Offered at a significant discount to replacement cost!
Seize the opportunity to own a premier mixed-use development on Beach Street, right in the vibrant heart of downtown Daytona Beach.
This unique property offers 12 second and third-floor upscale residential condos with high-end finishes, spacious layouts, and appealing views—ideal for sophisticated urban living and generating steady rental income.
The first floor features 10 commercial condos, including a leasable fully-equipped restaurant with a lounge, open courtyard, and space for a 22-seat bar and over 100+ additional dining seats, along with a separate pizza kitchen, banquet room, two vacant commercial units totaling 2,208 SF with mezzanines fronting on Beach Street, and 12 secure garage parking spots.
Unparalleled investment potential which benefits from the area's lively atmosphere and high pedestrian traffic, making it a prime spot for attracting a consistent flow of diners. Located on Beach Street, this development boasts prime visibility and accessibility to local amenities, cultural attractions, and the beach.
Combined with its diverse income streams, makes it a standout investment in one of Daytona Beach’s most sought-after areas. Don’t miss out on this exceptional opportunity to enhance your portfolio. Cash in on the $31,000,000 Riverfront Esplanade Park and the tens of millions of dollars in planned improvements to Jackie Robinson stadium, City Island Library and numerous other new and planned multi-family and downtown investments with a property that promises both strong upside in returns and ongoing growth.