For Sale
$760,000

3721 Oak Cv PlPort Orange, FL 32129

12-Lot Bulk Sale, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity encompasses twelve buildable lots, totaling 1,764.18 square feet, located at 3721 Oak Cove Place, Port Orange, Florida, 32129. The property is zoned for the development of twelve townhomes, arranged in four buildings of three units each. One building, comprising 1,742 square feet, is already completed and received its Certificate of Occupancy in August. Detailed plans for the second building have been submitted to the City of Port Orange for approval, significantly expediting the construction process. The remaining three buildings are ready for immediate development, presenting a streamlined path to completion. This bulk sale includes all twelve remaining lots from an original sixteen-lot property, conveniently situated just off Nova Road, between Herbert and Dunlawton Roads. The asking price is $760,000, representing a significant value proposition, priced below a November 2019 appraisal. This is a unique chance to acquire a fully developed and partially constructed townhome project in a desirable Port Orange location. Detailed plats are available upon request. This is a rare opportunity to acquire a substantial multifamily development project in a prime location, offering significant potential for immediate returns and long-term growth. The property's proximity to major roadways ensures excellent accessibility and high visibility. This is a turnkey opportunity for a builder or investor seeking a high-yield project with minimal development hurdles.

Highlights

  • Twelve buildable lots totaling 1,764.18 sq ft at 3721 Oak Cove Place, Port Orange, FL 32129.
  • Zoned for twelve townhomes in four three-unit buildings.
  • One building (1,742 sq ft) is complete with a Certificate of Occupancy (August).
  • Plans for a second building are submitted for City approval.
  • Three buildings are ready for immediate development.
  • Bulk sale of twelve lots (from an original sixteen).

Property Details for 3721 Oak Cv Pl

Property type
Land, Apartment buildings
Square Feet
1,742 SF

Location Insight

City
Port Orange
County
Volusia
State
Florida
Latitude
29.134088
Longitude
-81.010797
3721 Oak Cv Pl, Port Orange, Florida

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3721 Oak Cv Pl
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