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    Earl St Daytona Beach, FL 32118

    Sponsored
    For Sale
    $198,000

    Beachside Lot, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5,000.69 sq ft lot, located at 0 Earl Street in Daytona Beach, Florida (zip code 32118), presents a remarkable investment opportunity. Situated in the heart of Daytona Beach's vibrant entertainment district and Main Street Redevelopment Corridor, this property offers significant potential for diverse uses. Currently zoned for professional residential, the possibilities are numerous. Imagine developing a multifamily residential building, capitalizing on the high demand for housing in this prime location. Alternatively, the zoning allows for other commercial ventures, taking advantage of the proximity to the Ocean Center, Daytona Lagoon, the famous Daytona Beach, and Main Street. The property's location is unparalleled, just a short walk from the beach, Main Street, and Seabreeze, ensuring high visibility and accessibility. The asking price is $198,000. An adjacent lot is also available (MLS # 1204580), presenting an opportunity to expand your investment. This is a rare chance to acquire a strategically located property in a thriving area with significant growth potential. Don't miss this chance to secure a piece of Daytona Beach's vibrant future.

    Property Features for 0 Earl St

    General Information

    Property type
    Multifamily properties

    HighLights

    • $198,000 asking price.
    • 5,000.69 sq ft lot.
    • Located in Daytona Beach, FL, in the heart of the Beachside Entertainment area and Main Street Redevelopment Corridor.
    • Zoned Professional Residential, allowing for multiple uses.
    • Adjacent lot available (MLS # 1204580).
    • Across from Ocean Center, a block from Daytona Lagoon, and a short walk to Daytona Beach, Main Street, and Seabreeze.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0127271
    Latitude
    29.228806

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    FAQs

    What type of property is this?
    Multifamily property - Beachside Lot, Multi-Use Potential
    Where is this multifamily property located?
    The property is located at Earl St Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $198,000.
    What are key features of this property?
    This property features: $198,000 asking price.; 5,000.69 sq ft lot.; Located in Daytona Beach, FL, in the heart of the Beachside Entertainment area and Main Street Redevelopment Corridor.
    Request Owner's contact information
    Earl St 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
    Earl St Daytona Beach, FL 32118
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