241-245 Franklin St Daytona Beach, FL 32114
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 241-245 Franklin St
- Year built
- 1925
- Property type
- Specialty properties
- Property subtype
- Churches & religious facilities
Description
This exceptional Daytona Beach property, located at 241-245 S Franklin Street, presents a unique investment opportunity. Encompassing a substantial 16,552.8 square foot lot, the property is comprised of two parcels (51x165 and 75x110) sold as one. Currently featuring three existing structures, the site offers flexibility for rehabilitation or demolition, making it ideal for various development scenarios. The property is grandfathered as residential and is situated within the Midtown Redevelopment area, potentially qualifying for grants. A variety of uses are possible, including but not limited to religious institutions, funeral homes, or multi-family residential buildings. The seller is motivated and will consider financing with a significant down payment. Utilities are on-site, and the seller will complete land cleanup before closing. A large commercial building is located adjacent to the property. This offering represents a compelling land value proposition. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0319
- Latitude
- 29.2031
