Property profile

345 S Atlantic Ave Daytona Beach, FL 32118

FOR SALE
Waterfront Land
Property ID
US19-0280632
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Property summary

AI-generated overview

1.13ac Oceanfront Development Site in Daytona Beach. Site is comprised of two parcels, with a single family home currently the only improvement. Zoning is T1 tourist accommodation, which also allows for condo and rental product. Density is R-40, however greater density is available via the PUD/PRD process. Seawall is intact from the recent storms, and should accelerate the development timeline. Site is adjacent to new oceanfront restaurant complex with Crabby's and Landshark Bar & Grille. This is one of the last 3 oceanfront development sites available in the core 12 miles of Daytona Beach coastline.

Property profile

Verified
Property type Waterfront Land
UPID US19-0280632

Cap rate & NOI

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

Location

345 S 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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