Property Description
Ormond Renaissance presents a rare opportunity to acquire a partially developed 55+ condominium project in the highly desirable Ormond Beach market. Significant capital has already been invested, allowing an investor or developer to step into an established project with significant forward potential.
The offering includes approximately 27 acres of land, existing improvements and completed community amenities, including entrance gates, a clubhouse, fitness center and a resort style pool with spa, along with established landscaping throughout the amenity areas. One fully constructed residential five-story building has been completed with 26 units, providing immediate product visibility and a foundation for future development.
The property is strategically located directly across from The Trails Shopping Plaza, anchored by a newly constructed Publix Supermarket and complemented by a mixture of national retailers, restaurants and local favorites. Within a half-mile radius, residents have access to a YMCA, additional neighborhood shopping centers, pharmacies, banks, doctors offices and essential services - creating a highly walkable environment that is particularly attractive to adult residents.
Positioned between the US-1 and Nova Road corridor, Ormond Renaissance benefits from strong accessibility, exposure and connectivity within the heart of Ormond Beach. The area continues to experience steady demographic growth, with the city projected to grow by approximately 12% by 2030, supporting sustained housing demand in this desirable coastal market.