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Ormond Beach Observer Saturday, Feb. 3, 2018 1 year ago

Condos on former hospital property being sold

Ten buildings will have a total of 280 units.
by: Wayne Grant Real Estate Editor

John and Bonnie Hanes were one of the first couples to buy a unit in the planned Ormond Renaissance Condominiums at 875 Sterthaus Drive, the 27-acre property at the site of the former Ormond Memorial Hospital, which was torn down in 2012.

The Ormond Beach couple plan to downsize as they move into retirement years and want to be closer to town. They like the fact that grocery stores, drug stores, restaurants, doctor offices, etc. are nearby.

 “We can walk places,” Bonnie Hanes said. “The idea is that this our last move.”

They are also members of the YMCA, which is down the street. She pointed out that the bus runs down Granada Boulevard, providing transportation for the future when they might not want to drive.

They picked out the floor plan and location of their unit.

“I said, if we’re going to do this, let’s get what we want,” she said.

The Hanes were at a ribbon cutting Feb. 2 at the clubhouse, the only structure now on the lot which has been mostly cleared except for an eight-acre natural area on the east end that will be preserved.

“We can walk places.”

BONNIE HANES, on buying a condo in Ormond Beach

The first phase is expected to begin this spring with construction beginning on four buildings centered around the swimming pool. Phase two will be three buildings grouped on the west side of the property, and phase three will be three buildings on the east side, for a total of 10.

Each building will be five-stories with 28 units. The bottom floor is a garage, and residents can take an elevator to their unit.

Currently, prices start at about $260,000.

The Hanes fit the profile of the expected customers, according to landowners and developers Josif and George Atanasoski, brothers who own Microflex Inc. on North U.S. 1 and also invest in local developments. They expect many buyers from the area who want to downsize.

Josif Atanasoski said the location is the best real estate in Ormond Beach, being less than three miles from both Interstate 95 and the beach.

“It’s truly a remarkable place,” he said.

Having several buildings rather than a high-rise allows more intimate, “garden” settings, he said.

Sheriff Guindi, of Realty Pros, emphasized the construction quality. He said floors and ceilings will be poured concrete, and walls between units will be concrete block with sound proofing.

“These buildings will challenge the test of time,” he said.



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