Active

$6,000,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRNS1086935
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Portfolio sale of five total combined lots. Rare opportunity to acquire a premier oceanfront development site in the heart of Daytona Beach, one of Florida's established and recognizable coastal tourism markets. This vacant beachfront lot is zoned Tourist Hotel, allowing for full-scale hospitality development with direct Atlantic Ocean frontage. The unimproved site offers a clean slate for a purpose-built hotel or resort designed to meet modern brand standards. Unobstructed ocean views and immediate beach access support strong ADR potential, occupancy performance and long-term brand value. Daytona Beach benefits from year-round tourism demand driven by leisure travel, major annual events, conventions and international visitation. Excellent accessibility via Daytona Beach International Airport and major interstate corridors further strengthens market fundamentals. Tourist Hotel zoning significantly reduces entitlement risk and positions the property as an ideal flagship location for nationally recognized hotel brands. Oceanfront sites with this zoning are increasingly scarce, reinforcing long-term value and replacement cost advantages. This offering presents a rare opportunity to control irreplaceable beachfront land in a proven Florida hospitality market with strong development and investment upside. Highlights include direct oceanfront lot, T-zone Hotel zoning, vacant and development-ready, ideal for branded hotel or resort use, Limited supply of comparable sites. Two lots direct oceanfront: 1.65 acres. Current Volusia County Use Zoning: Oceanfront Vacation Commercial. Three West A1A lots: 1.22 acres. Current Volusia County Use Zoning: Vacant Commercial. Buyer to perform all due diligence for usage feasibility and future permit acquisition. Sold as a single portfolio sale. Seller not willing to separate lots at this time. All listing information deemed reliable but not guaranteed. Buyer to perform all due diligence for usage feasibility and future permit acquisition.
Financial Considerations
Price:
$6,000,000
HOA Fee:
N/A
Tax Amount:
$36861
Price per SqFt:
$47.99
Tax Legal Description:
S 40 FT OF LOT 16 & LOTS 17 & 18 BLK 46 EAST DAYTONA EXC PART IN A1A INC PER OR 4856 PG 3460
Exterior Features
Lot Size:
125017
Lot Features:
Buildable, Cleared, CoastalConstruction Control Line, Curb and Gutters, Fire Hydrant, City Limits, Near Marina, Near Public Transit, Sidewalk, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    0 N ATLANTIC AVE
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