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Property profile

1928 Marilyn Ave Daytona Beach, FL 32118

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 12,632.4 square foot lot in Daytona Beach, Florida, presents a unique redevelopment opportunity. Located at 1928 Marilyn Avenue, this property boasts a prime beachfront location, directly across the street from the ocean. Previously a two-bedroom, one-bathroom home with a detached one-car garage, the structure was unfortunately damaged by a hurricane and subsequently demolished by the owner. The resulting cleared lot offers expansive dimensions of approximately 78 feet by 163 feet, providing ample space for a new construction project. Its convenient location offers proximity to essential services, situated just half a block from both the fire station and EMS. The asking price for this remarkable property is $355,900. This is an unparalleled chance to build a dream home or develop a commercial project in a highly desirable beachfront location. The property is zoned for commercial and multifamily use, offering flexibility for various development plans. Don't miss this exceptional opportunity to acquire a large lot in a prime Daytona Beach location.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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