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

$8,000,000
Sold Price
$8,000,000
List Price
$8,500,000
Status
Sold
Closing Date
Nov 03, 2023
MLS#
V4909441
Acres
32
Total Acreage
20 to less than 50
Legal Subdivision Name
Volusia Park 4 19 30
MLS Area Major
Debary

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.

Additional Information

Taxes
$13138
Location
City Limits, Paved
Community Features
No Deed Restriction
Zoning
TOD
Utilities
Public, Sewer Nearby, Water Nearby
Pool
No Pool
Flood Zone Code
X/A
Parcel ID
04-19-30-01-23-0010
Legal Description
4 19 30 ALL BLKS 23 24 25 & 29 TO 31 INC & ALL BLK 32 W OF HWAY VOLUSIA PARK EXC NEW R/W FOR ST RD 15/600 PER OR 4382 PG 2786

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of SWANN REAL ESTATE INC. Selling Office: SWANN REAL ESTATE INC.

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