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Other Land - DAYTONA for Sale

998 BELLEVUE, DAYTONA, FL 32114

Asking Price$324,000 Change Price$25,000

Share by:
  • Taxes $657
  • Days on market:

    459 day(s)
  • Original Price:

    $750,000
  • Tax Legal Description:

    39-15-33 LOTS 2 & 3 EXC W 40 FT & ALL OF LOTS 4 THRU 12 BLK C KENSINGTON GARDENS DAYTONA BEACH MB 6 PG 184 PER OR 2191 P G 1806
  • Tax Year:

    2021
  • Property Type:

    Land
  • Waterfront:

    Yes
  • Waterfrontage (sqft):

    300
  • Waterfront Description:

    Canal Front
  • View:

    Canal View
  • Inclusions:

    None
  • Lot Features:

    City LocationNo Misc/Improvements 2 To Less Than 3 Acre Lot

Description

$324,000 • waterfront access

We have the honor to present to you: in the city, 3 parcels in total. 2.16 acres. see drawings to build attached reflecting 15.13% plus cap rate, potential construction of a 36 residential apartments. can also build condominiums, or 36 residential apartments with 2 bedrooms 2 bathrooms each unit (est. rent $1,850 per unit), with 94 parking spaces. these 3 lots are located facing: (lot 1 bellevue st., lot 2 jean st. and lot 3 south caroline st.). estimated cost to build the building it's around $3,986,600.00 million, and potential property value after construction over 9.3 million and up. this are estimated, and value will change according to market conditions. huge upside potential.
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