331 Palmetto Ave Daytona Beach, FL 32114
- Commercial land
- 600 SF
- 0.23 lot acres
Current Use by Public Records
- Commercial land
Property Details for 331 Palmetto Ave
- Year built
- 1920
- Construction
- WOOD FRAME
- Lot size
- 0.23 lot acres
- Property size
- 600 SF
- Property type
- Commercial land
- APN
- 5339-01-04-0031
- APU
- 533901040031
Description
This exceptional 10,018.8 square foot commercial lot presents a remarkable investment opportunity in the vibrant heart of Daytona Beach's historic district. Located at 331 S Palmetto Avenue, this property boasts a highly desirable location, placing you within easy walking distance of acclaimed restaurants, lively bars, and established professional businesses. The lot is directly across the street from Daytona Beach City Hall, ensuring high visibility and convenient access to city services. The property's zoning offers unparalleled versatility, allowing for a wide range of development possibilities. This includes the construction of single or multi-family dwellings, an assisted living facility, a childcare center, a private school, a medical or dental clinic, a pet service business, and numerous other commercial ventures. This unique zoning flexibility maximizes return on investment (ROI) by enabling the development of your own business while simultaneously owning the land, eliminating the burden of high rental costs. The asking price for this exceptional property is $140,000. While all information presented is believed to be accurate, it is not guaranteed. This is a rare opportunity to acquire a prime commercial lot in a thriving Florida location. Don't miss out on this chance to build your future in Daytona Beach.
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
- -81.0185
- Latitude
- 29.2066
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA