<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
CONSOLIDATED-TOMOKA LAND CO.'S SEPTEMBER 30, 1999 10-Q AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                       1,878,429
<SECURITIES>                                26,990,565
<RECEIVABLES>                               12,597,108
<ALLOWANCES>                                         0
<INVENTORY>                                 11,611,839
<CURRENT-ASSETS>                                     0
<PP&E>                                       8,826,004
<DEPRECIATION>                                 929,715
<TOTAL-ASSETS>                              64,655,991
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     6,376,484
<OTHER-SE>                                  39,570,677
<TOTAL-LIABILITY-AND-EQUITY>                64,655,991
<SALES>                                     15,759,724
<TOTAL-REVENUES>                            16,938,208
<CGS>                                        6,339,971
<TOTAL-COSTS>                                7,327,201
<OTHER-EXPENSES>                             2,056,700
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             680,715
<INCOME-PRETAX>                              6,873,592
<INCOME-TAX>                                 2,463,705
<INCOME-CONTINUING>                          4,409,887
<DISCONTINUED>                               9,069,127
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                13,479,014
<EPS-BASIC>                                       2.12
<EPS-DILUTED>                                     2.12