578 Ballough Rd Daytona Beach, FL 32114-2257

This exceptional Daytona Beach property, located at 578 Ballough Road, presents a unique investment opportunity. Encompassing a total of 21,780 square feet, this mixed-use assemblage includes three parcels totaling approximately 1.56 acres within the Downtown Ballough Road Redevelopment Area Plan. The existing 3,060 square foot building, constructed in 1950, is being sold "as is" and offers significant redevelopment potential. The property's prime location in the Daytona Design District, adjacent to the evolving Downtown Beach Street, positions it perfectly for a visionary developer. City grant opportunities exist within this redevelopment area, making this an attractive proposition for projects such as a vertical mixed-use multifamily community incorporating retail spaces. The assemblage provides a chance to revitalize and expand the area, creating a distinctive development that complements nearby businesses. This is a rare chance to shape the future of this dynamic Daytona Beach neighborhood. The asking price for this exceptional opportunity is $6,000,000. Serious inquiries are encouraged.