749 Atlantic AveOrmond Beach, FL 32176

  • Land
  • 1,722 SF
For Sale
$1,300,000 View listing

Property Details for 749 Atlantic Ave

Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.47 AC
Property size (Sq ft)
1,722 SF
Zone code
B6
Property type
Land
Property subtype
Commercial land
APN
4223-10-01-0060
APU
422310010060

Description

This exceptional 20,425 square foot oceanfront property at 749 S Atlantic Avenue, Ormond Beach, Florida, presents a remarkable development opportunity. Situated in the B-6 Oceanfront Tourist Commercial Zoning District, this vacant lot offers unparalleled flexibility for a variety of projects. The expansive lot, measuring approximately 95 feet by 290 feet, is ideally suited for high-end residential development, including luxury single-family homes or multifamily residential units. Alternatively, its zoning allows for the creation of commercial lodging, catering to the high demand for tourist accommodations in this prime coastal location. The property's location in Ormond Beach, Florida, within Volusia County (zip code 32176), ensures easy access to local amenities and attractions. The combination of flexible zoning, stunning oceanfront views, and a thriving tourism market makes this a compelling investment for developers seeking to capitalize on the area's growth potential. The asking price for this unique property is $1,300,000. This is a rare chance to acquire a significant piece of oceanfront land with exceptional development possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $335,510
    Hospitality
    $307,325
    Educational
    $255,691
    Medical
    $264,484
    Retail
    $397,741
749 Atlantic Ave, Ormond Beach, Florida

Location Insight

City
Ormond Beach
County
Volusia
State
Florida
Latitude
29.2729
Longitude
-81.03
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,804
$919,125
-
$919,125
-
$919,125
-
$919,125

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