42 S Peninsula Dr Daytona Beach, FL 32118

Located in the heart of the Daytona Beachside market, this offering presents an opportunity for investors and developers. The centerpiece is a 5,588 square foot professional office building, built in 1920, with a long-term tenant. The property is currently leased to a professional tenant, providing operating income with escalation clauses. The sale includes three neighboring vacant parcels, creating a footprint for future expansion or redevelopment. The property is zoned RP (Residential/Professional), allowing for a variety of permitted uses, including professional services offices, business services, contractor’s offices, single-family detached dwellings, duplexes, multifamily dwellings and complexes, assisted living facilities, community residential homes, hospice residential facilities, adult day care centers, child care facilities, public/private schools, colleges or universities, nursing home facilities, places of worship, clubs or lodges, shelters for victims of domestic abuse, community gardens, parks, or greenways. Special Use may allow townhouse subdivisions, duplex subdivisions, fraternity/sorority houses, or community centers. The location is suited for professionals seeking office space or for developers looking to capitalize on the demand for beachside residential or medical facilities. Onsite parking is available to support current and future operations. The site features triple-street frontage on Peninsula Drive, Halifax Avenue, and Harvey Avenue.