$228.03 Per Sq Foot $3,677 est/mo Sourced by Back At You

624 N Wild Olive Ave,DAYTONA BEACH, FL 32118

DAYTONA BEACH FL, 32118

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Description

One or more photo(s) has been virtually staged. **JUST REDUCED** Own a piece of history a mere 2 blocks away from the World’s Most Famous Beach! This classic beauty just turned 100 years old and sits between the beach and the Intracoastal Waterway. Located in heart of the active Seabreeze District, which saw the majority portion of the 10.6 million visitors and tourists to the area in 2022. The building has 7 spacious rooms and 1/2 bath on 1st floor and 4 rooms with 2 full baths on 2nd floor and large storage/utility closet approx. 9.5’ X 7.5’. Plenty of parking on the lot which sits on just over a 1/4 acre. New interior and exterior 200-amp electrical service was completed in 2022. Land use designation is BR1, Business/Retail, allowing for a plethora of permitted uses ranging from visitor accommodations Hotel/Motel, Retail with permitted apartment above, Marine Sales & Services, Offices, Craft Brewery or Winery, Restaurant and Bank or Financial Institution to name a few. Please see attachment for a list of all permitted uses. Downtown Daytona is going through a rapid metamorphosis, regrowth and redevelopment. New safety strategies have been put into place in the area. A police sub-station opened 9/1/23 behind the property on Grandview Avenue. The city has approved and started implementing a 3.5-million-dollar budget to add new cameras and lighting in the Seabreeze District which is estimated to be completed by mid-February. Many exciting new current and upcoming developments for the area are: Daytona Gateway Marina boasts 2 Hi-Rise buildings standing over 400 ft. tall boasting 550 luxury residences, 300 room boutique hotel, restaurants and retail space. There will be 138 wet boat slips that can accommodate vessels up to 120’ in length and dry stack storage for 250 additional boats. Amazon is now hiring for its new 5 story, 2.8 million sq ft Robotics Fulfillment Center and is expected to provide an addition 1,000 jobs to the area. Tiki Supreme Commerce Park will be breaking ground soon for its 15-acre spec development, offering 85,000 sq ft of space. Daytona Entrada will also be breaking ground in 2024. The 121-acre mixed use center includes 208 rent-to-own Townhomes, 359 apartments and 115,000 sq ft of commercial space. The City of Daytona Beach is in the process of repairing all 12 beach access points damaged from the last few storms and estimated completion is end of 2024. The amount of current and upcoming developments, projects, businesses & jobs is indicative of the growth and revitalization that will propel and restore Historic Downtown Daytona to its former glory and truly earn the right to be called The World’s Most Famous Beach! Don’t let this opportunity get away, Make your offer today!

Details

MLS#O6146139
Listing TypeFor Sale
StyleMixed Use
Sub-TypeFor-sale
StatusActive
Year1924
Days On Site293
Listing Provided ByIMAGINE REALTY LLC | Jennifer Looney
Buying Commision2.5%-$350

Features

SQ Feet2,672
Story(s)2
ZoningBR1
Acreage0.26

Market Activity 32118

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 22, 2024 at 1:34:26 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyVolusia
CityDAYTONA BEACH
Zip Code32118
Area32118 Daytona Beach | Holly Hill
Community NameEAST DAYTONA
Listing VS Median (in EAST DAYTONA)
Price:
$685,000
low | high
Med:
$575,000
66.058394160584% of Average
SqFt:
2,672
low | high
Med:
2,843
43.600299401198% of Average
$ / SqFt:
$256
low | high
Med:
$202
71.107291310967% of Average
On Site:
293
low | high
Med:
62.000000
100% of Average
Sourced by Back At You
Listing Updated: July 3, 2024 at 9:05:53 PM PDT