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    211 Michigan Ave Daytona Beach, FL 32114

    Sponsored
    For Sale
    $40,000

    Prime Commercial Land, Two Parcels Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial land offering presents a unique opportunity in Daytona Beach, Florida. Comprising two parcels at 211 and 213 Michigan Avenue, this 9,147.6 square foot lot is ideally situated for various development projects. The asking price is $40,000. The property's strategic location offers easy access to Beach Street and the vibrant Downtown Daytona Riverfront area, providing excellent visibility and potential for high foot traffic. Furthermore, its proximity to the new Brown & Brown Insurance Headquarters adds significant value and potential for synergy with a thriving business community. The expansive lot size allows for the construction of a single substantial building or the possibility of subdivision to create two separate development sites. This presents flexibility for developers seeking to maximize their investment and tailor the project to specific needs. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a well-located commercial land parcel in a rapidly growing area of Daytona Beach. Don't miss this chance to secure a prime piece of real estate with significant potential for future growth and profitability. The property address is 211 Michigan Avenue, Daytona Beach, FL 32114.

    Property Features for 211 Michigan Ave

    General Information

    Property type
    Land

    HighLights

    • Two parcels totaling 9,147.6 sq ft at 211 & 213 Michigan Ave, Daytona Beach, FL.
    • Asking price: $40,000.
    • Excellent location near Beach Street and the Daytona Riverfront, offering high visibility and foot traffic.
    • Proximity to the new Brown & Brown Insurance Headquarters.
    • Zoned for commercial use (buyer to verify).
    • Suitable for a single large building or subdivision into two lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0259318
    Latitude
    29.2192883

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Two Parcels Available
    Where is this land located?
    The property is located at 211 Michigan Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Two parcels totaling 9,147.6 sq ft at 211 & 213 Michigan Ave, Daytona Beach, FL.; Asking price: $40,000.; Excellent location near Beach Street and the Daytona Riverfront, offering high visibility and foot traffic.
    Request Owner's contact information
    211 Michigan Ave Daytona Beach, FL 32114
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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
    211 Michigan Ave Daytona Beach, FL 32114
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