Land at W SR-40, ORMOND BEACH
Land at W SR-40, ORMOND BEACH, photo 2 of 11
Land at W SR-40, ORMOND BEACH, photo 3 of 11
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Land at W SR-40, ORMOND BEACH, photo 11 of 11
11 photos

$699,000

W SR-40
ORMOND BEACH, FL 32174
Listed by Cody Spaur
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRV4944420
Property type
Land
Subdivision
HUNTERS RDG SUB PH 1 UN 1
Status
Active
Days on market
49
On market date
October 27, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
30.46 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
PATHWAYS ELEMENTARY SCHOOL
4.08 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
698
Student:teacher ratio
14.5:1
District
VOLUSIA
Middle
DAVID C. HINSON SR. MIDDLE SCHOOL
6.4 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
952
Student:teacher ratio
18.7:1
District
VOLUSIA
High
DEPT. OF CORRECTIONS EDUCATIONAL PROGRAM
8.36 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
3
Student:teacher ratio
3.0:1
District
VOLUSIA

Walkability

Blended score for ORMOND BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

14
Very car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,359/mo
$139,800 down
$559,200 loan
Principal & interest$3,627
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated December 15, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.