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Volusia County Β· Ormond Beach, FL 32174

32174 | πŸ—οΈ High-Potential Redevelopment Site | 7,750 Sq Ft Lot | No HOA | Near Beach & S. Yonge St | 2BR/1BA πŸ’°

$118,000
2
Beds
1
Baths
600
Sq ft
1926
Year built
$102K spread

About this property

2 Bedrooms | 1 Bathroom

Approximately 600 Sq Ft Structure | 7,750 Sq Ft Lot

Built in 1926

Zoning: 13B5

No HOA | Annual Property Taxes: Approximately $1,504

This 2-bedroom, 1-bathroom single-family residence presents a compelling land-value and redevelopment opportunity in Ormond Beach. The property sits on an approximately 7,750-square-foot lot just off S. Yonge Street, providing convenient access to a major roadway and surrounding amenities.

The existing approximately 600-square-foot structure can serve as a starting point for renovation or redevelopment. The property may also offer potential for alternative uses such as a salon, coffee shop, assisted living facility, daycare, retail space, or professional office, subject to applicable zoning, permitting, and municipal approvals.

Its location provides quick access to the beach, river, schools, shopping, and other Ormond Beach amenities. With no HOA and a strategically positioned lot, this property offers flexibility for investors, developers, and owner-users seeking a value-add opportunity.

We Offer Hard Money Loans.

Property snapshot

Layout2 Bed / 1 Bath
Living area600 sq ft
Year built1926
Property typeCommercial
CountyVolusia County

Deal details

Asking price$118,000
ARV estimate$220,000
Spread (ARV βˆ’ asking)$102,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$118K
ARV est.
$220K
Spread
$102K
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M
Ms. Meriam
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