Expand your view with a new oceanfront home or condo in Ormond Beach, FL. We are listing some of the most luxurious homes and land in Ormond Beach. Finding your dream home or investment is easy with our help. Aswin Suri secured record sales of over $30 million in BOTH 2007 and 2008.
Please browse our featured listings of Ormond Beach Real Estate below.
Rare Oceanfront MF opportunity. Good upside potential for investors or builders. 1.39 acres of "no-drive" and "pet-friendly" ocean frontage on the west of A1A (deeded oceanfront). R-8 Multi-family density zoning permits 20 units per acre. Preliminary engineering shows 12 large town homes are possible with excellent heights of 45 feet. 2.5m land cost + 5m build out, hard and soft costs yields 7.5m cost; sales price of 1.5m per town home (I have sold 3 in Ponce for $2m) yields gross of 18m. Net profit of $10.5 million. At 999k sales price yields net of $4.5 million for quick sale of all town homes. 197' of ocean frontage and 319' of depth provide an excellent pad. Sewer can be provided by a Utility Corporation and Water, Electric and Phone are already on-site. County taxes, quiet area, drive-free and pet friendly beach with unobstructed panoramic views - 15 minutes from the heart of Daytona Beach events and activities – 25 mins to St. Augustine and 45 mins to Jacksonville. Bring your own team or use ours! Seller is licensed Realtor and can assist with all pre-sales necessary.