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Development Opportunity, Plans Incl

471 3rd St : Daytona Beach, FL 32117

Volusia County, Florida

2.38 Acres
$195,000 USD $225,000
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Property 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 datausa.io 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.

We are a real estate investment company. We buy and sell land throughout the country, so we are unable to meet you at the property.  We are not utilizing the services of a realtor, so you are welcome to visit the property at any time. We encourage you to visit the property at your convenience to make sure the property suits your needs.

Disclaimer: We have not been to this property. Everything we know is in this ad. No warranties are stated or implied. Land is being sold as is. Buyer is responsible for doing all due diligence and verifying accessibility, utilities, build-ability and all other information contained herein prior to purchase.

Property Maps & Attachments

Directions to Property

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 Property Details

Owner Will Finance
Commercial Zoning
Flat Terrain
Paved Road Access
Electricity Service
Water Service
Sewer Service
Cell Service
Broadband Internet Service
COMMERCIALFLIP ID
257403
Parcel Number (APN)
1533 37 08 00 0030; 0040; & 0060
Posted on COMMERCIALFLIP
102 Days Ago
Last Updated
5 Days Ago
Views
124
Saves
2

Property Price History

1/18/21
$195,000
$30,000
13.3%
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.