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Investment Highlights

  • Conveniently located at lighted corner of Big Tree Rd & Nova Rd (major N/S thoroughfare in Daytona Beach)
  • Three parcels offer many options
  • Excellent visibility and convenience to nearby I-4 and I-95
  • Intersection access on a high traffic road.

Executive Summary

The property located at 1802 S Nova Road in South Daytona, Florida, consists of approximately 20.98 acres of land positioned at the signalized intersection of Big Tree Road and Nova Road. The site is identified as one of the last large infill parcels in the area and includes three separate parcels with multiple zoning designations that allow for mid-density multifamily and retail development. The property is currently unimproved land and is suitable for commercial, mixed-use, and residential applications. It features road frontage along Nova Road and Big Tree Road, with access via asphalt-paved surfaces. Utilities, including electricity, water, and sewer, are available to the site. The location is within Volusia County and is part of the Daytona Beach metropolitan area, providing connectivity to surrounding residential neighborhoods and commercial corridors.

Property Facts

Price $3,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
Total Lot Size 20.99 AC
Zoning BR and MFR-12 - Multifamily

1 Lot Available

Lot

Price $3,250,000
Price Per AC $154,835.70
Lot Size 20.99 AC

Three parcels make up this property offering. Multiple possible uses including MF residential and townhouses, retail, and more!

Description

Nearly 21 acres of prime commercial property at the lighted hard corner of Big Tree Road and Nova Road. Multiple zoning (3 parcels) allows for mid density MF and retail options. One of the last large infill properties in this area.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5344-16-00-1500
Land Assessment
$298,600
Improvements Assessment
$0
Total Assessment
$298,600
  • Listing ID: 22220282

  • Date on Market: 2/11/2021

  • Last Updated:

  • Address: 1802 S Nova Rd, South Daytona, FL 32119

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