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890 N US Highway 1, Ormond Beach, FL, 32174

$3,500,000

12.50 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #1200286
Lot Size12.50 Acres
StatusActive

About 890 N US Highway 1

12.5 acres located in the heart of Ormond Beach, FL with utilities available. Strategically positioned near I-95, Nova Rd., and Granada Blvd. (State Road 40). Over 750' of US 1 frontage in one of Ormond's strongest growth corridors. Very strong traffic counts (35,000 AADT) with US 1 median opening and proposed left-in. Mixed-use zoning - industrial, self-storage and commercial uses. Potential for over 100,000 SF of vertical construction.

Property Details

Property Features

Listing Office:

  • Office Name: SVN Alliance Commercial Real Estate Advisors
  • Office Phone: (386) 310-7900
  • Listing Agent: Carl Lentz

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 12.50 Acres

Other

Directions Information:

  • Directions: xx

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000

Tax Information:

  • Annual Amount: $8,613
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ormond Beach, FL.

Med. Sold Price

$403.8K

Med. Price/SqFt

$234

Avg. Days On Market

96

# of Sold Homes

70

890 N US Highway 1 vs Ormond Beach

40 DAYS ON ROCKET

-56 Days

$3,500,000

+$3.0M More

KEY TAKEAWAY

This property is $3.0M more than the Median Sold Price in Ormond Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Daytona
  • MLS Number: #1200286

Listing Office:

  • Office Name: SVN Alliance Commercial Real Estate Advisors
  • Office Phone: (386) 310-7900
  • Listing Agent: Carl Lentz

IDXIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2024 Daytona Beach Area Association of REALTORS Multiple Listing Services. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 12:16:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,613$489,266
2019$8,685$489,266
2018$8,924$489,266
2017$9,331$489,266

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-962777
7
/10
  • Tomoka Elementary School

  • 999 Old Tomoka Rd

  • 1.86 miles

  • Public District Grades PK-5

school-card-donut-962778
7
/10
  • Pine Trail Elementary School

  • 300 Airport Rd

  • 2.28 miles

  • Public District Grades KG-5

school-card-donut-962779
10
/10
  • Ormond Beach Elementary School

  • 100 Corbin Ave

  • 2.40 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,000. The majority of Ormond Beach, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 890 N US Highway 1

What is the listing price of this property?

The listing price of 890 N US Highway 1 property is $3,500,000.

What type of property is this?

The property 890 N US Highway 1 is land located in Ormond Beach, Florida, 32174.

Is this property for sale now?

Active Listing: 890 N US Highway 1 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,613 (source: MLS/based on county public records data).

How much acreage is this property?

The property 890 N US Highway 1 is 12.50 acres.
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Rocket HomesFloridaVolusia CountyOrmond Beach32174890 N US Highway 1

This home is located at 890 N US Highway 1 in Ormond Beach, FL and zip code 32174. This home sits on a 12.50 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $3,500,000.

Ormond Beach, FL housing market in November 2024 saw over 5 listings sold above listed price, more than 15 sold at listed price and over 50 sold below. The inventory of homes for sale in Ormond Beach, FL between October 2024 and November 2024 decreased by 1.9%. While the average time on the market in November 2024 was 96 days, the median list price was $403,815.

From Rocket Homes Real Estate and based on county public records data.

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