Under contract-accepting backup offers. This unique 20-acre property located on Tomoka Farms Road in Volusia County, FL, offers a prime opportunity for developers aiming to create a small-scale estate home development or for buyers looking for personal use, such as a ranch or farm. The current MH-3 Rural Mobile Home zoning supports subdividing into four 5-acre estate homesites, making it well-suited for single-family residences, mobile homes, or modular homes with a minimum of 720 square feet of living area per lot. Development can proceed without the need for rezoning, providing an immediate pathway for construction and investment. In addition to residential development, the property supports rural uses such as farming, ranching, and equestrian activities, making it ideal for those looking to create a luxury rural estate with agricultural or recreational potential. The Future Land Use (FLU) designation of Rural offers flexibility and compatibility with a range of zoning types, including A-1, A-2, MH-3, RPUD, and MPUD, giving developers significant versatility for future projects. With approximately 650 feet of frontage along Tomoka Farms Road, the property offers excellent access and visibility. Its location is another attractive feature, just 10-15 miles from Daytona Beach and within easy reach of New Smyrna Beach and Ponce Inlet, providing residents with easy access to Florida’s renowned beaches. Proximity to the famous Spruce Creek Fly-In community, which caters to aviation enthusiasts, adds further appeal, making this property highly desirable for buyers seeking unique lifestyle amenities. For developers, the potential market includes buyers looking for privacy, large parcels, and the ability to build custom homes in a peaceful rural setting. The zoning flexibility and large homesites make this property ideal for equestrian properties, luxury rural estates, or family ranches with ample space for horses or cattle. The lot sizes allow for expansive development while maintaining the quiet, open atmosphere sought by high-end buyers. From a land-use perspective, the property offers favorable development conditions. According to FEMA, the site is not in a flood zone, and while a wetland delineation survey is recommended, the land appears mostly dry, further enhancing its potential for development. In conclusion, this Tomoka Farms property offers a rare combination of rural charm, strategic location, and flexible zoning, making it an excellent investment for developers and buyers alike. Whether the goal is to create a small development of estate homes or establish a personal ranch or farm, this property offers the perfect blend of luxury, privacy, and accessibility to urban conveniences. Schedule a Private Showing

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Oct 23, 2024 • Source: STELLAR_MLS

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