Active

$699,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRV4944420
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$699,000
HOA Fee:
N/A
Tax Amount:
$6428
Price per SqFt:
$2.29
Tax Legal Description:
27-14-31 IRREG PARCEL LYING N & E OF OLD TOMOKA RD & S OF SHADOW CROSSING UT 1 OF HUNTERS RIDGE PH I MB 43 PG 77 & W OF 4.29 AC ON & W OF FP&L R/W EXC 50% SUBSURFACE RIGHTS PER OR 4290 PG 3232-3247 PER OR 7982 PG 1442
Exterior Features
Lot Size:
304966
Lot Features:
Buildable, Conservation Area, Environmental Restricted Area, City Limits, Near Golf Course, Near Public Transit, Oversized Lot, Wooded
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    W SR-40
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