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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

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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

Rare Opportunity to own and built 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 FACTS

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Condo
  • Hotel
Total Lot Size 1.13 AC
Zoning T1 - Tourist Accommodation, Multifamily/Ocean

1 LOT AVAILABLE

Lot 1-2

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

PROPERTY TAXES

Parcel Number
5309-09-01-0020
Land Assessment
$407,813
Improvements Assessment
$1,199
Total Assessment
$409,012
  • Listing ID: 28608090

  • Date on Market: 7/12/2021

  • Last Updated:

  • Address: 345 S Atlantic Ave, Daytona Beach, FL 32118

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