For Sale
$3,952,500

12 Pearl DrOrmond Beach, FL 32174

16.32 Acres, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 16.32-acre land assemblage presents a rare development opportunity in the heart of Ormond Beach, Florida. Strategically located east of I-95, this property boasts convenient access to Pearl Drive, adjacent to Ameris Bank, and via a dedicated easement near VyStar Credit Union and Zaxby's. The site is ideally situated near a wealth of amenities, including shopping centers (Aldi's, Starbucks, Publix, Walmart, Lowe's, Beall's, Ross, Petco), restaurants (Chick-fil-A, Panera Bread, Chipotle, Wendy's, Dustin's, Taco Bell), banking, medical services, and more, all within a one-mile radius. Less than a mile from I-95, this high, level, and nicely wooded parcel offers significant potential. Currently zoned for assisted living, childcare, and private schools, the future land use designation allows for a mix of residential, office, and retail development. Potential uses include townhomes, apartments, and condominiums, subject to necessary land use and zoning changes. The asking price is $3,952,500, translating to $242,187 per acre. The property's APN is 4230-00-00-0061. This represents the last remaining infill assemblage of its kind in Ormond Beach, making it a truly unique investment prospect. The assemblage includes four parcels with four separate owners. Additional parcel numbers include 4230-00-00-0170 and 4230-00-00-0062.

Highlights

  • 16.32-acre Ormond Beach development site, east of I-95.
  • High and dry, level, wooded parcel.
  • Last available infill assemblage of this size in Ormond Beach.
  • Four-parcel assemblage, four separate owners; APNs: 4230-00-00-0061, 4230-00-00-0170, 4230-00-00-0062.
  • $3,952,500 asking price ($242,187/acre).

Property Details for 12 Pearl Dr

Property type
Land
Lot Size (sq. ft)
710,899 SF

Location Insight

City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.266322
Longitude
-81.1067039
12 Pearl Dr, Ormond Beach, Florida

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12 Pearl Dr
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