2060 Atlantic AveDaytona Beach, FL 32118
- Land
- 5,319 SF
Property Details for 2060 Atlantic Ave
- Year built
- 1959
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 5,319 SF
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 5316-18-00-1160
- APU
- 531618001160
Description
This exceptional 11,954 square foot commercial lot is located at 2060 S Atlantic Ave in Daytona Beach Shores, Florida, 32118. The property boasts a prime beachfront location with direct beach access, offering unparalleled visibility and foot traffic. Currently featuring one existing unit, this vacant lot presents a unique opportunity for various commercial developments, including retail, restaurants, or entertainment venues. Its strategic location near Daytona International Speedway, the Daytona Beach Boardwalk and Pier, and the Ponce de Leon Inlet Lighthouse ensures high exposure to a large and diverse customer base. The area offers abundant outdoor recreational activities, including golfing, fishing, and access to nearby state parks, catering to a wide range of interests. A variety of dining and shopping options, such as Ocean Walk Shoppes and Tanger Outlets, are also within easy reach. The property's location benefits from the significant tourism generated by major annual events like the Daytona 500, Bike Week, and Biketoberfest. The existing structure could be utilized as is, expanded upon, or even repurposed. Further investigation into potential rezoning for multifamily use should be conducted with the appropriate authorities to explore additional development possibilities. This property represents a compelling investment opportunity in a vibrant and high-traffic coastal community. The potential for significant return on investment is substantial, given the location, size, and diverse development possibilities.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,279,282
- Hospitality
- $1,171,816
- Educational
- $974,937
- Medical
- $1,008,466
- Retail
- $1,516,568
Location Insight
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Latitude
- 29.1993
- Longitude
- -80.995
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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