For Sale
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Property summary
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 profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RMF · Daytona Beach, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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