Jamie Freedman
Price Reduced 30.10%
Price History
$999,999
10/27/2025
$699,000
12/15/2025
W SR-40, Ormond Beach, FL, 32174
This 30.46-acre parcel on Old Tomoka Road offers an exceptional development opportunity within the prestigious Hunter's Ridge DRI. With approximately 15.56 acres of uplands and the serene Little Tomoka River running through the property. This site is perfect for a residential development with DRI approvals for up to 50 units, making it ideal for apartments, condos, or townhomes. Zoned for both residential and commercial use, this versatile property provides endless possibilities for developers. Utilities are readily available, with a water main at Shadow Crossing and sewer access at Valencia. The parcel boasts a prime location just 3 miles from I-95, ensuring easy access for future residents or businesses, and benefits from an average of 13,000 vehicles daily, providing excellent visibility. Surrounded by natural beauty and located in a rapidly growing area, this property is priced to sell fast, making it a must-see for investors and developers alike. Seller has plans for a 38 unit townhome development that can be delivered engineered/ permit ready for an additional cost or the buyer can take over approvals.
Status:
Active
Type:
Lot / Acreage
Subdivision:
HUNTERS RDG SUB PH 1 UN 1
Lot Size:
360 x 2681
Acreage:
30.46
Est. Taxes:
$6,428
Current Use
Subdivision
Utilities
Cable Available, Electricity Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby
Lot Description:
Buildable, Conservation Area, Environmental Restricted Area, City Lot, Near Golf Course, Near Public Transit, Oversized Lot, Wooded
Amenities:
Clubhouse, Pool
Days on Market:
49
Pet Policy:
Yes
MLS #:
V4944420
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of LANDSHARK REALTY 321-567-7992