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    3742 Atlantic Ave Daytona Beach Shores, FL 32118

    Sponsored
    For Sale
    $498,000

    Beachfront Investment Opportunity: 0.47 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.47-acre commercial lot in Daytona Beach Shores, Florida, presents a rare investment opportunity. Located at 3742 S Atlantic Ave, Volusia County, zip code 32118 (29.143419, -80.965479), this property is zoned RMF-2 (Multi-Family Residential District - Medium Density), allowing for the development of multi-family residential buildings. The lot extends from S. Atlantic Ave to Cardinal Blvd, providing convenient access to the beach – just 0.2 miles from the Emilia Ave Beach Vehicle Access Point. Its prime location offers easy access to local amenities, restaurants, and entertainment. The asking price is $498,000. Daytona Beach Shores boasts a thriving rental market with high demand, making this a potentially lucrative investment. City of Daytona Beach Shores LDC, Section 14-19, further details zoning regulations. This property is ideal for developers seeking to capitalize on the area's strong rental demand and vibrant community atmosphere. The location's proximity to the beach and local conveniences enhances its appeal and potential for high returns. Don't miss this chance to acquire a valuable piece of real estate in a booming market.

    Property Features for 3742 Atlantic Ave

    General Information

    Property type
    Land
    Lot Size
    20,473 SF

    HighLights

    • 0.47‑acre commercial lot in Daytona Beach Shores, FL, zoned RMF‑2 for multi‑family residential development.
    • Located at 3742 S Atlantic Ave, Volusia County, FL 32118 (29.143419, -80.965479), 0.2 miles from beach access.
    • Asking price: $498,000.
    • High rental demand in Daytona Beach Shores creates lucrative investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Kitchen & Bath Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach Shores
    County
    Volusia
    State
    Florida
    Longitude
    -80.965479
    Latitude
    29.143419

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Beachfront Investment Opportunity: 0.47 Acres
    Where is this land located?
    The property is located at 3742 Atlantic Ave Daytona Beach Shores, FL.
    What is the asking price?
    The asking price for this property is $498,000.
    What are key features of this property?
    This property features: 0.47-acre commercial lot in Daytona Beach Shores, FL, zoned RMF-2 for multi-family residential development.; Located at 3742 S Atlantic Ave, Volusia County, FL 32118 (29.143419, -80.965479), 0.2 miles from beach access.; Asking price: $498,000.
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    3742 Atlantic Ave Daytona Beach Shores, 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
    3742 Atlantic Ave Daytona Beach Shores, FL 32118
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