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    837 Bellevue Ave Daytona Beach, FL 32114

    Sponsored
    For Sale
    $195,000

    Four lots, 29,185 sq ft, multi-family potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Daytona Beach investment opportunity encompasses four building lots totaling 29,185.2 square feet, ideally situated at 837 Bellevue Avenue, 32114. Offered at $195,000, this package presents a unique chance to develop multi-family residential or commercial properties. Three lots are contiguous, with a fourth located directly across the street. Preliminary assessments suggest the potential for constructing ten or more units, subject to Daytona Beach zoning regulations. Prospective buyers are strongly encouraged to conduct thorough due diligence by contacting the Daytona Beach zoning department for the most current information and restrictions. Detailed supporting documents are available upon request. This prime location in Volusia County, Florida, offers significant potential for substantial returns. The property's size and zoning flexibility make it an attractive proposition for developers seeking a multi-unit project in a growing market. This is a rare opportunity to acquire a substantial land parcel in a desirable area, ready for immediate development. Act quickly to secure this promising investment.

    Property Features for 837 Bellevue Ave

    General Information

    Property type
    Multifamily properties

    HighLights

    • $195,000 asking price.
    • Land and multifamily property, consisting of four building lots totaling 29,185.2 sq ft.
    • Located at 837 Bellevue Avenue, Daytona Beach, FL 32114.
    • Zoned for multi‑family or commercial use; potential for 10+ units.
    • Buyer to perform due diligence with Daytona Beach zoning department.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.026732
    Latitude
    29.19138

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    FAQs

    What type of property is this?
    Multifamily property - Four lots, 29,185 sq ft, multi-family potential
    Where is this multifamily property located?
    The property is located at 837 Bellevue Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: $195,000 asking price.; Land and multifamily property, consisting of four building lots totaling 29,185.2 sq ft.; Located at 837 Bellevue Avenue, Daytona Beach, FL 32114.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    837 Bellevue Ave Daytona Beach, FL 32114
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