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    Lenox Ave Daytona Beach, FL 32118

    For Sale
    Contact for pricing

    Prime oceanfront acreage, high-density zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional oceanfront land portfolio in Daytona Beach, Florida, presents a unique investment opportunity. Comprising approximately 23.22 gross acres, with approximately 15.38 net acres, this property boasts a highly desirable location proximate to key demand drivers. The land is zoned T-1 & T-4 Tourist Districts, allowing for high-density development, maximizing potential returns. Situated on Lenox Ave in Volusia County, Florida, zip code 32118, the property's precise coordinates are latitude 29.21635108 and longitude -81.00295146. This prime coastal location offers unparalleled access to the beach and is ideally positioned to capitalize on the area's thriving tourism industry. The existing zoning regulations provide significant flexibility for a variety of development projects, making this an attractive proposition for developers seeking to create a high-impact commercial venture. The substantial acreage provides ample space for large-scale projects, while the oceanfront location guarantees exceptional visibility and desirability. This is a rare opportunity to acquire a significant parcel of oceanfront land in a dynamic and growing market. Serious inquiries are encouraged.

    Property Features for 0 Lenox Ave

    General Information

    Property type
    Land
    Lot Size
    1,011,463 SF

    HighLights

    • 23.22‑acre gross land area.
    • 15.38‑acre net usable land area.
    • Oceanfront location near key amenities and attractions.
    • Tourist Base zoning allowing high‑density development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.00295146
    Latitude
    29.21635108

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    FAQs

    What type of property is this?
    Land - Prime oceanfront acreage, high-density zoning.
    Where is this land located?
    The property is located at Lenox Ave Daytona Beach, FL.
    What are key features of this property?
    This property features: 23.22-acre gross land area.; 15.38-acre net usable land area.; Oceanfront location near key amenities and attractions.
    (305) 447-7869
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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
    Lenox Ave Daytona Beach, FL 32118
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