For Sale
$1,195,000

2020 Atlantic Ave Daytona Beach, FL 32118

Prime location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional mixed-use property, located at 2020 S Atlantic Ave in Daytona Beach Shores, Florida, presents a compelling redevelopment opportunity. The 6,000 square foot property, priced at $1,195,000 ($199.17/sq ft), comprises two buildings on a 100,115 square foot lot. The main building is a two-story shell with a new roof and is currently undergoing restoration, including the installation of impact-resistant windows. The property is zoned GCRC and offers versatile usage potential as a bar, restaurant, storefront, or a combination thereof. Its strategic location on South Atlantic Avenue places it within a thriving coastal city experiencing significant redevelopment, including the construction of a planned upscale hotel and luxury condominium building. This proximity to these projects promises increased foot traffic and a high-end clientele. The property benefits from its high-traffic location, attracting both tourists and local residents. Its proximity to Daytona Beach's attractions, including the boardwalk, Ocean Center, and pier, further enhances its appeal and potential for strong return on investment. This is an ideal opportunity for investors seeking a prime location in a rapidly growing market.

Highlights

  • High-traffic location in Daytona Beach Shores, benefiting from tourist and local traffic.
  • Strong redevelopment potential in a growing market with significant investment opportunities.
  • High return on investment potential due to prime location and versatile mixed-use zoning (GCRC).
  • Proximity to Daytona Beach attractions including the boardwalk, Ocean Center, and pier.
  • Surrounded by hotels and resorts, providing a consistent customer base.

Property Details for 2020 Atlantic Ave

Property type
Retail properties, Restaurants
Square Feet
6,000 SF
Buildings
2
Stories
2

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.202140593239
Longitude
-80.995996535751

FAQs

What type of property is this?
Retail property - Prime location, redevelopment opportunity.
Where is the retail property located?
The property is located at 2020 Atlantic Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: High-traffic location in Daytona Beach Shores, benefiting from tourist and local traffic.; Strong redevelopment potential in a growing market with significant investment opportunities.; High return on investment potential due to prime location and versatile mixed-use zoning (GCRC).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2020 Atlantic Ave
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