1216 Atlantic Avenue

Estimated Monthly Payment: $26,221/mo 1216 Atlantic Avenue, Daytona Beach, FL 32118 MLS# 1019874 Lots and Land Listing Status: Active
304
220
0
42

REMARKS:

This is a prime opportunity to acquire what is arguably one of the best vacant oceanfront development sites in the Daytona Beach market. With +/- 404 frontage feet on the Atlantic Ocean, this is one of the largest remaining development site in Daytona Beach. The site is 2.68 acres net usable(the property inside the seawall).The first outstanding feature of the site may be its size, but more directly the favorable development climate in the City of Daytona Beach. The City has approved a selection of "high-density" hotel and condo projects in the past 2 years. Extrapolating the density approved for the Hard Rock Hotel just a dozen blocks south, utilizing the PUD process, a density of 300+ units should be achievable.The wide 404' site will allow a building design with every unit having a

OVERVIEW:

Lots and Land
Other
0.19

FEATURES:

Oceanfront, Oceanview

FINANCIAL:

$5,750,000
N/A

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of SVN Alliance Commercial RE Advisors

 

Information is deemed reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

 

© 2017  Daytona Beach Area Association of REALTORS┬« Multiple Listing Service. All rights reserved.