W SR-40, Ormond Beach, FL 32174

Property Description

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.

Listing Status:

Active

Date Added:

October 27, 2025

Data Last Updated:

March 2, 2026 at 1:21PM

Listing Office:

LANDSHARK REALTY : 321-567-7992

Listing Agent:

Cody Spaur : 321-501-6951

MLS ID:

V4944420

Location

• Road/Access: County Road
• HOA Amenities: ClubhousePool
• Originating MLS: Stellar MLS
• County: Volusia

Lot

• Zoning: PUD27-14-31 IRREG PARCEL LYING N & E OF OLD TOMOKA RD & S OF SHADOW CROSSING UT 1 OF HUNTERS RIDGE PH I MB 43 PG 77 & W OF 4.29 AC ON & W OF FP&L R/W EXC 50% SUBSURFACE RIGHTS PER OR 4290 PG 3232-3247 PER OR 7982 PG 14424127-00-00-0015
• Current Use: Subdivision

Utilities

• Utilities: Cable AvailableElectricity AvailableSewer AvailableSewer NearbyWater AvailableWater Nearby
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple