This Property is no longer advertised on Showcase.com.
Off Market
1/11

167 E International Speedway Blvd
Daytona Beach, FL 32118


HIGHLIGHTS

  • Prime Location for Mixed Use and Marina Development
  • Ocean to Intracoastal Views
  • Sale or Joint Venture Opportunity
  • Project is located in CRA with local support
  • As Is Appraised Value: $23,600,000 (2023)
  • Existing Entitlements: 172 wet slip marina, 300 room hotel, 2 restaurants, townhomes, retail space and parking

OVERVIEW

FOR SALE OR JOINT VENTURE (JV ) | For Sale or JV: Optimally located on the Intracoastal Waterway in Iconic Daytona Beach, Florida, the Daytona Gateway Marina Development site sprawls across 14 +/- acres, including 6.8 acres of upland. Boasting existing entitlements for a marina, hotel, restaurants, and residential. This highly visible site has the potential for a transformative "destination location" waterfront development in the greater Daytona Beach area. The entire site is available for Sale or JV, inviting investors and developers to craft the next iconic landmark in the Daytona market. Property Highlights: * Soliciting Bids: For Sale or JV - All reasonable offers will be considered * As Is Appraised Value: $23,600,000 (2023) * Terms: Ownership remains flexible on deal structure i.e. acquire the rights for just the marina or the adjacent upland or the entire site. * * All reasonable offers will be considered * Site Size: 14± Acres assemblage (6.8 AC upland, 7.2 AC submerged)  * Existing Entitlements: 172 wet slip marina, 300 room hotel, 2 restaurants, townhomes, retail space and parking * Proposed Development: 125 wet slip marina, 280± unit dry storage facility, mixed-use residential with ground floor commercial and retail, waterfront restaurant, rooftop deck and pool * CRA: Located in a favorable redevelopment area covered by the Community Redevelopment Agency (CRA) * TIF: The CRA is authorized to provide tax increment funds (TIF) for redevelopment, which this site will qualify. Millions in TIF funds have already been awarded to local developers. TIF funds can be anticipated until 2036       * Local Support: For the City, the revitalization and transformation of this site have long been a top priority

FOR SALE DETAILS

PRICE

-

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Daytona Gateway

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hospitality, Apartment Units - Condo, Marina

LAND ACRES

-

LAND SF

-

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

530804000010,530804000020,530805000042,530805000043,530805000045,530913060010,530913060020,530913060030,530913060040,530913060050