Property Listing No Longer Available for Sale

720 E. International Speedway Blvd.

Daytona Beach, FL

Retail for Sale - $799,000 - 7,000 Sq. Ft. on 0.27 acres


Property Info

CIMLS#973086
Location
  720 E. International Speedway Blvd.
  Daytona Beach FL 32118
UpdatedJanuary 30th, 2018
TypeRetail
Price$799,000
Building7,000 Sq. Ft.
Land0.27 acres

Property Description

This is a fantastic mixed use property consisting three free-standing buildings. the buildings contain of seven residential and three retail/ office units. Total retail sf is 1300 sf in one building and 1200 sf in the other. The seven residential units are comprised of four studio apartments, two single bedroom apartments, and one two bedroom apartment whereas the retail spaces are a mix between one shop, and two suites.

2 of the buildings have brand new roofs since Hurricane Mathew in late 2016, and most of the units are completely renovated.

Location Description:

Located on the West side of A1A by the beach and less than 15 Minutes East of I-95. Located centrally to the Daytona beaches and key attractions on beachside.

Highlights:

>> Mixed use Income Property

>> Pro forma 9%cap rate

>> Centrally located on East Int'l Speedway Blvd

>> 13,000+ SF to total Land area

>> T-4 zoning allows for a variety uses

>> 40,000+ average daily trips at Intersection

>> High Visibility from Atlantic Avenue

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Financials


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