Property profile

2208-2214 Atlantic Ave Daytona Beach, FL 32118

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 35,109.36 square foot oceanfront parcel presents a rare development opportunity in Daytona Beach, Florida. Located at 2208-2214 N Atlantic Avenue, in Volusia County, zip code 32118 (29.258676, -81.02292), this high and dry lot boasts direct ocean frontage and a newer seawall. The property is zoned T-1 (Tourist), allowing for a variety of development options, including hotel, condominium, or multi-family residential projects. While a variance may be required for hotel or condominium construction, the potential for a lucrative development is undeniable. This is one of the few remaining oceanfront lots available, making it a truly unique investment opportunity. The asking price for this prime piece of real estate is $4,500,000. Its location on the world's most famous beach ensures high demand and strong potential for return on investment. Don't miss this chance to acquire a piece of Daytona Beach's coveted coastline.

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

Location

2208-2214 Atlantic Ave Daytona Beach, FL 32118
Daytona Beach metro
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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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