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499 S Nova Road, Ormond Beach, FL 32174

$4,750,000
Property Type: Commercial Sale Square Footage: 49,975 Status: Closed
Current Price: $4,750,000 List Date: 5/30/2024 Last Modified: 1/09/2026

Description

Under Contract- taking backups. The Best School Building Deal in FL! Also great for Sport Complex or House of Worship +/-$135/sf -Less than 1/2 the cost of reproduction! Located in an area of explosive growth & high HHI! +/- 50k sf school on 4.6 landscaped acres. expansive playground, field & garden areas. Backs 150-acre Central Park & Environmental Discovery Center. 290' on S Nova Rd w/Monument signage, 2 entrances,185 parking spaces (room for more). Total building remodel 2010 into 22+ oversized classrooms (750sf avg), 15 w/bathrooms. Ample space under roof to add more classrooms. 10,000+ sf gym w/ 20' clear height ceiling, Commercial Grade Kitchen (DOH compliant & NSLP ready), cafeteria, large reception/lobby/lounge area. Exceptional Owner Financing w/$3M down

Supplements: Incomparable opportunity to purchase a +/- 50,000sf school in nearly turnkey condition on a private, landscaped 4.6 acre lot. At $135/sf this property is also ideal for a house of worship, or sports complex (pickleball)/fitness center. See Ormond Beach Land Development Code for B8 in Documents Positioned in path of explosive growth. Only +/- 3 miles from I-95 - Exit 268/W Granada Blvd. Thousands of homes being built within 5-7 miles Taylor Morrison, D R Horton, Pulte, Lennar, ICI, Meritage, Ryan and others are building in the area! $95K Median HHI within 5 miles Volusia County ranked 57th largest in US. 14th largest in FL, serving 63,000 students. Only 9 Charter Schools 3 of 4 Ormond Beach Public Elementary schools are over capacity 3 closest Daytona Beach public elementary schools have below avg ratings (within 7.5 miles) +/- 20% increase in Charter School Enrollment Property Use Code 7200- Private School/College Area zoning is General Commercial B-8 (see Documents for B8 Land Development Code) FL DOE & SUFS FL Scholarship compliant. Registered with the National Database of Schools by City of Ormand Beach Building was gutted and renovated in 2010 (built in 1983) 290' of frontage on S Nova Road with monument signage 185parking spaces with room for more! Expansive playground, field and garden areas. 22 bright, oversized classrooms (750sf avg) 15 classrooms with bathrooms. All have sinks Building has a total of 37 toilets and 40 sinks Commercial grade kitchen DOH compliant and NSLP ready. 10,000+ sf gym with 20' clear height ceiling Indoor playground which can be converted into 2-3 additional classrooms Large general purpose room Spacious, welcoming lobby/reception area Museum/display space Lounge w/kitchen Multipurpose area + 2 additional rooms (see floor plan). 460 Volt 3-phase service for a/c units Numerous systems upgrades, incl: 2023 fire alarm panel & smoke detectors. Full sprinkler system 10 rooftop HVAC units replaced 2016. Elastomeric roof coating 2016. Ormond Beach water/sewer/trash & FPL for electric. Sale includes furniture, fixtures and equipment (student desks w/chairs and teacher's desks). Ample SF to increase number of classrooms! Ready for operation - Owner can close quickly Exceptional Owner financing with $3m down!!!! POF letter required with all offers No financing contingency Sold "As Is" subject to inspection

More Information MLS# R10991783

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: Yes Listing Date: 2024-05-30 Status: Closed Original List Price: 18500000 Sold Price: $4,750,000 Current Price: $4,750,000

Location and Legal

County Or Parish: Volusia County Parish Name: Volusia City Name: Ormond Beach Postal Code: 32174 Property Description: School Country: United States Street Number: 499 Street Direction Prefix: S Street Name: Nova Street Suffix: Road State Or Province: FL Area: 5940 - Other Florida County Parcel Number: 21143200030090 Zoning: School PVT 7200 Directions: W Granada Blvd (Exit 268 off I-95) East to Nova Rd. South to Property (on East side of road). 3.3 miles to I-95 3.6 miles to the beach

General Property Information

Number Of Units Total: 1 Lot Size Area: 219978 Stories: 1 Property Sub Type: Business Building Area Main: 49975 Building Area Source: Public Records Year Built: 1983 Lot Size Acres: 4.6

Remarks and Miscellaneous

Public Historical Remarks: Building Type: Y, Miscellaneous: Y

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Other Major Change Timestamp: 2025-05-16T14:39:08Z Major Change Type: Status Change Price Change Timestamp: 2024-10-30T01:15:18Z Status Change Date: 2025-05-16 Under Contract Date: 2024-11-29 Close Date: 2025-05-15 Close Price: 4750000

Electric

110 Volts: 1 Three Phase: 1

Flooring

Vinyl: 1 Other: 1

Property Condition

Resale: 1

Documents Available

Drawings: 1 Existing Survey: 1 Owner Managed: 1

Structure Type

Office: 1 Retail: 1

Location of Property

Central Business District: 1 City Location: 1 Other: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Building and Property Details

# Of Offices: 3 # Of Toilets: 37 % Air Conditioned: 100 Interior Ceiling Height: 10 Maximum Ceiling Height: 20

Building Features

Free Standing: 1 Inside Corridors: 1 Kitchen Facilities: 1 Laundry Facilities: 1 Lobby: 1 Lounge: 1 Meeting Room(s): 1 Private Restroom(s): 1 Public Restroom(s): 1 Rear Access: 1 Reception Area: 1 Separate Office Area: 1 Storage: 1

Business Type

Commercial: 1 Recreation: 1 Retail: 1 Special Purpose: 1 Other: 1

Ceiling

Acoustic: 1 Exposed: 1 Suspended: 1

Heating

Electric: 1 Zoned: 1

Sale Includes

Building: 1 Fixtures: 1 Furniture: 1 Land: 1 Machinery: 1

Sprinkler Description

Other Sprinkler: 1

Construction Materials

Block: 1 Metal Siding: 1

Listing Terms

Cash: 1 Owner May Carry: 1

Lot Features

Landscaped: 1

Roof

Metal: 1 Roof Over: 1 Steel Joist: 1

Security Features

Closed Circuit Camera(s): 1 Fire Alarm: 1 Fire Sprinkler System: 1 Security Lights: 1 Smoke Detector(s): 1

Water Source

Public: 1 Well: 1

Cooling

Central Air: 1 Electric: 1 Zoned: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Traffic Type

Medium: 1

Contingencies

None: 1

Concessions Detail

Other: 1

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 95.04 Original List Price To Close Price: 3.89

Financial Information

Tax Annual Amount: 34136 Tax Year: 2023 Tax Legal Description: 21 14 32 S 290 FT OF LOT 3 E OF ST RD 415 EXC DR RET A BEING E 737.74 FT ON N/L OF S 271.23 FT... MEAS ON W/L PER OR

Originating Details

Originating System Key: 20240531075825878034000000 Originating System ID: M00000170

Property Features

Building Features: Free Standing; Inside Corridors; Kitchen Facilities; Laundry Facilities; Lobby; Lounge; Meeting Room(s); Private Restroom(s); Public Restroom(s); Rear Access; Reception Area; Separate Office Area; Storage Business Type: Commercial; Recreation; Retail; Special Purpose; Other Ceiling: Acoustic; Exposed; Suspended Documents Available: Drawings; Existing Survey; Owner Managed Electric: 110 Volts; Three Phase Flooring: Vinyl; Other Heating: Electric; Zoned Location of Property: Central Business District; City Location; Other Possession: Negotiable Property Condition: Resale Sale Includes: Building; Fixtures; Furniture; Land; Machinery Sprinkler Description: Other Sprinkler Construction Materials: Block; Metal Siding Cooling: Central Air; Zoned Listing Terms: Cash; Owner May Carry Lot Features: Landscaped Traffic Type: Medium Roof: Metal; Roof Over; Steel Joist Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Security Lights; Smoke Detector(s) Sewer: Public Sewer Structure Type: Office; Retail Utilities: Cable Available Water Source: Public; Well Showing Requirements: Appointment Only; Call Listing Agent Contingencies: None Concessions Detail: Other
Listing Office: The Keyes Company
Last Updated: January - 09 - 2026
499 S Nova Road, Ormond Beach, FL 32174- MLS# R10991783
Broker Attribution: 561-654-7341

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