537 Atlantic AveDaytona Beach, FL 32118

Property Details for 537 Atlantic Ave

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.20 AC

Property size (Sq ft)

6,765 SF

Property type

Retail properties

Property subtype

Retail space

APN

5305-01-39-0020

APU

530501390020

Description

This exceptional Daytona Beach retail property presents a unique investment opportunity. The offering includes a 7,200 square foot existing building currently operating as a souvenir shop, situated on a substantial 52,119 square foot (1.2 acre ±) parcel. A significant ground lease opportunity of approximately 14,000 square feet is also available on this prime beachfront land. The property is zoned BR-1, offering flexibility for a variety of retail uses. The existing building's proximity to a newly leased adjacent parcel, soon to house a Dollar General, promises increased foot traffic and enhanced visibility. This single-story building has no elevators. The property's location on North Atlantic Avenue in Daytona Beach, Florida (zip code 32118), places it in a high-demand tourist area with excellent access and visibility. This combination of an existing income-generating property and a substantial ground lease opportunity makes this a compelling investment prospect for savvy entrepreneurs seeking a foothold in a thriving coastal market. The property's size and location offer significant potential for future development and expansion.

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.235

Longitude

-81.0129

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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