2060 Atlantic AveDaytona Beach, FL 32118

  • Land
  • 5,319 SF
For Sale

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
2060 Atlantic Ave, Daytona Beach, Florida

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

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
$2,217
$132,000
-
$132,000
-
$132,000
-
$132,000

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