W SR-40, ORMOND BEACH, FL, 32174
Active263 days on marketListed Oct 27, 2025MLS #V4944420
About this home
W SR-40
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.
Facts & features
The home at a glance
30.46 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,730 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,730/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Ormond Beach
Drive times from this address
Get to know Ormond Beach. See the full Ormond Beach guide →
ORMOND BEACH 32174 — neighborhood snapshot
Population
53,087
Median age
56.3
Median income
$67,817
Median home value
$315,100
Avg household
2.19
Households w/ children
4,692
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Ormond Beach market
$390K → $415K
Ormond Beach median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
Median sold price, Ormond Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 75% above the ORMOND BEACH 32174 median. See the full Ormond Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near W SR-40
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$664,000
158 CONE ROAD, Ormond Beach FL 32174
3 bd · 2.5 ba · 58 DOM
Sold · Sep ’25$247,000
3470 BAREBACK TRAIL
3 bd · 2 ba · 1,512 sqft · $163/sqft · 11 DOM
Sold · Feb ’26$393,500
9 SUNNY ROAD
2 bd · 2 ba · 1,706 sqft · $231/sqft · 162 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about W SR-40 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for W SR-40 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
W SR-40 FAQs
What would the monthly payment be for W SR-40?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,730/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on W SR-40?+
The most recent tax bill on record (2024) was $6,428. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at W SR-40?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Ormond Beach?+
At $699,000, this home is listed about 64% above the Ormond Beach median of $425,495. The market section on this page shows how the area is trending.
Which schools are assigned to W SR-40?+
Pathways Elementary School (elementary), David C. Hinson Senior Middle School (middle), Mainland High School (high) — Volusia County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$699,000 runs 75% above the ORMOND BEACH 32174 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
263 days on market against a Ormond Beach median of 41 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $999,999, now $699,000 — a $301K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LANDSHARK REALTY · Cody Spaur. MLS #V4944420.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Ormond Beach homes, in your inbox
Like W SR-40 but not quite? A daily digest of every new listing in Ormond Beach — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Eric to ping you on any price or status change →