DO NOT LET YOUR INVESTORS MISS THIS OPPORTUNITY!!! ENDLESS BUSINESS OCEANFRONT POSSIBILITIES.....this PREMIER location in Daytona Beach Shores is SOUTH OF DUNLAWTON and has HIGHLY DESIRABLE DUAL ZONING of T (HOTEL/MOTEL DISTRICT) and RMF-1 (MULTI FAMILY RESIDENTIAL DISTRICT (HIGH DENSITY)). There is a wonderful 12 UNIT MOTEL BUSINESS now thriving on site that can provide a nice living OR provide revenues while future development plans are completed and approved. 100 DIRECT OCEANFRONT with ROOM FOR A POOL. The potential of this property is EXTENSIVE--possibly 37 UNITS of ASSISTED OCEANFRONT LIVING FACILITY, CONDOMINIUMS, HOTEL SUITES, MOTEL, TOURIST ACCOMMODATIONS, APARTMENTS, TRAVEL AGENCY, etc. The area is currently undergoing a massive BEAUTIFICATION PROJECT by the city, as well as multi-lane road improvements. Wonderful properties like this one are very rare and get acquired quickly by FORWARD THINKING INVESTORS, who are now re-entering the commercial real estate market while prices and rates are down. See the top of the MLS page and click on the "ATTACHMENTS" button for more information on Zoning, planning, lay outs, etc. THIS IS NOT A SHORT SALE!!! BRING ALL REASONABLE OFFERS!! Seller may consider financing. Confidentiality agreement must be signed by potential buyers.
Off market
Street View
$971,700
3621 S Atlantic Ave, Daytona Beach Shores, FL 32118
--beds
0baths
4,747sqft
SingleFamily
Built in 1948
6.2 Acres Lot
$971,700 Zestimate®
$205/sqft
$1,705 Estimated rent
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$971,700
2% more+ $19,434
With Zillow Showcase(estimated)
$991,134