
Properties Sold
102
Average Days on Market
885
Properties for Sale
Calculations provided by Reliance Network