For Sale
$299,900

241-245 Franklin StDaytona Beach, FL 32114

Prime location, redevelopment opportunity.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Daytona Beach property, located at 241-245 S Franklin Street, presents a unique investment opportunity. Encompassing a substantial 16,552.8 square foot lot, the property is comprised of two parcels (51x165 and 75x110) sold as one. Currently featuring three existing structures, the site offers flexibility for rehabilitation or demolition, making it ideal for various development scenarios. The property is grandfathered as residential and is situated within the Midtown Redevelopment area, potentially qualifying for grants. A variety of uses are possible, including but not limited to religious institutions, funeral homes, or multi-family residential buildings. The seller is motivated and will consider financing with a significant down payment. Utilities are on-site, and the seller will complete land cleanup before closing. A large commercial building is located adjacent to the property. This offering represents a compelling land value proposition. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations

Highlights

  • 16,552.8 SF lot comprised of two parcels (51x165 & 75x110) in Daytona Beach, sold as one.
  • Three existing structures on-site, allowing for rehab or demolition.
  • Grandfathered residential zoning in Midtown Redevelopment area, potential grant eligibility.
  • Suitable for various uses including multi-family, religious institutions, or funeral homes.
  • Seller financing considered with substantial down payment; utilities on-site; seller to complete land cleanup pre-closing.
  • Adjacent to a large commercial building; strong land value proposition.

Property Details for 241-245 Franklin St

Property type
Specialty properties, Churches & religious facilities
Year Built
1925

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.2030558
Longitude
-81.0319347
241-245 Franklin St, Daytona Beach, Florida

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Contacts

Janet Stewart
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241-245 Franklin St, Daytona Beach, Florida, 32114

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

241-245 Franklin St
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