Ormond Enclave Apartments, a fully approved multifamily site

135 N Yonge St Ormond Beach, FL 32174

135 N Yonge St, Ormond Beach, FL, 32174
Aerial Boundary
135 N Yonge St, Ormond Beach, FL, 32174 135 N Yonge St, Ormond Beach, FL, 32174 135 N Yonge St, Ormond Beach, FL, 32174 135 N Yonge St, Ormond Beach, FL, 32174
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,700,000
Last Verified:
Feb 16, 2024

Highlights

  • 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

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.

Located on the NEC of N Yonge St (US Hwy 1) & Highland Ave

Lot Size: 4.9 acres


Documents

Ormond Enclave Flyer

Map of 135 N Yonge St, Ormond Beach, FL, 32174

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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