5 Beds
9 Baths
12,518 SqFt
5 Beds
9 Baths
12,518 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,518 sqft
Price per Sqft $95
Subdivision Not On The List
MLS Listing ID 1215168
Bedrooms 5
Full Baths 9
Year Built 1947
Annual Tax Amount $9,911
Lot Size 1.030 Acres
Lot Dimensions 1.03
Property Sub-Type Multi Family
Source Daytona Beach Area Association of REALTORS®
Property Description
An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4. The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning.
Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.
Location
State FL
County Volusia
Community Not On The List
Direction From US 1 and Mason, go north on US 1, property. of left after 3rd. street
Interior
Heating Central, Electric, Hot Water, Separate Meters
Cooling Central Air, Electric, Multi Units, Separate Meters, Split System, Varies by Unit, Wall/Window Unit(s), Individual
Exterior
Parking Features Additional Parking, Attached, Garage, Gated, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Unassigned
Garage Spaces 7.0
Utilities Available Cable Not Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Metal
Total Parking Spaces 7
Garage Yes
Building
Lot Description Cleared
Water Public
Structure Type Block,Stucco
New Construction No
Others
Senior Community No
Tax ID 4244-01-22-0310
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Schools and Properties Nearby
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