Waterfront
Address
118 E Fairview AVENUE, DAYTONA BEACH, FL
Price
$ 1,499,000
Property Attributes
  • MLS#V4931291
  • TypeCommercial
  • CountyVOLUSIA
  • CityDAYTONA BEACH
  • AreaDaytona Beach
  • NeighborhoodOrange Island Park Daytona
  • Zip32114
  • StyleRetail
  • Year Built1955
  • Taxes$ 12685
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12289
  • Lot Size0.66 Acres
Data Source:
Stellar MLS
Property Description

Investment Opportunity ALERT! Located in the heart of Daytona Beach, this commercial property offers O2M1 Zoning and provides an opportunity for a multitude of possibilities. Located less than 2 miles from the World’s Most Famous Beach. Please verify zoning use. Please verify all information listed. Woven into the fabric of historic Daytona Beach, this property is perfectly positioned in the heart of downtown within proximity to some of the city's greatest sites including the Jackie Robinson Ballpark, The Halifax River Yacht Club, waterfront cuisine, cultural amenities, world-class shopping, galleries, and less than 1.2 miles from the Ocean. Located in one of the most sought after areas in the Downtown Daytona Beach Historical District, this 12,289 square feet. Modified use potentially includes: motorcycle, car, or boat sales, restaurant or bakery, Club, Lodge, Place of Worship, Attorney or contractor office building, Clinic, government building and many more options! The possibilities are truly endless! An incredibly rare find, 118 Fairview Avenue is truly a once in a lifetime opportunity. Coming across the Main St bridge the historic Daytona Beach begins with you! As the heart of the new development boom, the Downtown Historic District, local transformations, area improvements and additions to the Downtown landscape includes a $70M ll-story building towering the west bank of the river and home to the new headquarters for Brown and Brown Insurance. Brown and Brown is the fifth largest independent insurance brokerage in the nation with over 600 employees at their new location. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom, 118 Fairview Avenue is the best value in the entirety of the Daytona Beach Commercial Real Estate market. A stunning and exceedingly rare piece of property ready for a buyer to make their mark and create something absolutely spectacular! Be the next owner of this quintessential Daytona Beach property and make your history here. Any commercial buyer that puts a premium on having it all must run, not walk, to see what this special location has to offer. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom with possible funds available with the Community Redevelopment Agency for this area.

Price History
7/19/2023 Listed $2,100,000
1/9/2024 29% - $1,499,000

General Features

Cooling Central Air
Zoning 02M1
Construction Materials Concrete
Year Built 1955
Property SubType Retail
Tax Year 2022
Percent Ownership Corporation
County Volusia
New Construction No
Property Type Commercial Sale
Subdivision Name ORANGE ISLAND PARK DAYTONA
Status Active
Directions Ridgewood to Fairview east to your new location!
City DAYTONA BEACH
Buyer Agent Compensation 3%
MLS Area 32114 - Daytona Beach
Lot Size Square Feet 28920
Waterfront Y/N No
Street Name Fairview
Listing Terms Cash,Conventional,Trade
Tax Annual Amount 12685
Public Remarks Investment Opportunity ALERT! Located in the heart of Daytona Beach,this commercial property offers O2M1 Zoning and provides an opportunity for a multitude of possibilities. Located less than 2 miles
Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4931291
Days on Market 210
Standard Status Active
Tax Lot 13
Legal Description LOT 13 BLK 3 & ALL BLK 5 ORANGE ISLAND PARK DAYTONA EXC PART IN R/W RB 163 PG 591 MB 5 PG 20 PER OR 5055 PG 0762 PER OR 5349 PG 0443 PER OR 7120 PG 2182 PER OR 7483 PGS 3309-3310
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Street Suffix AVENUE
Living Area Units Square Feet

Exterior Features

Lot Size Area 28920
Foundation Details Slab
Number of Buildings 1
Building Area Total 12289
Lot Size Acres 0.66
Road Surface Type Asphalt,Paved
Lot Size Units Square Feet
Road Frontage Type Access Road,City Street,Turn Lanes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32114

Price
AVG $700K
$1.5M
Taxes
AVG $6,092
$12,685
Visits
AVG 122
784
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1955

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