<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
CONSOLIDATED-TOMOKA LAND CO.'S SEPTEMBER 30, 1996 10-Q AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                         129,361
<SECURITIES>                                   967,697
<RECEIVABLES>                               12,974,934
<ALLOWANCES>                                         0
<INVENTORY>                                 18,085,477
<CURRENT-ASSETS>                                     0
<PP&E>                                      35,083,660
<DEPRECIATION>                              12,475,635
<TOTAL-ASSETS>                              56,978,202
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     6,261,272
<OTHER-SE>                                  25,062,344
<TOTAL-LIABILITY-AND-EQUITY>                56,978,202
<SALES>                                     14,355,392
<TOTAL-REVENUES>                            15,359,370
<CGS>                                        6,967,655
<TOTAL-COSTS>                                9,601,785
<OTHER-EXPENSES>                             1,768,217
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             671,006
<INCOME-PRETAX>                              3,318,362
<INCOME-TAX>                                 1,183,573
<INCOME-CONTINUING>                          2,134,789
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,134,789
<EPS-PRIMARY>                                     0.44
<EPS-DILUTED>                                     0.44