526 Mason AveDaytona Beach, FL 32117

  • Warehouses
  • 5,341 SF
For Sale
$800,000 View listing

Property Details for 526 Mason Ave

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
5,341 SF
Property type
Warehouses
APN
4244-01-34-0019
APU
424401340019

Description

This Daytona Beach, Florida property at 526 Mason Avenue presents a unique investment opportunity. The 5,341 square foot mixed-use building, constructed in 1961, sits on a 12,920 square foot lot and offers a diverse range of potential uses. The property's zoning allows for a wide variety of retail businesses, including shops, furniture stores, and home supply centers. It also accommodates auto-related businesses such as gas stations and repair shops. Further permitted uses include adult entertainment establishments, multifamily residential development, and institutional uses. The property's versatility makes it suitable for a variety of business models, from a single large tenant to multiple smaller businesses. Its location in Daytona Beach, Florida, offers access to a significant population base and tourist traffic. The asking price is $800,000. This property is ideal for investors seeking a flexible and high-return investment in a dynamic market. The substantial lot size offers potential for future expansion or redevelopment. The property's diverse zoning allows for a wide range of possibilities, making it an attractive option for both experienced and new investors. Consider the potential for significant rental income or the development of a unique business concept within this versatile space. The property's history and location provide a solid foundation for future growth and profitability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,200,984
    Hospitality
    $1,100,095
    Educational
    $915,266
    Medical
    $946,743
    Retail
    $1,423,747

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.2254
Longitude
-81.0348
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
$5,618
$54,910
$258,432
$313,342
-
$54,910
$258,432
$313,342

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