76 Hunters Ridge Boulevard, Ormond Beach, FL 32174 (MLS# 1020188)

76 Hunters Ridge Boulevard, Ormond Beach, FL 32174

$1,000,000
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

Location, Tax, and Legal

Tax Account
5677992
Parcel Number
22-14-31-0000-01010-0120
General County Location
Out of Brevard
Tax Annual Amount
5360.15
Tax Year
2023
Tax Legal Description
8.33 AC LYING SLY OF AIRPORT RD WLY OF HUNTERS RIDGE BLVD NLY ALONG HUNTINGTON WOODS AT HUNTERS RIDGE PHASE I OR 2099/15
Directions
From 40, Right onto Airport Rd, go to the roundabout and the site is on the SW corner. or Airport Rd & Hunters Ridge Blvd.

Currently Not Used

Pool Private YN
No

Current Use

Commercial
Yes

Electric

Underground
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes
Lease Purchase
Yes
Owner May Carry
Yes
Private Financing Available
Yes

Lot Features

Corner Lot
Yes
Split Possible
Yes
Wooded
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

County Road
Yes

Road Surface Type

Asphalt
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Water Source

Public
Yes

Development Status

Site Plan Approved
Yes
See Remarks
Yes

Showing Requirements

Other
Yes
Listing Office: Landshark Realty
Last Updated: December - 27 - 2024
Information is deemed to be reliable, but is not guaranteed.

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