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    Earl St Daytona Beach, FL 32118

    For Sale
    $197,999

    Beachside Commercial Lot, Huge Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6,098.4 square foot lot presents a remarkable investment opportunity in Daytona Beach, Florida. Located at 0 Earl Street, this mixed-use property is zoned for a variety of commercial and residential uses, as detailed in the attached document. Its prime beachside location offers unparalleled convenience, situated on the corner of Earl Street and N. Hollywood Avenue. The property is within walking distance of Daytona Beach's main entrance, vibrant shopping districts, and entertainment venues. Adding to its appeal, the lot is conveniently positioned behind a water park and directly across from the Daytona Beach Convention Center, ensuring high visibility and potential for strong rental income or business development. The asking price for this unique property is $197,999. The property is classified as land, mixed-use, and multifamily, specifically a duplex/triplex/quadplex. This presents a rare chance to acquire a substantial lot in a high-demand area with significant upside potential for both commercial and residential development. The possibilities are endless for this strategically located property in the heart of Daytona Beach's thriving tourism and entertainment sector. Detailed zoning information is available upon request.

    Property Features for 0 Earl St

    General Information

    Property type
    Multifamily properties
    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 Commercial Lot, Huge 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 $197,999.
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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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