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Mixed-Use Development | Downtown Daytona 128 S Beach St

22 Unit Apartment Building $8,287,612 CAD ($376,710 CAD/Unit) Daytona Beach, FL 32114

Investment Highlights

  • Prime mixed-use development on Beach Street in downtown Daytona Beach
  • Features 10 commercial condos, which consist of a fully-equipped restaurant, lounge, banquet room, and two vacant units
  • Capitalize on nearby $31M Riverfront Esplanade Park and major downtown investments for strong returns and growth
  • Includes 12 upscale residential condos with high-end finishes
  • High investment potential with diverse income streams and prime visibility in a vibrant, high-traffic area

Executive Summary

Offered at a significant discount to replacement cost!
Seize the opportunity to own a premier mixed-use development on Beach Street, right in the vibrant heart of downtown Daytona Beach.
This unique property offers 12 second and third-floor upscale residential condos with high-end finishes, spacious layouts, and appealing views—ideal for sophisticated urban living and generating steady rental income.
The first floor features 10 commercial condos, including a leasable fully-equipped restaurant with a lounge, open courtyard, and space for a 22-seat bar and over 100+ additional dining seats, along with a separate pizza kitchen, banquet room, two vacant commercial units totaling 2,208 SF with mezzanines fronting on Beach Street, and 12 secure garage parking spots.
Unparalleled investment potential which benefits from the area's lively atmosphere and high pedestrian traffic, making it a prime spot for attracting a consistent flow of diners. Located on Beach Street, this development boasts prime visibility and accessibility to local amenities, cultural attractions, and the beach.
Combined with its diverse income streams, makes it a standout investment in one of Daytona Beach’s most sought-after areas. Don’t miss out on this exceptional opportunity to enhance your portfolio. Cash in on the $31,000,000 Riverfront Esplanade Park and the tens of millions of dollars in planned improvements to Jackie Robinson stadium, City Island Library and numerous other new and planned multi-family and downtown investments with a property that promises both strong upside in returns and ongoing growth.

Property Facts

Price $8,287,612 CAD
Price Per Unit $376,710 CAD
Sale Type Investment
No. Units 22
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class B
Lot Size 0.67 AC
Building Size 33,607 SF
No. Stories 3
Year Built 2008
Opportunity Zone Yes

Site Amenities

  • Courtyard
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5339-0I-01-0060
  • 5339-0I-01-0010
  • 5339-0I-01-0080
  • 5339-0I-01-0040
  • 5339-0I-01-0050
  • 5339-0I-01-0070
  • 5339-0I-01-0090
  • 5339-0I-01-0100
  • 5339-0I-01-0030
  • 5339-0I-01-0020
Land Assessment
$135,705 CAD
Improvements Assessment
$1,185,003 CAD
Total Assessment
$1,320,708 CAD

zoning

Zoning Code RDD-1 (Opportunity zone 2017 act We have added apartment Hotel, Restaurant and liquor 4COP. RDD-1RDD -1 (Beach Street Retail) Redevelopment District City)
RDD-1 (Opportunity zone 2017 act We have added apartment Hotel, Restaurant and liquor 4COP. RDD-1RDD -1 (Beach Street Retail) Redevelopment District City)
  • Listing ID: 33052627

  • Date on Market: 2024-06-04

  • Last Updated:

  • Address: 128 S Beach St, Daytona Beach, FL 32114

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