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499 S Nova Road, Ormond Beach, FL 32174

$4,750,000
Property Type: Comm/Industry Baths: 37 Square Footage: 49,975 Status: Closed
Current Price: $4,750,000 Last Modified: 5/16/2025

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# RX-10991783

Contract Information

Auction: No List Price/Bldg SqFt: 133.06 Negotiable Seller Concessions YN: Yes Status: Closed Original List Price: 18500000 Sold Price: $4,750,000 Current Price: $4,750,000 Listing Date: 2024-05-30

General Property Description

For Sale: Yes For Lease: No Property Desc: School Acres: 4.6 Built Desc: Resale Waterfront: No SqFt Source: Tax Rolls # of Stories: 1 Total Units: 1 % Air Conditioned: 100 Type: Special Use Year Built: 1983 SqFt - Living: 49975 Baths - Total: 37

Location, Tax & Legal

Geo Area: PB07 Country: United States State/Province: FL Tax Year: 2023 Zoning: School PVT 7200 Real Estate Taxes: 34136 Area: 5940 County: Volusia Parcel ID: 21143200030090 Street #: 499 Street Dir: S Street Name: Nova Street Suffix: Road Zip Code: 32174 Legal Desc: 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 Geo Lat: 29.268007 Geo Lon: -81.078131

Remarks & Misc

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

Office/Member Info

DXORIGMLNO: RX-10991783 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Other Sold Price/Bldg SqFt: 95.04 Under Contract Date: 2024-11-29 Sold Date: 2025-05-15 Sold Price: $4,750,000

Building Info

# of Offices: 3 Interior Ceiling Hgt: 10

Location

Central Business Dst: 1 City: 1 Other: 1

Type of Building

Commercial: 1 Free Standing: 1 Office/Retail: 1 Recreation Facilitiy: 1 Restaurant: 1 Retail: 1 Special Purpose: 1 Other: 1

Sale Includes

Building and Land: 1 Equipment: 1 Fixtures: 1 Furniture: 1

Avail Info

Drawings: 1 Owner managed: 1

Construction

Block: 1 Metal: 1

Avail Docs

Survey: 1

Cooling

Central: 1 Electric: 1 Zoned: 1

Heating

Electric: 1 Zoned: 1

Tenant Pays

None: 1

Miscellaneous 1

Clearing Span: 1 Columns: 1 Interior Corridors: 1 Kitchen Facilities: 1 Landscaped: 1 Laundry: 1 Lobby: 1 Lounge: 1 Sprinkler Water: 1

Use

Retail: 1 Other: 1

Miscellaneous 2

Meeting Room: 1 Office: 1 Private Restroom: 1 Public Restroom: 1 Rear Access: 1 Reception Area: 1 Separate Office Area: 1 Storage: 1 Traffic Medium: 1

Flooring

Vinyl Floor: 1 Other: 1

Utilities

Cable: 1 Electric: 1 Public Sewer: 1 Public Water: 1 Well Water: 1 110: 1

Fire Protect

Smoke Alarm: 1 Smoke Detector: 1 Sprinkler: 1

Ceiling

Acoustic: 1 Exposed: 1 Suspended: 1

Security

Security Light: 1 TV Camera: 1

Roof

Metal: 1 Roofover: 1 Steel Joist: 1

Terms Considered

Cash: 1 Owner: 1

Possession

Funding: 1 Quick Closing: 1

Lease

None: 1

Contingencies

None: 1

Concessions

Seller Concessions: Yes Seller Concessions Amount: 280000 Other: 1

Contributions

Buyer Contributions: No

Property Features

Use: Retail; Other Type of Building: Commercial; Free Standing; Office/Retail; Recreation Facilitiy; Restaurant; Retail; Special Purpose; Other Construction: Block; Metal Ceiling: Acoustic; Exposed; Suspended Location: Central Business Dst; Other Sale Includes: Building and Land; Equipment; Fixtures; Furniture Avail Docs: Survey Avail Info: Drawings; Owner managed Miscellaneous 1: Clearing Span; Columns; Interior Corridors; Kitchen Facilities; Landscaped; Laundry; Lobby; Lounge; Sprinkler Water Miscellaneous 2: Meeting Room; Office; Private Restroom; Public Restroom; Rear Access; Reception Area; Separate Office Area; Storage; Traffic Medium Flooring: Vinyl Floor; Other Cooling: Central; Electric; Zoned Heating: Electric; Zoned Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler Tenant Pays: None Utilities: Cable; Electric; Public Sewer; Public Water; Well Water; 110 Security: Security Light; TV Camera Roof: Metal; Roofover; Steel Joist Terms Considered: Cash; Owner Lease: None Possession: Funding; Quick Closing Contingencies: None Concessions: Other
Listing Office: The Keyes Company
Last Updated: May - 16 - 2025
499 S Nova Road, Ormond Beach, FL 32174- MLS# RX-10991783
Broker Attribution: 561-654-7341

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