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Midtown Redevelopment Land Opportunity
For Sale
$775,000

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

1.89 acres in Midtown Redevelopment area, Daytona Beach.

Property SizeContact for details
Days on Market592

Property Features for 241 Martin Luther King S Boulevard

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $943
Listing Agency: Coldwell Banker Commercial Benchmark
Listed By: G.G. Galloway
Source: Exitrealty
Added: Jan 9, 2025 Changed: Aug 23 Last Checked: Aug 24 at 3:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Benchmark

Investment Insights

Based on property information with market context.

This property features 1.89 acres of land, consisting of eight cleared parcels, situated in the Midtown Redevelopment area. The future land use allows for 40 units per acre. Conveniently located near Bethune Cookman University, just south of International Speedway Boulevard, this property offers potential for redevelopment. Grants may be available for projects within the redevelopment area. The site was previously approved for 36 townhomes under a Planned District Agreement, which has since expired. Short term financing options may be available from the owner.

Key Highlights

  • High‑density redevelopment potential with future land use allowing 40 units per acre.
  • Large land area: 1.89 acres of cleared parcels ready for your vision.
  • Redevelopment opportunity in the Midtown Redevelopment area.

Property Analytics

Current Use

Commercial land

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

1,051
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 S Boulevard 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: High‑density redevelopment potential with future land use allowing 40 units per acre.; Large land area: 1.89 acres of cleared parcels ready for your vision.; Redevelopment opportunity in the Midtown Redevelopment area.
More about this property
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