Sold – 749 S. Atlantic Ave, Ormond Beach Oceanfront Land

Posted by admin on December 1, 2016 under by Tim Davis, News Releases | Be the First to Comment

The 95′ x 220′ parcel of vacant land at 749 S. Atlantic Ave has sold. This is the first outright oceanfront land sale since August of 2015. ┬áThe sale price of $975,000 represents just over $10,000 per front foot, and $45/SF. Both metrics are inline with other oceanfront sales in the last 2-3 years.

The seller was the Busby family trust of North Carolina, and the buyer was the Georgian Inn Condo Association. Tim Davis of SVN Commercial Real Estate Advisors represented the Sellers in the transaction.

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