1650 Mason Avenue, Daytona Beach, FL

Land for Sale ‐ $4,000,000 ‐ 11.7 acres

Bull Realty, Inc.

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Agent Info

NameMichael Bull, CCIM
CompanyBull Realty, Inc.

Property Info

CIMLS #930913
Location1650 Mason Avenue
Daytona Beach FL 32117
Last UpdatedSeptember 5th, 2017
TypeLand
Price$4,000,000
Lot Size11.7 acres

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Property Description

Proposed 11.9 acre multifamily/student housing development in Daytona Beach, Florida. Designed for furnished student housing and corporate apartments. Ground up development: 144 units, 400 beds and clubhouse resort style student housing project.

Location Description:

The site is within 3.1 miles of the academic centers of three nearby higher-learning institutions: Daytona State College (1.0 mile), Embry-Riddle Aeronautical University (1.5 miles) and Bethune-Cookman University (3.1 miles).

The site is less than 3 miles to the bay, 3.9 miles from the Atlantic Ocean and approximately 1.5 miles from Tanger Outlet Mall. One Daytona, a major $900M commercial mixed-use development, Daytona International Speedway and Volusia Mall are less than one mile from site.

Lake Mason Retreat is less than five miles from two major medical centers with housing needs for student nurses and interns. Halifax Health is 1.9 miles from site and Florida Hospital Memorial Center is 4.6 miles. Lake Mason Retreat is close proximity to major employers with needs for fully furnished corporate housing.

Highlights:

>> Designed for furnished student housing and corporate apartments

>> 11.9 acre development

>> Ground up development: 144 units, 400 beds and clubhouse resort style student housing project, fully furnished

>> All architectural and engineering complete

>> All permitting except development permits

>> Market study prepared by Danter Company, LLC

>> 1.5 acres for commercial can be purchased separately for $1,000,000

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