3631 S Atlantic Ave, Daytona Beach Shores, 32118

Multifamily - 5+ Units For Sale in Not In Subdivision

$4,000,000

27Beds
Baths
4,900Sqft
.93Acres
1970Built
MLS® #: 1017949
Active

SELLER FINANCING AVAILABLE!! NEWLY RENOVATED with over $1,000,000 in complete building restoration, roofs, and full interior upgrades. This premier oceanfront property offers 150' of OCEANFRONT with unparalleled beach views all within walking distance to Sunglow Pier, Crabby Joes, and Dunlawton. This is a beachfront investor's dream with three direct oceanfront homes (6-bed 4-bath, 4-bed 3.5-bath, 4-bed 2-bath), two-story 4-plex (each studio 1-bath), stand alone (1-bed 2-bath), stand alone (2-bed 1-bath) home with 2-car garage, all share an on-site laundry facility and a private walkway allowing access to the beach. INVESTORS...this property has rare T-zoning allowing daily or weekly vacation rentals.DEVELOPERS...this is the oceanfront property you've been looking for to build the next luxury high-rise condominium in Daytona Beach Shores! Property zoning and size allows for a 65-Unit Hotel or 57 Luxury Condos. Buy the parcel next door (55'X270) located at 3637 S Atlantic Ave for a combined lot size of 205'X270' and build an 87-Unit Hotel or 74-Unit Luxury High-Rise Condo!

Essential Information

MLS® #: 1017949
Price: $4,000,000
Bedrooms: 27
Square Footage: 4,900
Acres: 0.93
Year Built: 1970
Type: Multifamily
Sub-Type: 5+ Units
Style: Stand Alone, Apartment Building, Combination
Status: Active

Community Information

Address: 3631 S Atlantic Ave
Area: 12 - S Dunlawton to N Ponce Inlet
Subdivision: Not In Subdivision
City: Daytona Beach Shores
County: Volusia
State: FL
Zip Code: 32118

Amenities

Utilities: 200 Amp
Features: 1 - 5
Parking: Parking Lot
Is Waterfront: Yes
Waterfront: Ocean Front, Ocean View

Interior

Appliances: Microwave, Range, Refrigerator
Heating: Wall/Window Units
Cooling: Wall/Window Units

Exterior

Exterior Features: Curb/Sidewalks, Balcony/Decking
Lot Description: 40500
Construction: Concrete Block, Stucco Cover

Additional Information

Zoning: T-RMF-1

Listing Details

Listing Office: Oceans Luxury Realty Full Service LLC

Financials

$/SqFt: $816

© 2019 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.