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  • $1,200,000

    120 Michigan Ave, Daytona Beach, FL 32114

    2beds
    1,290sqft
    : 
    Single Family Residence, Residential
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $930/sqft
    $-- HOA

    What's special

    PROPERTY ADDRESS: 116, 120, 124, 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114 NUMBER OF PARCELS: 3 TOTAL LOT SIZE: ±47,916 SF | ±1.10 Acres ZONING: RDM-6, RDM-10, BA, and RDB-4 (To Be Verified by City of Daytona Beach) PROPERTY DESCRIPTION Prime Beachside Development Assemblage | ±1.10 Acres 116 - 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114 This rare three-parcel assemblage offers a unique opportunity to invest in Daytona Beach's revitalizing downtown district. Located steps from Main Street, the iconic Daytona Beach Boardwalk, and the Atlantic Ocean, this ±1.10-acre site includes multifamily residential and mixed-use commercial zoning - creating the ideal setting for a transformative redevelopment project. DEVELOPMENT HIGHLIGHTS Flexible Zoning Mix: Residential Multifamily: Parcels designated as 0804 and 0806 allow for 4 - 6 units per lot (RDM-6 or RDM-10). Mixed-Use Commercial Potential Uses: Boutique apartment complexes or urban townhomes Mixed-use buildings with retail/office below and residential above Short-term vacation rental units (subject to local approval) Live-work units or small hospitality concepts. Assemblage Advantage: Combined acreage enables larger-scale projects Potential to attract public incentives tied to Daytona Beach's downtown/beachside redevelopment initiatives. LOCATION & ACCESSIBILITY Proximity to Key Attractions: Less than 2 blocks from Main Street and the Atlantic shoreline Walking distance to the Daytona Beach Boardwalk, Riverfront Esplanade, museums, and marina Under 10 minutes to Daytona International Speedway and Daytona Beach International Airport. Transportation & Exposure: Positioned along N. Beach Street, a high-visibility corridor with estimated daily traffic counts of 8,000-12,000 vehicles Easily accessible via public transit and major regional connectors like International Speedway Blvd. INVESTMENT HIGHLIGHTS Strategic 3-Parcel Assemblage with redevelopment potential in a high-demand coastal zone Zoning Flexibility supporting multifamily, mixed-use, and short-term rental models High Visibility & Foot Traffic near tourism hotspots and major Daytona Beach events Walkable Lifestyle Location with access to entertainment, waterfront parks, and dining Tourism & Long-Term Rental Opportunity in a corridor experiencing ongoing economic and infrastructure growth ZONING VERIFICATION NOTICE: All buyers are encouraged to verify land use classifications, density allowances, and redevelopment guidelines directly with the City of Daytona Beach Planning & Zoning Department prior to contract execution.
    57 days
    on Zillow
    |
    29
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2025 at 09:36am

    Listed by:

    Monique Miller 404-641-5275,

    Oceans Luxury Realty Full Service LLC,

    Didiayer Snyder 818-287-4008

    Source: DBAMLS,MLS#: 1214439MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Description: Must Verify
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13.00 x 13.00
    Kitchen
    • Description: Must Verify
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 7.00 x 10.00
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Other
    Interior area
    • Total interior livable area: 1,290 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: One
    • Stories: 1
    Details
    • Parcel number: 533841000140
    • Zoning description: Multi Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Water: Other
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Not In Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Daytona Beach

    Financial & listing details

    • Price per square foot: $930/sqft
    • Tax assessed value: $193,771
    • Annual tax amount: $3,412
    • Date on market: 6/11/2025
    • Listing terms: Other
    • Electric utility on property: Yes
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