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    1600 Clyde Morris Blvd Daytona Beach, FL 32114

    Sponsored
    For Sale
    $1,498,999

    6.56 Acres, 120 Units Possible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 6.56-acre lakefront development site in Daytona Beach, Florida, presents a unique investment opportunity. Located at 1600 S Clyde Morris Blvd, Volusia County, 32114, this property boasts over 1100 feet of frontage on Clyde Morris Blvd, less than 500 feet from the intersection of Beville Rd. Currently zoned Residential Medium Density (RMD 20), allowing for up to 20 units per acre without a zoning change, the site is ideal for a multifamily apartment complex. The existing zoning permits a three-story building height limit and 1.5 parking spaces per unit. However, a zoning change could significantly alter these parameters, offering flexibility for future development plans. Approximately 2.43 acres are submerged, with 4 acres of buildable, high and dry land. The asking price is $1,498,999, with owner financing available with a 30% down payment

    Property Features for 1600 Clyde Morris Blvd

    General Information

    Property type
    Land
    Lot Size
    285,754 SF

    HighLights

    • High‑traffic intersection at Beville Rd and Clyde Morris Blvd.
    • Over 1,100 feet of frontage on Clyde Morris Blvd.
    • Lakefront development opportunity.
    • 6.56‑acre parcel.
    • City of Daytona Beach zoning allows 20 units per acre (no zoning change needed).
    • Apartment zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.037811944048
    Latitude
    29.168698487979

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    FAQs

    What type of property is this?
    Land - 6.56 Acres, 120 Units Possible
    Where is this land located?
    The property is located at 1600 Clyde Morris Blvd Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $1,498,999.
    What are key features of this property?
    This property features: High-traffic intersection at Beville Rd and Clyde Morris Blvd.; Over 1,100 feet of frontage on Clyde Morris Blvd.; Lakefront development opportunity.
    Request Owner's contact information
    1600 Clyde Morris Blvd 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
    1600 Clyde Morris Blvd Daytona Beach, FL 32114
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