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    705-715 Beach St Daytona Beach, FL 32114

    Sponsored
    For Sale
    $1,800,000

    Prime location, riverfront access, redevelopment area.

    Property size:
    12,870 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 12,870 square foot special purpose property, built in 1948, is strategically located at 705-715 N Beach Street in Daytona Beach, Florida (zip code 32114). Boasting a prime waterfront position with 148 linear feet of direct access to the Halifax River (Intracoastal Waterway) and ocean access, this 3/4 acre lot presents a unique investment opportunity. Currently configured as an auto repair shop and parts sales business, the property offers multiple bays with roll-up doors and ample parking on the north side. Its versatility makes it suitable for a wide range of uses, including industrial operations, professional offices, garage space, storage (RV and boat storage ideal), and marine sales and service. The property sits within Daytona Beach's Community Redevelopment Area, a dynamic zone experiencing significant revitalization. Nearby developments include new luxury apartments on Beach Street, the recently completed $37 million Riverfront Esplanade, and ongoing projects at Fairview Avenue and Ballough Road, including a new roundabout. This area's ongoing transformation promises substantial future growth and increased property value. The asking price is $1,800,000.

    Property Features for 705-715 Beach St

    General Information

    Property type
    Specialty properties
    Square Feet
    12,870 SF

    Building Details

    Year Built
    1948

    HighLights

    • 12,870 SF special purpose building on a 3/4 acre lot, built in 1948.
    • Prime waterfront location at 705‑715 N Beach St, Daytona Beach, FL 32114, with 148 linear feet of Halifax River frontage and ocean access.
    • Currently operating as an auto repair shop with multiple bays and ample parking; versatile for various uses including industrial, office, storage, and marine businesses.
    • Located in Daytona Beach's Community Redevelopment Area, benefiting from ongoing revitalization and nearby new developments.
    • Asking price: $1,800,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0249565
    Latitude
    29.2254993

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    FAQs

    What type of property is this?
    Specialty property - Prime location, riverfront access, redevelopment area.
    Where is this specialty property located?
    The property is located at 705-715 Beach St Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 12,870 SF special purpose building on a 3/4 acre lot, built in 1948.; Prime waterfront location at 705-715 N Beach St, Daytona Beach, FL 32114, with 148 linear feet of Halifax River frontage and ocean access.; Currently operating as an auto repair shop with multiple bays and ample parking; versatile for various uses including industrial, office, storage, and marine businesses.
    (386) 795-7060
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    705-715 Beach St Daytona Beach, FL 32114
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    Daytona Beach, FL 32114
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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
    705-715 Beach St Daytona Beach, FL 32114
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