Property profile

613 N Halifax Ave Daytona Beach, FL 32118

FOR SALE
Commercial land
Property ID
US18-7264373
0.74 ac lot
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 613 and 618 Halifax Avenue comprises a two-parcel assemblage totaling 53,268.5 square feet (approximately 1.22 acres) in Daytona Beach’s core redevelopment corridor. The primary parcel at 613 Halifax contains 41,768.5 square feet with dimensions of 123 feet by 361 feet and includes 132 linear feet of direct Intracoastal water frontage; the adjacent parcel at 618 Halifax adds 10,500 square feet, expanding the overall development footprint. The site is zoned BPUD and was previously approved for a 36-unit condominium development with 39 marina boat slips, which provides a documented development precedent for future waterfront projects. Located at the base of the Seabreeze Bridge within the city’s tourist district, the property has direct proximity to beach access and nearby retail and hospitality uses.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.74 ac (32,349 SF)
Zoning code RP
APN 5305-01-03-0050
UPID US18-7264373

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

613 N Halifax Ave Daytona Beach, FL 32118
Daytona Beach metro Census 81201 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2006
7 recorded transactions
2006
$1.2M
2006
Price N/A
2006
$15.7M
2005
$185,000
1999
$185,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RP · Daytona Beach, FL
Zoning description

The purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings,…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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