Daytona Beach Shores, FL 32118,2020 S ATLANTIC AVE
Daytona Beach Shores, FL 32118,2020 S ATLANTIC AVE
Daytona Beach Shores, FL 32118,2020 S ATLANTIC AVE
Daytona Beach Shores, FL 32118,2020 S ATLANTIC AVE
Daytona Beach Shores, FL 32118,2020 S ATLANTIC AVE
Daytona Beach Shores, FL 32118,2020 S ATLANTIC AVE
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$ 1,198,000
Est. payment | /mo

6,600 SqFt


$ 1,198,000
Est. payment | /mo

6,600 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,600 sqft

Price per Sqft $181

Subdivision Armstrong Resub

MLS Listing ID TB8397490

HOA Y/N No

Year Built 1955

Annual Tax Amount $6,926

Property Sub-Type Retail

Source Stellar MLS

Property Description

Commercial property at 2020 South Atlantic Avenue, Daytona Beach Shores, represents a rare opportunity to establish a presence in one of Florida's most vibrant and thriving coastal cities. Whether you are looking to open a retail store, a restaurant, or an office, this location offers the ideal setting for success.


This is an exciting re-development area. The combination of a prime oceanfront location on A1A and the proposed upscale 12-story hotel with luxury suites, private elevators, and a 5-story parking garage, will likely attract a high-end clientele. Additionally, a pre-planned luxury condominium building will further elevate the appeal of the area for both residents and tourists. As the redevelopment progresses starts and the surrounding area will transform into a luxury destination.


Details:
Two buildings, Side building is 640 Sq. Ft. Main building is 6000 Sq. Ft., two story shell. New Roof. Currently undergoing restoration with impact resistant windows, paint and stucco, etc.
The main building foundation which extends to the north and west boundary lines of the property, while the side building extends within five feet of the south boundary line, allowing for an increased potential for income that cannot be duplicated on this size parcel under current building code requirements. Lot Size 10,000.


Main building:
First and Second floors with Steel I-Beam construction.
First floor approximately 14 ft ceiling.
Special conditional use permit.



Parking:
Parking lot access from A1A and Park Avenue.
Current parking capacity for 9 vehicles, including 1 handicap space.
Potentially 15 parking spaces onsite.
Feasibly, there can be additional offsite parking immediately behind the property across Fraile Street.
Public parking available on Park Avenue.

Location

State FL

County Volusia

Community Armstrong Resub

Area 32118 - Daytona Beach/Holly Hill

Interior

Cooling None

Building

Story 2

Entry Level Two

Foundation Block, Slab

Lot Size Range Non-Applicable

Structure Type Block,Concrete

New Construction false

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8397490

Stellar MLS
Listed by EXP REALTY LLC

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2020 S ATLANTIC AVE