3742 Atlantic AveDaytona Beach Shores, FL 32118

  • Land
  • 0.47 AC
For Sale
$498,000 View listing

Property Details for 3742 Atlantic Ave

Lot size
0.47 AC
Zone code
RMF
Property type
Land
Property subtype
Commercial land
APN
6302-05-08-0200
APU
630205080200

Description

This exceptional 0.47-acre commercial lot in Daytona Beach Shores, Florida, presents a rare investment opportunity. Located at 3742 S Atlantic Ave, Volusia County, zip code 32118 (29.143419, -80.965479), this property is zoned RMF-2 (Multi-Family Residential District - Medium Density), allowing for the development of multi-family residential buildings. The lot extends from S. Atlantic Ave to Cardinal Blvd, providing convenient access to the beach – just 0.2 miles from the Emilia Ave Beach Vehicle Access Point. Its prime location offers easy access to local amenities, restaurants, and entertainment. The asking price is $498,000. Daytona Beach Shores boasts a thriving rental market with high demand, making this a potentially lucrative investment. City of Daytona Beach Shores LDC, Section 14-19, further details zoning regulations. This property is ideal for developers seeking to capitalize on the area's strong rental demand and vibrant community atmosphere. The location's proximity to the beach and local conveniences enhances its appeal and potential for high returns. Don't miss this chance to acquire a valuable piece of real estate in a booming market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,575,160
    Hospitality
    $5,106,817
    Educational
    $4,248,812
    Medical
    $4,394,935
    Retail
    $6,609,262
3742 Atlantic Ave, Daytona Beach Shores, Florida
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Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.1434
Longitude
-80.9655
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,576
$270,600
-
$270,600
-
$270,600
-
$270,600

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