Address499 S Nova Road, Ormond Beach, FL, 32174

Price$15,500,000

  • Commercial
  • 49,975 SQ FT
  • Built in 1983

Extremely Rare Opportunity for a Private/Charter School in area of explosive growth!+/- 50,000sf School on 5 private, landscaped acres w/expansive playground area). Backs 150 acre Central Park & the Environmental Discovery Center.290' on S Nova Rd w/Monument signage150 parking spotsBuilding Remodel in 2010 into 20+ oversized Classrooms (750sf avg), 15 w/bathrooms (total of 37 toilets/40 sinks). 10,000+ sf gym w/ 20' clear height ceiling, Commercial Grade Kitchen (DOH compliant & NSLP ready), cafeteria, large reception/lobby + lounge area.2023 fire alarm panel & smoke detectors. Full sprinkler system, 460V 3-phase service. for 10 rooftop HVAC units (replaced 2016). Elastomeric roof coating 2016Potential for 20+ additional classrooms.Possible Owner Financing w/30% Down!Incomparable opportunity to purchase a +/- 50,000sf school in nearly turnkey condition on a private, landscaped 5.05 acre lot. 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 Gutted and renovated in 2010 (built in 1983) 290' of frontage on S Nova Road with monument signage and 150 parking spaces Property Use Code 7200- Private School/College FL DOE & SUFS FL Scholarship compliant. Registered with the National Database of Schools by City of Ormand Beach 22 bright oversized classrooms (750sf avg)-15 with bathrooms (total of 37 toilets and 40 sinks) Potential to add 20+ classrooms via new building in SE corner and dividing existing space. 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 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). Numerous systems upgrades, incl. A/C, electric service, and fire/smoke detection. Elastomeric roof coating in 2016 Ormond Beach water/sewer/trash & FPL for electric. Sale includes furniture, fixtures and equipment (student desks w/chairs and teacher's desks). Ready for operation - Owner can close quickly

Essential Information

  • MLS® #RX-10991783
  • Price$15,500,000
  • Taxes$34,136 (2023)
  • Square Footage49,975
  • Acres5.05
  • Price/SqFt$310 USD
  • Year Built1983
  • TypeCommercial
  • Sub-TypeOther
  • StatusPrice Change

Community Information

  • Address499 S Nova Road
  • Area5940
  • CityOrmond Beach
  • CountyVolusia
  • StateFL
  • Zip Code32174

Style

Free Standing, Special Purpose

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water, Well Water, 110

Appliances

Fixtures, Building and Land, Equipment, Furniture, Inventory

Roof

Metal, Roofover, Steel Joist

Amenities

Interior

  • HeatingElectric, Zoned
  • CoolingCentral, Electric, Zoned
  • # of Stories1

Exterior

  • Lot DescriptionSchool
  • ConstructionBlock, Metal

Additional Information

  • Days on Website27
  • ZoningSchool PVT 7200
  • Contact Info561-654-7341

Listing Details

  • OfficeThe Keyes Company
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Price Change History for 499 S Nova Road, Ormond Beach, FL (MLS® #RX-10991783)

Date Details Change
Status Changed from New to Price Change
Price Reduced from $18,500,000 to $15,500,000 $3,000,000 (16.22%)

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