239 S Dr Martin Luther King Jr Blvd - Residential LAND FOR SALE


Daytona Beach, FL 32114- Greater Daytona82,328 SF
$775,000 USD
386-295-0839
239 S Dr Martin Luther King Jr Blvd, Daytona Beach, FL for Sale
$775,000 USD
Residential LAND - FOR SALE
1/4
82,328 SF

239 S Dr Martin Luther King Jr Blvd
Daytona Beach, FL 32114
Greater Daytona


HIGHLIGHTS

  • Midtown Redevelopment area
  • Perfect townhome development
  • Owner may carry short term financing with 50% down

OVERVIEW

Explore the exceptional investment potential with this cleared land for a proposed 36 unit property located at 239-241 Martin Luther King Boulevard South. The expired PDA includes parking in the adjoining city parking lot and off-site retention that is maintained by the city. Boasting a prime location in Daytona Beach close to Bethune-Cookman University, this property is perfectly positioned for multifamily/low-rise/garden development. With future zoning for RDM-5, investors have the opportunity to maximize the site's potential for housing development. A new Planned Unit Development (PDA) may allow up to 40 units per acre. As an investor, you can capitalize on the thriving multifamily market in Daytona Beach and leverage the property's convience to Bethune Cookmna University to achieve long term success in the dynamic real estate landscape.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/ACRE

$410,055/AC

PRICE/SF

$9 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Dorms, Apartment Units - Subsdzd, Planned Unit Development, Single Family Development

LAND ACRES

1.89 AC

LAND SF

82,328 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets

ZONING

RDM-5

APN/PARCEL ID

533926000270

ASK ABOUT THIS PROPERTY

G.G. GallowayColdwell Banker Commercial BenchmarkMore Info
386-295-0839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

G.G. GallowayColdwell Banker Commercial BenchmarkMore Info
386-295-0839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.