707 S Atlantic AVE, Ormond Beach, FL 32176
707 S Atlantic AVE, Ormond Beach, FL 32176
707 S Atlantic AVE, Ormond Beach, FL 32176
707 S Atlantic AVE, Ormond Beach, FL 32176
707 S Atlantic AVE, Ormond Beach, FL 32176
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$ 6,500,000
Est. payment | /mo

84,942 SqFt

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$ 6,500,000
Est. payment | /mo
Save

84,942 SqFt

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 84,942 sqft

Price per Sqft $76

MLS Listing ID 1231806

HOA Y/N No

Annual Tax Amount $137,825

Lot Size 1 Sqft

Acres 1.95

Property Sub-Type Unimproved Land

Source Daytona Beach Area Association of REALTORS®

Property Description

SVN Alliance presents the Makai property at 707 and 700 S. Atlantic Avenue in Ormond Beach. Offered together, the two parcels total approximately 2.92 acres, combining a 1.95-acre oceanfront site with existing hotel improvements and a separate 0.97-acre vacant commercial parcel across A1A. The offering provides an opportunity to evaluate renovation, repositioning, or redevelopment of an established oceanfront property, with additional land across the street offering potential supporting uses, subject to applicable approvals. Two parcels offered together for $6,500,000 Approximately 2.92 acres combined 1.95-acre oceanfront parcel with direct beach frontage Existing hotel improvements on the oceanfront site Separate 0.97-acre vacant commercial parcel across A1A Frontage on S. Atlantic Avenue in Ormond Beach Potential renovation, repositioning, or redevelopment opportunity Additional parcel offers flexibility for parking or other supporting uses, subject to approvals New construction Home2Suites immediately adjacent on the south side. Click the "Documents" tab above for more supporting information

Location

State FL

County Volusia

Area 16 - Ormond Beach Peninsula S Of 40

Direction Property is located in Ormond Beach, just a half mile south of Granada Blvd (SR-40) which allows excellent access to a selection of restaurants, shopping, and the mainland for the full range of tourist activities. The hotel is very close to Andy Romano Beachfront Park.

Region Ormond Beach

City Region Ormond Beach

Exterior

Utilities Available Other

Waterfront Description Ocean Front

View Y/N No

Water Access Desc Ocean Front

Building

Lot Description Other

Others

Tax ID 4223-16-01-0050

Ownership Lonaga Florida Llc

Acceptable Financing Other

Listing Terms Other

Listed by Carl Lentz • SVN Alliance Commercial Real Estate Advisors

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707 S Atlantic AVE