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W International Speedway Blvd - International Speedway Blvd Apartment Site
19.92 Acres of Commercial Land Offered at $4,590,000 in Daytona Beach, FL 32124
Investment Highlights
- 20+/- acre multifamily development site along International Speedway Blvd
- Quick to I-95, I-4, DB Int'l Airport, DB Int'l Speedway, ERAU, Volusia Mall & Halifax Hospital
- Planned for 270 three-story apartments
Property Facts Under Contract
| Price | $4,590,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 19.92 AC |
| Property Type | Land |
| Price | $4,590,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 19.92 AC |
1 Lot Available
Lot
| Price | $4,590,000 | Lot Size | 19.92 AC |
| Price Per AC | $230,421.69 |
| Price | $4,590,000 |
| Price Per AC | $230,421.69 |
| Lot Size | 19.92 AC |
Along W International Speedway Blvd just 0.25 miles west of the intersection with Tomoka Farms Rd. Property is directly across from Hyde Park Storage Suites.
Description
Offered for sale is this 20+/- acre apartment site along W International Speedway Blvd (ISB). Located directly on ISB just 0.25 miles west of its intersection with Tomoka Farms Rd. The site is directly across the street from the Hyde Park Storage Suites and will have full access to ISB thru the existing median cut. It offers great visibility as with an AADT of 30,000 cars per day and is just 0.5 miles to I-95 and less than 2 miles to I-4 making it an ideal home for commuters. Nearby economic drivers include Daytona Beach Int'l Airport, Embry-Riddle Aeronautical University, Daytona Beach Int'l Speedway, ONE Daytona, Flea Market, Daytona Beach Auto Mall, Volusia Mall and Halifax Hospital. The site is planned for 270 apartments units across 9 three-story buildings plus a clubhouse. More density is possible via additional buildings or introducing four-story product. The site offers complete program flexibility thru a rezoning or possible annexation into the City of Daytona Beach. Utilities are available along ISB.
PROPERTY TAXES
| Parcel Number | 5234-00-00-0100 | Improvements Assessment | $0 |
| Land Assessment | $773,283 | Total Assessment | $773,283 |
PROPERTY TAXES
zoning
| Zoning Code | Volusia County |
| Volusia County |
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W International Speedway Blvd - International Speedway Blvd Apartment Site
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