120 Atares AveDaytona Beach, FL 32118
- Retail properties
Property Details for 120 Atares Ave
- Year built
- 1956
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional Daytona Beach Shores investment property, located at 120 Atares Avenue, offers a unique blend of existing income and significant development potential. The 24,829.2 square foot lot, zoned RMF-2, allows for the construction of up to 19 units, making it ideal for a variety of projects including prestigious condominiums, a boutique hotel, or upscale residential development. The property's strategic location near both the Halifax River and the Atlantic Ocean provides unparalleled access to desirable amenities and breathtaking views. Currently, a charming one-bedroom, one-bathroom home sits on the property and is utilized as a short-term rental, generating immediate cash flow. Built in 1956, this property encompasses eight individual lots, presenting a rare opportunity to acquire a substantial land parcel in a highly sought-after coastal location. The asking price for this multifamily, retail, and land opportunity is $575,000. This property is classified as commercial, apartment building, business, and duplex/triplex/quadruplex. Don't miss this chance to capitalize on the thriving Daytona Beach Shores real estate market.
Location Insight
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Latitude
- 29.1595
- Longitude
- -80.9753
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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