613 Halifax AveDaytona Beach, FL 32118

  • Commercial land
  • 0.74 AC
For Sale
$3,300,000 View listing

Property Details for 613 Halifax Ave

Lot size
0.74 AC
Zone code
RP
Property type
Commercial land
APN
5305-01-03-0050
APU
530501030050

Description

This exceptional investment opportunity encompasses two adjacent lots totaling over one acre of developable land at 613 and 618 N Halifax Avenue in Daytona Beach, Florida. The combined lot size is 42,849 square feet, featuring 132 linear feet of direct waterfront access on the Halifax River. Situated in Daytona Beach's vibrant tourist district and redevelopment area, this property presents a unique chance to create a high-end coastal development. The site has already received approval for a 36-unit luxury condo project, complete with 39 boat slips, capitalizing on the desirable location where the river meets the ocean. The property's dimensions are approximately 123 feet by 361 feet. This prime real estate offers significant potential for a developer seeking to build a premier waterfront community. Owner financing may be available for qualified entities, and joint venture partnerships are also being considered. The asking price for this combined property is $3,300,000. The property is zoned for commercial and multifamily use, specifically as a duplex/triplex/quadruplex.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $13,755,400
    Retail / Commercial
    $7,098,660
    Mixed-Use / Specialty
    $7,108,800
    Hospitality / Lodging
    $5,261,640
    Office
    $7,103,480
    Institutional / Educational
    $7,402,950
    Residential Income
    $8,661,450
    Multifamily
    $10,191,600
    Automotive / Energy
    $6,345,390
    Parking / Income-Based Land
    $2,154,700
    Restaurant / Food Service
    $3,772,980
    Healthcare / Senior Housing
    $7,253,590

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.2338
Longitude
-81.0189
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,136
$569,342
-
$569,342
-
$569,342
-
$569,342

FAQs

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