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345 S Atlantic Ave - Waterfront Lot on Daytona Beach 1.13 Acres of Commercial Land Offered at $3,500,000 in Daytona Beach, FL 32118


INVESTMENT HIGHLIGHTS
- Approximately 220 FT Beach Frontage
- Daytona Beach sees over 9 million visitors annually
- Close to the "World's Most Famous Beach," a major tourist attraction in Daytona Beach, FL
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.13 AC |
| Property Type | Land | ||
| Zoning | T1 - Tourist Accommodation, Multifamily/Ocean | ||
| Price | $3,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.13 AC |
| Zoning | T1 - Tourist Accommodation, Multifamily/Ocean |
1 LOT AVAILABLE
Lot 1-2
| Price | $3,500,000 | Lot Size | 1.13 AC |
| Price Per AC | $3,097,345.13 |
| Price | $3,500,000 |
| Price Per AC | $3,097,345.13 |
| Lot Size | 1.13 AC |
Just south of ISB, north of Vermont Ave.
DESCRIPTION
Rare Opportunity to own and build on a 1.13ac Oceanfront Development Site in Daytona Beach. Site is comprised of two parcels. Zoning is T1 tourist accommodation, which also allows for condo and rental product. May be approved for a Hotel or Microtel. Redevelopment/economic Development area that may qualify for Blight funding. Seawall is intact from the recent storms, and should accelerate the development timeline. Site is adjacent to new oceanfront restaurant complex with Crabby's and Landshark Bar & Grille. This is one of the last 3 oceanfront development sites available in the core 12 miles of Daytona Beach coastline.
PROPERTY TAXES
| Parcel Number | 5309-09-01-0020 | Improvements Assessment | $1,199 |
| Land Assessment | $407,813 | Total Assessment | $409,012 |
PROPERTY TAXES
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345 S Atlantic Ave - Waterfront Lot on Daytona Beach
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