<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
CONSOLIDATED-TOMOKA LAND CO.'S JUNE 30, 1997 10-Q AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                         322,620
<SECURITIES>                                 1,013,744
<RECEIVABLES>                               16,464,010
<ALLOWANCES>                                         0
<INVENTORY>                                 17,699,591
<CURRENT-ASSETS>                                     0
<PP&E>                                      30,035,008
<DEPRECIATION>                              11,167,888
<TOTAL-ASSETS>                              55,354,785
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     6,261,272
<OTHER-SE>                                  28,394,049
<TOTAL-LIABILITY-AND-EQUITY>                55,354,785
<SALES>                                      8,578,387
<TOTAL-REVENUES>                             9,408,927
<CGS>                                        5,151,271
<TOTAL-COSTS>                                6,648,926
<OTHER-EXPENSES>                             1,234,897
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             413,387
<INCOME-PRETAX>                              1,111,717
<INCOME-TAX>                                   369,399
<INCOME-CONTINUING>                            742,318
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   742,318
<EPS-PRIMARY>                                      .12
<EPS-DILUTED>                                      .12