<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