145 N Yonge St Ormond Beach, FL 32174
Estimated payment $11,025/month
About This Lot
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
Listing Agent
SVN Alliance Commercial Real Estate Advisors License #3068067 Listed on: 02/19/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $25,109
Lot Details
- 4.9 Acre Lot
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4215-04-01-0270
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,617 | $1,892,956 | $1,107,468 | $785,488 |
| 2024 | $25,109 | $1,873,569 | $1,107,468 | $766,101 |
| 2023 | $25,109 | $1,537,679 | $827,832 | $709,847 |
| 2022 | $23,753 | $1,449,651 | $827,832 | $621,819 |
| 2021 | $24,657 | $1,401,124 | $822,616 | $578,508 |
| 2020 | $14,550 | $826,542 | $259,835 | $566,707 |
| 2019 | $13,884 | $782,103 | $259,835 | $522,268 |
| 2018 | $14,039 | $769,644 | $259,835 | $509,809 |
| 2017 | $14,464 | $758,398 | $259,835 | $498,563 |
| 2016 | $14,170 | $715,861 | $0 | $0 |
| 2015 | $14,392 | $698,831 | $0 | $0 |
| 2014 | $14,061 | $681,075 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2024 02/19/24 | For Sale | $1,700,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,150,000 | Attorney | |
| Warranty Deed | $400,000 | Attorney | |
| Warranty Deed | $996,000 | -- | |
| Deed | $43,000 | -- |
Source: Daytona Beach Area Association of REALTORS®
MLS Number: 1119797
APN: 4215-04-01-0270
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