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    519 Oleander Ave Daytona Beach, FL 32118

    Sponsored
    For Sale
    $549,000

    Beachside redevelopment opportunity, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.89-acre commercial land parcel, located at 519 North Oleander Avenue in Daytona Beach, Florida (APN: 530501250020), presents a unique redevelopment opportunity. Currently zoned RP (Residential Professional) by the City of Daytona Beach, this former bank drive-thru site is ideally situated in the heart of Daytona Beach's vibrant entertainment district. Its strategic location offers unparalleled access to the area's bustling activity, placing it within a quarter-mile walking distance of the beach. The property benefits from its proximity to numerous businesses, restaurants, and residential areas, enjoying a convenient position midway between Seabreeze Boulevard and Oakridge Boulevard, flanking the Mason Avenue Bridge. The surrounding area boasts a high concentration of hospitality options, with over 100 hotels and 125 restaurants within a 5-mile radius, ensuring high visibility and potential for a variety of uses. This prime location offers significant potential for redevelopment projects or could serve as valuable event parking. The asking price for this exceptional property is $549,000. This is a rare chance to acquire a highly desirable commercial land parcel in a thriving coastal community. Don't miss this opportunity to capitalize on the potential of this exceptional Daytona Beach location.

    Property Features for 519 Oleander Ave

    General Information

    Property type
    Land
    Lot Size
    38,768 SF

    HighLights

    • 0.89‑acre commercial land parcel in Daytona Beach's entertainment district, ideal for redevelopment or event parking.
    • Quarter‑mile walk to the beach.
    • Excellent proximity to entertainment, businesses, and residential areas.
    • Strategically located midway between Seabreeze Blvd and Oakridge Blvd, near the Mason Avenue Bridge.
    • High density of hotels (100+) and restaurants (125+) within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -81.0156857
    Latitude
    29.2334591

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    FAQs

    What type of property is this?
    Land - Beachside redevelopment opportunity, prime location.
    Where is this land located?
    The property is located at 519 Oleander Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: 0.89-acre commercial land parcel in Daytona Beach's entertainment district, ideal for redevelopment or event parking.; Quarter-mile walk to the beach.; Excellent proximity to entertainment, businesses, and residential areas.
    (386) 506-0025
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    Daytona Beach, FL 32118
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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
    519 Oleander Ave Daytona Beach, FL 32118
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