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$5,200,000
Est. payment /mo
33,607 SqFt
UPDATED:
11/12/2024 11:52 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 33,607 sqft
Price per Sqft $154
MLS Listing ID 1203454
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 2008
Lot Size 0.277 Acres
Lot Dimensions 0.28
Property Description
Offered at a significant discount to replacement cost!
Seize the opportunity to own a premier mixed-use development on Beach Street, right in the vibrant heart of downtown Daytona Beach.
This unique property offers 12 second and third-floor upscale residential condos with high-end finishes, spacious layouts, and appealing views—ideal for sophisticated urban living and generating steady rental income. The first floor features 10 commercial condos, including a leasable fully-equipped restaurant with a lounge, open courtyard, and space for a 22-seat bar and over 100+ additional dining seats, along with a separate pizza kitchen, banquet room, two vacant commercial units totaling 2,208 SF with mezzanines fronting on Beach Street, and 12 secure garage parking spots. Unparalleled investment potential which benefits from the area's lively atmosphere and high pedestrian traffic, making it a prime spot for attracting a consistent flow of diners. Located on Beach Street, this development boasts prime visibility and accessibility to local amenities, cultural attractions, and the beach.
Combined with its diverse income streams, makes it a standout investment in one of Daytona Beach's most sought-after areas. Don't miss out on this exceptional opportunity to enhance your portfolio. Cash in on the $31,000,000 Riverfront Esplanade Park and the tens of millions of dollars in planned improvements to Jackie Robinson stadium, City Island Library and numerous other new and planned multi-family and downtown investments with a property that promises both strong upside in returns and ongoing growth.
Prime mixed-use development on Beach Street in downtown Daytona Beach
Includes 12 upscale residential condos with high-end finishes
Features 10 commercial condos, which consist of a fully-equipped restaurant, lounge, banquet room, and two vacant units
High investment potential with diverse income streams and prime visibility in a vibrant, high-traffic area
Capitalize on nearby $31M Riverfront Esplanade Park and major downtown investments for strong returns and growth
Seize the opportunity to own a premier mixed-use development on Beach Street, right in the vibrant heart of downtown Daytona Beach.
This unique property offers 12 second and third-floor upscale residential condos with high-end finishes, spacious layouts, and appealing views—ideal for sophisticated urban living and generating steady rental income. The first floor features 10 commercial condos, including a leasable fully-equipped restaurant with a lounge, open courtyard, and space for a 22-seat bar and over 100+ additional dining seats, along with a separate pizza kitchen, banquet room, two vacant commercial units totaling 2,208 SF with mezzanines fronting on Beach Street, and 12 secure garage parking spots. Unparalleled investment potential which benefits from the area's lively atmosphere and high pedestrian traffic, making it a prime spot for attracting a consistent flow of diners. Located on Beach Street, this development boasts prime visibility and accessibility to local amenities, cultural attractions, and the beach.
Combined with its diverse income streams, makes it a standout investment in one of Daytona Beach's most sought-after areas. Don't miss out on this exceptional opportunity to enhance your portfolio. Cash in on the $31,000,000 Riverfront Esplanade Park and the tens of millions of dollars in planned improvements to Jackie Robinson stadium, City Island Library and numerous other new and planned multi-family and downtown investments with a property that promises both strong upside in returns and ongoing growth.
Prime mixed-use development on Beach Street in downtown Daytona Beach
Includes 12 upscale residential condos with high-end finishes
Features 10 commercial condos, which consist of a fully-equipped restaurant, lounge, banquet room, and two vacant units
High investment potential with diverse income streams and prime visibility in a vibrant, high-traffic area
Capitalize on nearby $31M Riverfront Esplanade Park and major downtown investments for strong returns and growth
Location
State FL
County Volusia
Direction Located on Beach Street in Downtown Daytona Beach just one block south of International Speedway Boulevard and approximately 0.8 miles to Brown & Brown Insurance Headquarters, 5 miles to I-95, and 1.3 miles to the beach. In an Opportunity Zone.
Exterior
Parking Features Other
Building
Lot Description Other
Others
Senior Community No
Tax ID 5339-0I-00-0001
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Listed by SVN Alliance Commercial Real Estate Advisors
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