Best Private/Charter School Deal in FL!

49,975 SF Specialty Building Offered at $8,800,000 in Ormond Beach, FL 32174

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $8,800,000

Property Type
Specialty
Square Feet
49,975 SF
Price / Square Foot
$176

Listing Contacts

Jeff Cohen
Jeff Cohen
Verified Profile
  • Property Info

Property Overview

By Far The best Private or Charter School deal in Florida!
Huge Price Reduction - Only $176/sf- Far below reprodcution cost.
Do not miss the opportunity to acquire an almost turnkey school in an area of explosive growth & demand for quality educational facilities.
5 mile radius has seen 4500+ new residential and multi-family units delivered w/in the past 3 years.
Short drive from thousands of new homes being with median HHI over $90K!
ICI, D. R. Horton, Pulte, Lennar, Taylor Morrison, Meritage, Ryan and others building in the area.
+/- 50,000 sf School Building on a private, landscaped 4.6-acre lot w/expansive field, playground and garden areas.
Backs to Ormond Beach's 150-acre Central Park and Fox Hollow (attractive neighborhood of single family homes).
Short walk to the Environmental Discovery Center.
Zoned Private School/College.
Underlying Zoning is B-8
Volusia County ranked 57th largest in US. 14th largest in FL, serving 63,000 students. Only 9 Charter Schools
3 of the 4 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
FL DOE & SUFS FL Scholarship Compliant.
Registered with the National Database of Schools by City of Ormand Beach.
Built in 1983. Gutted and Renovated into a School in 2010.
290’ on S Nova Rd with monument signage.
150 parking spaces.
22 bright, oversized classrooms (750sf avg). 15 with bathrooms. All classrooms have sinks
Building has a total of 37 toilets and 40 sinks.
Ample space to increase the number of classrooms under roof
Indoor playground - can be converted into 2-3 additional classrooms.
Large general purpose room.
Multipurpose area + 2 additional rooms (see floor plan).
10,000sf+ gym with 20' clear height ceiling and large observation area.
Commercial grade kitchen (DOH compliant and NSLP ready) & large cafeteria.
Spacious, welcoming lobby/reception area.
Museum/display area.
Lounge w/kitchenette.
2023 Fire alarm panel and smoke detectors.
Full sprinkler system.
10 rooftop HVAC units w/ 460V 3-phase service replaced 2016.
Elastomeric roof coating in 2016.
Recently stripped and waxed vinyl flooring.
Ormond Beach water/sewer/trash & FPL for electric.
Sale includes furniture, fixtures and equipment (student desks w/chairs and teacher’s desks, etc.).
Possible Owner Financing with minimum of 35% down.
Seller can close quickly.
Terms:
POF Letter required with all offers.
Sold "As Is" subject to inspections
No financing contingency
Not subject to site plan approval or change in zoning
Easy to show- Contact Listing Agent
Jeff Cohen
Broker-Associate
Keyes
561-654-7341
[email protected]
All information is believed accurate but is not guaranteed and may be subject to errors & omissions + subject to change without notice. All measurements are approximate.

Property Details

Class
B
Year Built/Renovated
1983/2010
Stories
1
Property Subtype
School
Lot Size (sq. ft)
200,376 SF

Highlights

  • Incomparable opportunity! +/- 50,000sf school In nearly turnkey condition on 4.6-acre lot, in area of explosive growth offered at $176/sf!
  • FL DOE & SUFS FL Scholarship compliant. Registered with the National Database of Schools by City of Ormand Beach.
  • 290' of frontage on S Nova Road with monument signage and 150 parking spaces.
  • 22 classrooms (750sf avg), 15 w/bathrooms. 10,000+ sf gym, multipurpose + additional rooms. Ample SF to add more classrooms!
  • Updated Electric, Fire , HVAC. Commercial grade kitchen DOH compliant, NSLP ready.
  • Possible Owner Financing With 35% Down.

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