Debary, FL 32713,S U S HIGHWAY 17-92

$8,000,000

$8,500,000

5.9%
Est.Price: ?

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Est. payment /mo

32 Acres Lot


SOLD DATE : 11/03/2023

Key Details

Sold Price $8,000,000

Property Type Vacant Land

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Volusia Park 4 19 30

MLS Listing ID V4909441

Sold Date 11/03/23

Construction Status No Contingency

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $13,138

Lot Size 32.000 Acres

Acres 32.0

Property Description

Located in the City of DeBary's SunRail - Transit Oriented Development Overlay District (TOD) that allows for High Density Residential and Commercial Development this 32 acre parcel has 27 acres in the TOD Area and fronts on US Hwy 17-92 the back 5 acres are separated by Shell Road and are Zoned (Commercials) &I-1 (Industrial) and are not in the TOD area. The new TOD mixed use high density Commercial/Residential Allows lots of flexibility. The City of Debary is offering incentives such as a No PUD Review, Expedited Development Review and Reduced Fees and a willingness to think outside the box. This Parcel Sits just North of the new Sun Rail Train Station on the West side of four lane US Hwy 17-92 with over 1500 lineal feet of Highway frontage. There is a 12 inch water main on the East side of the highway and a 8 inch water main on the west side of the property. Hwy 17-92 has been upgraded to 4 lanes starting at the St Johns River Brindge and continuing through Orange City to the North. Take this opportunity to get in on the ground floor of what promises to be a high demand location. There is Current Due Diligence Material available for a buyer who presents a acceptable contract to the sellers. Items Include Phase 1 & 2 Environmental , Tree Survey, Updated Survey with Topo, Environmental Assessment, Arborist Report Offer needs to be on a Standard FARBAR Vacant land contract with an addenda for special terms.

Location

State FL

County Volusia

Community Volusia Park 4 19 30

Zoning TOD

Exterior

Utilities Available Public, Sewer Nearby, Water Nearby

Building

Lot Description City Limits, Paved

Lot Size Range 20 to less than 50

Sewer Public Sewer

Water Public

Construction Status No Contingency

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by SWANN REAL ESTATE INC
Bought with SWANN REAL ESTATE INC
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