Property Description

Land Oppurtunity for Development of Townhome Community. Open to offers. Approval for water and attached RPUD. Parcel ID's : 424419000001, 424419000010, 424419000020, 424419000030, 424419000040, 424419000050, 523715000070, 523715000090 2.11± Acre Infill Development Opportunity Proposed 17-unit townhome / multifamily project located in the growing Holly Hill / Daytona Beach coastal market. Partially De-Risked Development Site RPUD entitlement already advanced with prepared civil construction plans and approved stormwater permitting in place, reducing upfront development timelines and entitlement risk. Issued SJRWMD Stormwater Permit St. Johns River Water Management District Permit No. 82368-4 was issued October 2, 2025, authorizing construction and operation of the stormwater management system. Strong Housing Demand Fundamentals Located within a market experiencing continued demand for attainable housing, workforce housing, and townhome-style residential product. Coastal Market Positioning Centrally located between Daytona Beach and Ormond Beach with proximity to beaches, retail, dining, healthcare, schools, and employment centers throughout Volusia County. Attractive Comparable Pricing Support Nearby townhome communities show active for-sale pricing ranging approximately from $249K–$389K, supporting future exit value potential. Rental Demand Indicators Local townhome rental comparables indicate rents averaging approximately $2,100–$2,500 monthly, supporting both build-to-rent and for-sale strategies. Utilities & Infrastructure Framework Established Water, sewer, and electric availability have been approved, providing a clearer path toward vertical development. Flexible Development Potential Suitable for builders, multifamily developers, workforce housing groups, or attainable housing initiatives seeking a scalable small-community project. Limited Infill Land Availability Strategic infill positioning within an established coastal market creates long-term value potential as developable residential land inventory continues to tighten.

Property Details