by Global Lifestyle Properties

Check Availability
$699,000
↓ $301K (30.1%)
● Land - For Sale

W SR-40

ORMOND BEACH, FL 32174
bedrooms
Studio
bathrooms
0 Bath
$3,968
Est. Monthly

About This Property

This 30.46-acre parcel on Old Tomoka Road offers an exceptional development opportunity within the prestigious Hunter's Ridge DRI. With approximately 15.56 acres of uplands and the serene Little Tomoka River running through the property. This site is perfect for a residential development with DRI approvals for up to 50 units, making it ideal for apartments, condos, or townhomes. Zoned for both residential and commercial use, this versatile property provides endless possibilities for developers. Utilities are readily available, with a water main at Shadow Crossing and sewer access at Valencia. The parcel boasts a prime location just 3 miles from I-95, ensuring easy access for future residents or businesses, and benefits from an average of 13,000 vehicles daily, providing excellent visibility. Surrounded by natural beauty and located in a rapidly growing area, this property is priced to sell fast, making it a must-see for investors and developers alike. Seller has plans for a 38 unit townhome development that can be delivered engineered/ permit ready for an additional cost or the buyer can take over approvals.
Unit Size
-
Days on Market
340 days
Land Size
30.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$536
HOA Dues
-
Year Built
2002

Listed By

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Last updated: 10 months ago (Stellar MLS #V4944420)

Price History

Date / Event Date Event Price
Dec 16, 2025 Price Decreased $699,000
↓ $301K (30.1%)
Price Decreased
Oct 27, 2025 Listed by LANDSHARK REALTY $999,999
Listed by LANDSHARK REALTY
Mar 21, 2002 Sold
Sold

Property Highlights

Exterior Details
Waterfront Features: Creek, River Front
Waterbody Name: LITTLE TOMOKA RIVER
Building Area Units: Square Feet
Pool is Private
Lot Features: City Lot, Near Golf Course, Near Public Transit, Wooded, Buildable, Conservation Area, Environmental Restricted Area, Oversized Lot
Lot Size Area: 7.0011
Lot Size Units: Acres
Lot Size Acres: 30.46
Lot Size Square Feet: 304966
Lot Size Dimensions: 360 x 2681
Water Source: Public
Financial Details
Tax Annual Amount: $6,428
Utilities Details
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Pool

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,020
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,427
  • Gross Building Area: 2,427
  • Building Area: 1,986
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,986
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORMOND GREEN PHASE II MB
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 90 THE ORMOND GREEN PHASE II MB 47 PG 102 PER OR 4835 PG 2321

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080101

Geography

  • Assessors Map Reference: E1-0026-24
  • Account Number: 5894673
  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 08
  • Parcel: 4124-08-00-0900
  • Lot: 90
  • Meridian: SEC 24 TWN 14S RNG 31E
  • Municipality: ORMOND BEACH
  • Latitude: 29.2795
  • Longitude: -81.1173

    Address

  • Full Address: 40 Ormond Green Blvd
  • Address - House Number: 40
  • Address - Street Name: Ormond Green
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R020
  • 4-Digit Zip Code: 8767
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $227,693
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 496,671
  • High Value: 582,373
  • Low Value: 410,970

    Market Valuation

  • Market Total Value: $368,549
  • Market Land Value: $65,000
  • Market Improvement Value: $303,549

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,159

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2002
  • Current Sale Recording Date: Mar 21, 2002
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Ormond Green


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Frequently Asked Questions

When was property at 40 Ormond Green Boulevard built and last sold?
The property at 40 Ormond Green Boulevard was built in 2002 and last sold on Mar 13, 2002 for $35,000.
How much is this home worth?
The estimated value of the home located at 40 Ormond Green Boulevard is $705,990.
What are some comparable homes to 40 Ormond Green Boulevard?
There are currently no comparable homes to 40 Ormond Green Boulevard.