499 S Nova Road, Ormond Beach, FL 32174 - Homes for Sale in Eastpointe - Palm Beach Gardens, FL

499 S Nova Road, Ormond Beach, FL 32174 (MLS# RX-10991783)


$6,650,000
499 S Nova Road
Ormond Beach, FL 32174
MLS# RX-10991783
Status: Closed
37 baths  |  49975 sqft


499 S Nova Road, Ormond Beach, FL 32174
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Property 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

Details
Documents
Contract Information
Status: Closed
Original List Price: 18500000
Auction: No
Sold Price: $4,750,000
Current Price: $4,750,000
List Price/Bldg SqFt: 133.06
Listing Date: 2024-05-30
Negotiable Seller Concessions YN: Yes
General Property Description
Type: Special Use
For Sale: Yes
For Lease: No
Property Desc: School
Year Built: 1983
Built Desc: Resale
SqFt - Living: 49975
SqFt Source: Tax Rolls
# of Stories: 1
Total Units: 1
Baths - Total: 37
Acres: 4.6
% Air Conditioned: 100
Waterfront: No
Location Tax Legal
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
Status Change Info
Under Contract Date: 2024-11-29
Sold Date: 2025-05-15
Sold Price: $4,750,000
Terms of Sale: Other
Sold Price/Bldg SqFt: 95.04
Building Info
# of Offices: 3
Interior Ceiling Hgt: 10
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 280000
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
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

Listing Office: The Keyes Company

Last Updated: May - 16 - 2025

499 S Nova Road, Ormond Beach, FL 32174 - MLS# RX-10991783

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