Tuscany Villas

1537 Oceanshore Blvd Ormond Beach, FL 32176

1537 Oceanshore Blvd, Ormond Beach, FL, 32176
1537 Oceanshore Blvd, Ormond Beach, FL, 32176
FOR SALE
Property Type:
Multifamily Land
Amount:
$2,800,000
Last Verified:
May 09, 2024

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Highlights

  • .68 Acre commercial land
  • 100' Oceanfront Property
  • Condo/Multifamily Redevelopment Possibilities
  • R-8 Zoning | PUD rezoning required

Description

The team at Lightle Beckner Robison, Inc. is excited to present the sale of Tuscany Villas, a potential five story, fifteen unit oceanfront property. The conceptual site plan will require a PUD rezoning and a pre application process to determine the density allowed. This site offers viable opportunities for developers looking to get into Florida's growing market. Located with direct A1A frontage and just 8 miles from Interstate 95, this site offers easy access to St. Augustine jsut to the north and Daytona Beach just a few miles south.

Located just north of Daytona Beach approximately 8 miles east of I-95 off of A1A in Volusia County. This oceanfront property offers great access to the beaches and surrounding attractions.

Lot Size: 0.68 acres

Map of 1537 Oceanshore Blvd, Ormond Beach, FL, 32176

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What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.