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0 N ATLANTIC AVENUE, Daytona Beach, FL, 32118 | $6,000,000
Portfolio sale of five total combined lots. Rare opportunity to acquire a premier oceanfront development site in the heart of Daytona Beach, one of Florida's established and recognizable coastal tourism markets. This vacant beachfront lot is zoned Tourist Hotel, allowing for full-scale hospitality development with direct Atlantic Ocean frontage. The unimproved site offers a clean slate for a purpose-built hotel or resort designed to meet modern brand standards. Unobstructed ocean views and immediate beach access support strong ADR potential, occupancy performance and long-term brand value. Daytona Beach benefits from year-round tourism demand driven by leisure travel, major annual events, conventions and international visitation. Excellent accessibility via Daytona Beach International Airport and major interstate corridors further strengthens market fundamentals. Tourist Hotel zoning significantly reduces entitlement risk and positions the property as an ideal flagship location for nationally recognized hotel brands. Oceanfront sites with this zoning are increasingly scarce, reinforcing long-term value and replacement cost advantages. This offering presents a rare opportunity to control irreplaceable beachfront land in a proven Florida hospitality market with strong development and investment upside. Highlights include direct oceanfront lot, T-zone Hotel zoning, vacant and development-ready, ideal for branded hotel or resort use, Limited supply of comparable sites. Two lots direct oceanfront: 1. 65 acres. Current Volusia County Use Zoning: Oceanfront Vacation Commercial. Three West A1A lots: 1. 22 acres. Current Volusia County Use Zoning: Vacant Commercial. Buyer to perform all due diligence for usage feasibility and future permit acquisition. Sold as a single portfolio sale. Seller not willing to separate lots at this time. All listing information deemed reliable but not guaranteed. Buyer to perform all due diligence for usage feasibility and future permit acquisition.
Features
- Lot Size: 0 x 0
- Lot Desc: Buildable, Cleared, CoastalConstruction Control Line, Curb and Gutters, Fire Hydrant, City Lot, Near Marina, Near Public Transit, Sidewalk
- View: Water
- MLS#: NS1086935
- Days on Market: 65 days
- Website: https://www.raveis.com
/prop/NS1086935/0natlanticavenue_daytonabeach_fl?source=qrflyer
Listing courtesy of PREMIER SOTHEBYS INTL REALTY Phone: 386-761-2172
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
0 N ATLANTIC AVENUE, Daytona Beach, FL, 32118
$6,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $4,800,000 | $4,800,000 | $4,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,632 | $28,778 | $39,539 |
| Total Monthly Payment | $27,757 | $28,903 | $39,664 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388