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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.

Data Room Click Here to Access

Property Facts

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
  • Listing ID: 36882178

  • Date on Market: 2025-06-12

  • Last Updated:

  • Address: 1012 N Atlantic Ave, Daytona Beach, FL, Daytona Beach, FL

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