76 Hunters Ridge Boulevard, Ormond Beach, FL 32174

$1,000,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1020188

Property Type: Land Lot Size (sq. ft.): 335,412 Status: Closed

Current Price: $1,000,000 List Date: 7/22/2024 Last Modified: 12/27/2024

Overview

Description

Discover the potential of the Laurel Site, a nearly 7.7-acre commercial land parcel located in the rapidly expanding Hunters Ridge area of Ormond Beach. Approved by DRI for 66,908 square feet of commercial retail/office space, this site offers a prime location nestled between well-established neighborhoods and new phases of development. Hunters Ridge Master Plan Community is a significant Development of Regional Impact (DRI) spanning over 1,976 acres across two counties. This mixed-use development boasts a harmonious blend of residential and commercial spaces. With approximately 1,200 residential units already built and substantial site work completed, the community is thriving. Pre-sales for the next phases, which will accommodate over 1,931 additional residences, are progressing well, highlighting the area's robust growth. Seller will also ground lease, JV, or build to suit. Over 11,000+ rooftops to be constructed in the surround area. Additional commercial sites available.

Supplements: Utilities & Driveway stubbed out to the site.

Listing Details MLS# 1020188

General Property Information

Number Of Lots: Yes
Lot Size Acres: 7.7
Lot Size Square Feet: 335412
Association YN: No
Water Body Access YN: No
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 389610.39
Sold Price/Acre: 129870.13

Property Features

Current Use: Commercial Development Status: Site Plan Approved; See Remarks Electric: Underground Listing Terms: Cash; Conventional; Lease Option; Lease Purchase; Owner May Carry; Private Financing Available Lot Features: Corner Lot; Split Possible; Wooded Possession: Close Of Escrow Road Frontage Type: County Road Road Surface Type: Asphalt Sewer: Public Sewer Showing Requirements: Other Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public

Contract Information

Original List Price: 3000000
Listing Contract Date: 2024-07-22
Property Sub Type: Unimproved Land

Location Tax and Legal

Street Number: 76
Street Name: Hunters Ridge
Street Suffix: Boulevard
County: Flagler
State: FL
Postal Code: 32174
MLS Area Major: 999 - Out of Area
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Discover the potential of the Laurel Site, a nearly 7.7-acre commercial land parcel located in the rapidly expanding Hunters Ridge area of Ormond Beach. Approved by DRI for 66,908 square feet of commercial retail/office space, this site offers a prime location nestled between well-established neighborhoods and new phases of development. Hunters Ridge Master Plan Community is a significant Development of Regional Impact (DRI) spanning over 1,976 acres across two counties. This mixed-use development boasts a harmonious blend of residential and commercial spaces. With approximately 1,200 residential units already built and substantial site work completed, the community is thriving. Pre-sales for the next phases, which will accommodate over 1,931 additional residences, are progressing well, highlighting the area's robust growth. Seller will also ground lease, JV, or build to suit. Over 11,000+ rooftops to be constructed in the surround area. Additional commercial sites available.

Status Change Information

Major Change Timestamp: 2024-12-27T18:48:33Z
Major Change Type: Status Change
Status Change Timestamp: 2024-12-27
Purchase Contract Date: 2024-11-22
Close Date: 2024-12-27
Close Price: 1000000

More Information

Listing Office: Landshark Realty

Last Updated: December - 27 - 2024

Information is deemed to be reliable, but is not guaranteed.