Elena By The Sea is an 8.1+/- acre oceanfront residential development site in Ormond by the Sea, FL. Elena is located directly on Ocean Shore Blvd (SR A1A) between Daytona Beach to the south and Flagler Beach to the north. The project offers a unique opportunity for a developer/builder to create an oceanfront community of 29 single family homes. Proposed amenities include incredible ocean views, private beach walkover and clubhouse. The site was previously entitled and all engineering, surveys and reports are available. Zoning is already in place and utilities are available. All SFR lots are located westward of the CCCL (no FDEP permitting required). The property could be fully entitled in only seven months.
Key Points: 8.1+/- acre oceanfront residential development site Planned for 29 single family lots (min 50' wide) with amenity 400 feet of frontage along Ocean Shore Blvd (SR A1A) Unimpeded ocean views with private beach walkover (planned) All engineering, surveys and reports available All proposed development is westward of the CCCL (no FDEP permitting required) Zoning already in place Utilities available at site Located in Flood Zone "X"
Asking Price: $1,500,000
Lot Size: 352836
Cost per Square Foot: $4.25