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Note
500ft Hotel Condo Development Site, North Atlantic Avenue
Listing was updated at: 12/11/2018
Property Overview
Price/Rent PSF $ 6,000,000.00
Asset Type Land
Trade Type Sale
Acres Available 2.92
Date Available 12/11/2018
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Description

Location
2.6 miles north of the Daytona Beach Ocean Center and 0.3 miles south of Bel-Aire Plaza, a Publix anchored shopping center. Located nearly equidistant from major bridges to the mainland, SR40 and Seabreeze Blvd(CR430). Both of those arteries have access to interstates I-95, I-4, and US-92.

Sale
SVN Alliance is pleased to offer the direct oceanfront parcel at 2000 N. Atlantic Ave in Daytona Beach for sale. This is the widest vacant oceanfront parcel remaining on the market today at 500’. It is increasingly difficult to assemble sites this large for redevelopment purposes. This site is 225’ deep and a slight parallelogram in shape. The sale also includes a parcel on the west side of Atlantic Ave totaling +/-13,939 SF. The extra parcel could be used for additional parking or a complementary retail use. The seawall appears sound and in good condition. The utility service on North Atlantic is adequate for high density development on the site.

This site is 2.26 miles from the convention center, and the core tourist are of Daytona Beach, and 2.4 miles from Granada Blvd (SR40) in Ormond Beach. This section of Atlantic Ave would be suitable for both hotel and condo development. It is close enough to the attractions, but the quieter part of N. Atlantic Ave is just far enough out of the traffic to be a desirable residence.

Just north at the 2500 block of Atlantic is the Publix grocery store anchored Bel Aire Plaza. This plaza is the largest shopping center on the peninsula in terms of GLA, and is a shopping destination for beachside Daytona and Ormond Beach. The Daytona Beach area saw substantial new condo development during the last cycle at the southern end of the peninsula. This is a unique opportunity to control the largest vacant development site in Daytona Beach.

Location

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