Description

This is a prime opportunity to acquire what is arguably one of the best vacant oceanfront development sites in the Daytona Beach market. With +/- 404 frontage feet on the Atlantic Ocean, this is one of the largest remaining development site in Daytona Beach. The site is 2.68 acres net usable(the property inside the seawall).The first outstanding feature of the site may be its size, but more directly the favorable development climate in the City of Daytona Beach. The City has approved a selection of "high-density" hotel and condo projects in the past 2 years. Extrapolating the density approved for the Hard Rock Hotel just a dozen blocks south, utilizing the PUD process, a density of 300+ units should be achievable.The wide 404' site will allow a building design with every unit having a

Details

MLS#1019874
Sub-TypeResale
StatusActive
Days On Site689

Features

Acreage0.19
Water FrontYes
Property ViewYes

Market Activity 32118

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32118
Area14 - Daytona Peninsula S of Seabreeze
Listing VS Median (in 32118)
Price:
$5,750,000
low | high
Med:
$239,900
100% of Average
On Site:
689
low | high
Med:
52
100% of Average
Listing Updated: 08/26/2016
MLS Number: 1019874
Listing Provided By:
Carl Lentz  of  SVN Alliance Commercial RE Advisors