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Development Opportunity, Plans Incl

471 3rd St : Daytona Beach, FL 32117

Volusia County, Florida

2.38 Acres
$225,000 USD
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Land Description

Wow.. what an amazing opportunity to build your portfolio. 2.38 Acres in southern Holly Hill.

Much of the pre-development leg work has been done:

-All underground utilities are in place

-Engineered plans for 16 townhomes convey with the sale

-The City of Holly Hill approvals are in place as of 2006

The value of completed townhomes estimated at over $3.5M

Estimated ROI of 20% with a $85/ sq. ft. building cost. Estimated cost to build $2.69M

Growing Market:

The lot is 2.38 acres and is located in the fast appreciating area of Holly Hill in Daytona. According to Holly Hill property values rose 12.3% in the last year. Showing heightened demand for housing.

Perfect location:

This property is a little over a ¼ mile away from the bustling Hwy 1, 9 minutes to Halifax Hospital and 11 mins away from Daytona Beach Int'l Airport. Also, 5 of the largest employers in Daytona are within a 15 min drive; employing over 21,000 people.

Included in this listing is parcel 1533 37 08 00 0030 and 1533 37 08 00 0060 and 1533 37 08 00 0040.

Call today to secure your position in this great commercial property.

Land Maps & Attachments

Directions to Land

From Daytona Beach Drive north on HWY 1 towards Holly Hill, take a left on 3rd st and the property is on the left hand side 1/3 of a mile down.

More Land Details

Owner Will Finance
Commercial Zoning
Flat Terrain
Paved Road Access
Electricity Service
Water Service
Sewer Service
Cell Service
Broadband Internet Service
Parcel Number (APN)
1533 37 08 00 0030; 0040; & 0060
Posted on LANDFLIP
93 Days Ago
Last Updated
2 Days Ago
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