345 S Atlantic Ave Daytona Beach, FL 32118

Listing Agency SVN | Alliance Commercial Real Estate Advisors Ormond Beach t***@svn.com Show Phone

Listed by Tim Davis · License #FL SL597616

Source Crexi

Added: Jul 12, 2021 Checked: Jul 17 at 4:00 am

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Investment Insights

Based on property information with market context.

This 1.13-acre oceanfront development site is located in Daytona Beach and consists of two parcels. The only current improvement is a single-family home. The zoning is T1 tourist accommodation, which allows for condo and rental products. The density is R-40, with the potential for greater density through the PUD/PRD process. The seawall is intact, which may accelerate the development timeline. The site is adjacent to a new oceanfront restaurant complex featuring Crabby's and Landshark Bar & Grille. This is one of the last three oceanfront development sites available in the core 12 miles of the Daytona Beach coastline, making it suitable for tourist accommodations, condos, or rental properties.

Key Highlights

• Oceanfront development site: One of the last 3 available in the core 12 miles of Daytona Beach coastline.
• Zoning allows for condo and rental product development (T1 tourist accommodation).
• Intact seawall accelerates development timeline.

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FAQs

What type of property is this?

Waterfront Land - 1.13-acre oceanfront development site in Daytona Beach, Florida.

Where is this waterfront land located?

The property is located at 345 S Atlantic Ave Daytona Beach, FL.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Oceanfront development site: One of the last 3 available in the core 12 miles of Daytona Beach coastline.; Zoning allows for condo and rental product development (T1 tourist accommodation).; Intact seawall accelerates development timeline.