27
Map
56 APIAN WAY
About This Property
Discover a rare opportunity to build your custom home on Lot #52 in the gated community of IL Villaggio-perfectly suited for busy healthcare professionals seeking convenience, comfort, and a low-maintenance lifestyle close to work.
This premium homesite backs to a peaceful greenbelt, providing privacy and a quiet setting-ideal for unwinding after long shifts. The sale includes HOA-approved architectural plans and a recent survey, allowing you to streamline the building process and move efficiently toward completion without unnecessary delays.
Designed with ease in mind, IL Villaggio is a maintenance-free community, where the HOA handles lawn care, irrigation, and upkeep of all common areas, including the gated entrance, roads, sidewalks, ponds, and fountains. It's an excellent fit for physicians, nurses, and hospital staff who value their time and prefer a lock-and-leave lifestyle.
Located in the heart of Ormond Beach, you'll enjoy quick access to major healthcare facilities, along with nearby shopping, dining, fitness centers, and the area's beautiful beaches-perfect for recharging on your days off. Easy access to I-95 also makes commuting simple and efficient.
Looking for more space or a multigenerational option? The adjacent Lot #51 at 54 Apian Way is also available, offering the potential for an expanded footprint.
With limited homesite inventory in a desirable coastal location, this is a smart investment and an ideal place to build a home that supports both your professional demands and personal lifestyle.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2025 | Price Decreased |
$100,000
↓ $25K
(19.9%) | |
| Price Decreased | |||
| Aug 19, 2025 | Price Decreased |
$124,900
↓ $100
(0.1%) | |
| Price Decreased | |||
| Jul 31, 2025 | Price Decreased |
$125,000
↓ $25K
(16.7%) | |
| Price Decreased | |||
| Jul 8, 2025 | Listed by ADAMS, CAMERON & CO., REALTORS | $150,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
| Oct 17, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017