Madison Glen

592 Sterthaus Dr, Ormond Beach, Florida 32174

🔴 Expiring Imminently

Madison Glen is a 96-unit multifamily property located at 592 Sterthaus Dr in Ormond Beach, Florida 32174. Placed in service in 2011 under the LIHTC program, its 15-year compliance period expires in 2026. This property's compliance period is expiring imminently.

Year-15 Compliance Timeline

EXPIRING IMMINENTLY
Placed in Service
2011
Expiration
2026
2011
2014
2017
2020
2023
2026
⚠️
Compliance expires has expired

This property's 15-year LIHTC compliance period is expiring or has recently expired. The owner may be considering disposition, recapitalization, or Year-15 exit options.

Compliance Period
15 Years
Years Elapsed
15 / 15
Years Since
0
Property Overview
HUD IDFLA20110135
Year Placed in Service2011
Year-15 Expiration2026
Acquisition Status🔴 Expiring Imminently
Unit Breakdown
Total Units96
Low-Income Units96
Low-Income Ratio100%
Tenant demographic data not available for this property.