Listing provided courtesy of LANDSHARK REALTYas Distributed by MLSGrid- MLS# MFRV4944420MLS Provider

W SR-40ORMOND BEACH, FL 32174

Vacant Land · 30.46 Acres
$699,000 Active

W SR-40 Overview

Time on Site:
246 days
Visits:
1

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

W SR-40 Facts & Features

  • Type Vacant Land
  • Lot 30.46 Acres

Details

General

Association/HOA

  • Association Amenities: Clubhouse,Pool
  • Association: Yes

Business Information

  • Current Use: Subdivision

Location/Region

  • Country: US
  • County Or Parish: Volusia
  • MLS Area Major: 32174 - Ormond Beach
  • Subdivision Name: HUNTERS RDG SUB PH 1 UN 1
  • Township: 14

Tax Information

  • Tax Annual Amount: 6428
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,Other,Private Financing Available
  • Ownership: Fee Simple
  • Parcel Number: 4127-00-00-0015
  • Pets Allowed: Yes
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: PUD

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: Buildable,Conservation Area,Environmental Restricted Area,City Limits,Near Golf Course,Near Public Transit,Oversized Lot,Wooded
  • Lot Size Acres: 30.46
  • Lot Size Dimensions: 360 x 2681
  • Lot Size Square Feet: 304966
  • Number Of Lots: 1
  • Road Surface Type: Asphalt,Dirt,Paved
  • Vegetation: Wooded
  • Water Source: Public

Waterfront/View

  • Water Body Name: LITTLE TOMOKA RIVER
  • Waterfront Features: Creek,River Front
  • Waterfront: Yes

General Information

  • Road Frontage Type: County Road
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Available,Sewer Nearby,Water Available,Water Nearby

W SR-40 Neighborhood

Community

32174 (ORMOND BEACH) Demographics

55
Median Age
404
Population Density (per sq. mile)
41%
College Educated
$56,383
Estimated Median Income
18,340
Estimated Total Home Owners
4,750
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

W SR-40 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

W SR-40 Market Data

Based on the last 30 days in this zip code

$557,534
Average List Price
$252
Average Price per Square Foot
175
Properties Sold
102
Average Days on Market
885
Properties for Sale
Calculations provided by Reliance Network

W SR-40 History

Date Event Value Agent
12/15/2025Source: My Florida Regional MLS Price Reduction
$699,000 -30.1%
10/27/2025Source: My Florida Regional MLS Added to Database
October 27, 2025