2020 S Atlantic Ave Daytona Beach, FL 32118
- Retail properties
- 6,286 SF
- 0.28 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2020 S Atlantic Ave
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.28 lot acres
- Property size
- 6,286 SF
- Property type
- Retail properties
- APN
- 5316-21-00-0072
- APU
- 531621000072
Description
This exceptional mixed-use property, located at 2020 S Atlantic Ave in Daytona Beach Shores, Florida, presents a compelling redevelopment opportunity. The 6,000 square foot property, priced at $1,195,000 ($199.17/sq ft), comprises two buildings on a 100,115 square foot lot. The main building is a two-story shell with a new roof and is currently undergoing restoration, including the installation of impact-resistant windows. The property is zoned GCRC and offers versatile usage potential as a bar, restaurant, storefront, or a combination thereof. Its strategic location on South Atlantic Avenue places it within a thriving coastal city experiencing significant redevelopment, including the construction of a planned upscale hotel and luxury condominium building. This proximity to these projects promises increased foot traffic and a high-end clientele. The property benefits from its high-traffic location, attracting both tourists and local residents. Its proximity to Daytona Beach's attractions, including the boardwalk, Ocean Center, and pier, further enhances its appeal and potential for strong return on investment. This is an ideal opportunity for investors seeking a prime location in a rapidly growing market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $245,000
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Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.9964
- Latitude
- 29.202
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA