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Daytona Beach Land Opportunity
For Sale
$775,000

241 Martin Luther King Boulevard S, Daytona Beach, FL 32114

Land, Daytona Beach, FL

Property SizeContact for details
Lot Size1.89 Acres
Days on Market604

Property Features for 241 Martin Luther King Boulevard S

General Information

Property type Land
Property subtype Other
Zoning description Multi Family
Subdivision Marshall
Lot features Cleared, Corner Lot, Few Trees, Irregular Lot
Directions From International Speedway Blvd go south on MLK. Property starts at El Dorado St. which also includes the corner lot on El Dorado and MLK.
Standard status Active
APN 5339-28-02-0040
Lot size 1.89 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOTS 4 & 5 & LOT 10 BLK 2N ROWLADERS 4TH ADD DAYTONA CASE #83-1403-CA-01 PER OR 7286 PG 2622 PER OR 7409 PG 3487 PER OR 7490 PG 2031
Tax Annual Amount 943
Legal Description LOTS 4 & 5 & LOT 10 BLK 2N ROWLADERS 4TH ADD DAYTONA CASE #83-1403-CA-01 PER OR 7286 PG 2622 PER OR 7409 PG 3487 PER OR 7490 PG 2031

Utilities

Utilities Water Available
Sewer type Public Sewer
Water source Public
Listing Agency: Coldwell Banker Commercial Benchmark
Listed By: G.G. Galloway
Added: Jan 8, 2025 Changed: Aug 20 Last Checked: Sep 4 at 4:06PM
MLS# 1207616

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features 1.89 acres of land comprised of 8 cleared parcels located in the Midtown Redevelopment area of Daytona Beach, Florida. Grants may be available for development. The site was previously approved for 36 townhomes under an expired Planned District Agreement (PDA). The expired PDA included parking in the adjacent city parking lot and off-site retention maintained by the city. The future land use designation allows for a density of 40 units per acre. The owner may consider financing options.

Key Highlights

  • 8 Cleared Parcels totaling 1.89 Acres in Midtown Redevelopment Area
  • Future Land Use Allows 40 Units Per Acre
  • Possible Grants Available

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Auto Parts Store Storage Facility Furniture & Home Goods Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,673
Businesses Nearby

Demographics for 32114, FL

34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 1.89 acres in Midtown Redevelopment area, Daytona Beach.
Where is this land located?
The property is located at 241 Martin Luther King Boulevard S Daytona Beach, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 8 Cleared Parcels totaling 1.89 Acres in Midtown Redevelopment Area; Future Land Use Allows **40 Units Per Acre**; Possible Grants Available
More about this property
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