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Volusia County · Ormond Beach, FL 32176

OCEANFRONT TOWNHOME DEVELOPMENT | ORMOND BEACH, FL

$4,375,000
$625K spread

About this property

SHOVEL-READY OCEANFRONT TOWNHOME DEVELOPMENT | ORMOND BEACH, FL 90 Verona Vis, Ormond Beach, FL 32176 Parcel #: 322700020090 Asking: $4,375,000 FULLY ENTITLED + PLATS APPROVED + SURVEYS COMPLETE This is a rare opportunity to acquire a fully improved, development-ready coastal townhome project in one of Volusia County's most desirable beachside corridors. The heavy lifting has already been done. The Final Plat Application confirms: 19 approved dwelling units R-6 zoning UMI future land use Townhome intended use Ormond Beach water & sewer utility providers Plat maps and surveys are completed and included with the deal package, showing the private road layout, drainage, common areas, utility easements, and gated entrance configuration. Prime Beachside Location: Minutes from the Atlantic Ocean Surrounded by established luxury residential communities Strong demand for new coastal townhome inventory Positioned in a high-income, low-supply market Developer Highlights: Significant entitlement and engineering work already completed Existing approvals help avoid years of planning delays Infrastructure planning substantially advanced Ideal for luxury townhome builder or coastal multifamily developer Included Documentation: Final Plat Application Boundary Survey Plat Sheets Title Work Engineering/Survey Coordination Documents Opportunities like this rarely hit the market fully packaged and near shovel-ready. Ideal for developers seeking speed-to-market in a premium Florida coastal submarket.

Property snapshot

Lot size4 sq ft
Property typeLand
CountyVolusia County

Deal details

Asking price$4,375,000
ARV estimate$5,000,000
Spread (ARV − asking)$625,000
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
$4.38M
ARV est.
$5M
Spread
$625K
Run this in the flip calculator
M
Ms. Meriam
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