2020 S Atlantic Ave Daytona Beach, FL 32118

This commercial property, located at 2020 S Atlantic Avenue in Daytona Beach Shores, Florida, presents a redevelopment opportunity in a thriving coastal city. The property features two buildings: a 640-square-foot side building and a 6,000-square-foot, two-story main building. The main building is a shell with steel I-beam construction and approximately 14 ft ceiling on the first floor. A newer roof and new impact-resistant hurricane windows have been installed. The main building's foundation extends to the north and west boundary lines, while the side building extends within five feet of the south boundary line. The 10,000 square foot lot has parking lot access from A1A and Park Avenue. The current parking capacity accommodates 9 vehicles, including 1 handicap space, with the potential for 15 onsite parking spaces. Additional offsite parking is feasible immediately behind the property across Fraile Street, and public parking is available on Park Avenue. The property benefits from unlimited foot traffic due to its location directly across the street from the ocean. A special purpose permit allows for utilization of a live/work property. The surrounding area is undergoing transformation into a luxury destination, with a proposed upscale 12-story hotel featuring luxury suites, private elevators, and a 5-story parking garage, along with a pre-planned luxury condominium building.