For Sale
$6,000,000

578 Ballough RdDaytona Beach, FL 32114

Prime Daytona Beach location, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Daytona Beach property, located at 578 Ballough Road, presents a unique investment opportunity. Encompassing a total of 21,780 square feet, this mixed-use assemblage includes three parcels totaling approximately 1.56 acres within the Downtown Ballough Road Redevelopment Area Plan. The existing 3,060 square foot building, constructed in 1950, is being sold "as is" and offers significant redevelopment potential. The property's prime location in the Daytona Design District, adjacent to the evolving Downtown Beach Street, positions it perfectly for a visionary developer. City grant opportunities exist within this redevelopment area, making this an attractive proposition for projects such as a vertical mixed-use multifamily community incorporating retail spaces. The assemblage provides a chance to revitalize and expand the area, creating a distinctive development that complements nearby businesses. This is a rare chance to shape the future of this dynamic Daytona Beach neighborhood. The asking price for this exceptional opportunity is $6,000,000. Serious inquiries are encouraged.

Highlights

  • $6,000,000 asking price.
  • 3,060 square foot building on a 21,780 square foot lot.
  • Built in 1950.
  • Located at 578 Ballough Road, Daytona Beach, FL 32114.
  • Part of a three-parcel assemblage in the Daytona Design District, ideal for redevelopment.

Property Details for 578 Ballough Rd

Property type
Warehouses, Amusement parks
Square Feet
3,060 SF
Year Built
1950

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.2243069
Longitude
-81.0231809
578 Ballough Rd, Daytona Beach, Florida

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578 Ballough Rd
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