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1012 N Atlantic Ave, Daytona Beach, FL 5 Land Properties Offered at $8,206,200 CAD in Daytona Beach, FL



Investment Highlights
- Versatile zoning: #1 A boutique condo development at 100 units × $1.2M average = $120M against a $6.25M land
- Versatile zoning: be it luxury condominiums, a branded resort hotel, or a combination (condo-hotel) etc.
- Versatile zoning: #2 A hotel with ~150 keys could capitalize on Daytona’s tourism, (Daytona’s ADR was ~$140 in Summer 2023).
- Waterfront
Executive Summary
High-density development opportunity - over 2.87 acres in Daytona's revitalizing A1A corridor. Ideal for boutique luxury hotel or luxury community with about 114 units (subject to city approval).
Great opportunity for investment. Portfolio of 5 lots, where 2/5 are DIRECT OCEANFRONT lots and 3/5 lots just across the street for the 2 waterfront ones. Zoned for hotel, apartment building (for up to 114 units, buyer to verify) etc.
Nearby attractions such as the Oceanwalk Shopping, Daytona Beach Ocean Center Conference/Arena and the Daytona International Speedway. Within approximately 1 hour to Walt Disney World, Kennedy Space Center, Historic St. Augustine and multiple state and county parks.
Great opportunity for investment. Portfolio of 5 lots, where 2/5 are DIRECT OCEANFRONT lots and 3/5 lots just across the street for the 2 waterfront ones. Zoned for hotel, apartment building (for up to 114 units, buyer to verify) etc.
Nearby attractions such as the Oceanwalk Shopping, Daytona Beach Ocean Center Conference/Arena and the Daytona International Speedway. Within approximately 1 hour to Walt Disney World, Kennedy Space Center, Historic St. Augustine and multiple state and county parks.
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
Property Facts
| Price | $8,206,200 CAD | Status | Active |
| Sale Condition | Bulk/Portfolio Sale | Number of Properties | 5 |
| Cap Rate | 25% | Individually For Sale | 0 |
| Sale Type | Investment | Total Land Area | 2.87 AC |
| Price | $8,206,200 CAD |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 25% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Land Area | 2.87 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 1012 Atlantic Ave, Daytona Beach, FL 32118 | Land | 0.96 AC | - |
| N Atlantic Ave, Daytona Beach, FL 32118 | Land | 0.69 AC | - |
| 1025 N Atlantic Ave, Daytona Beach, FL 32118 | Land | 0.66 AC | - |
| N Atlantic Ave, Daytona Beach, FL 32118 | Land | 0.40 AC | - |
| N Atlantic Ave, Daytona Beach, FL 32118 | Land | 0.16 AC | - |
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1012 N Atlantic Ave, Daytona Beach, FL
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