0 Forest Glen Boulevard, Daytona Beach, FL 32114
$2,990,000
Property Type:
Land
Lot Size (sq. ft.):
765,785
Status:
Closed
Current Price:
$2,990,000
List Date:
3/01/2013
Last Modified:
9/25/2024
Description
Student Housing/Multifamily Land 17.58+/- Acres.Designed as 350+ Multifamily Units. Located in Daytona Beach between Ormond Beach and Port Orange, with access off Nova Road and owners working on access from Clyde Morris Boulevard.Surrounding older multifamily complexes are enjoying very high occupancy. It is estimated that The Andros Isles. A 360+ unit luxury apartment complex nearby, leased up at a rate of approximately 20 units per month. Sold for over $136,000 per unit in 2012.3.77 miles from I-95 and I-4 and 2.88 miles from Downtown Daytona Beach.4.29 miles from Daytona Beach Intl. Airport and 3.00 miles from Halifax Harbor Marina.Just Minutes to:$289,000,000 One Daytona mixed-use project.
Supplements: e project.Trader Joe' s $80,000,000 - 800,000 sf distribution warehouse.Embry-Riddle Aeronautical University - more than 6,000 faculty and student body and $12,000,000 Research and Technology Park.Daytona State College - more than 33,000 students annually and 1,797 employees.Bethune-Cookman University - faculty and student body of more than 3,500.
More Information MLS# 541532
General Property Information
Lot Size Acres: 17.58
Lot Size Dimensions: 17.58
Association YN: Yes
Association Fee 2: 0
Association Fee 2 Frequency: Annually
Pool Private YN: No
Water Body Access YN: No
Directions: From International Speedway Boulevard turn South on Nova Road. Turn Right on Forest Glen Blvd. Site is at end of street.
Public Remarks: Student Housing/Multifamily Land 17.58+/- Acres.Designed as 350+ Multifamily Units. Located in Daytona Beach between Ormond Beach and Port Orange, with access off Nova Road and owners working on access from Clyde Morris Boulevard.Surrounding older multifamily complexes are enjoying very high occupancy. It is estimated that The Andros Isles. A 360+ unit luxury apartment complex nearby, leased up at a rate of approximately 20 units per month. Sold for over $136,000 per unit in 2012.3.77 miles from I-95 and I-4 and 2.88 miles from Downtown Daytona Beach.4.29 miles from Daytona Beach Intl. Airport and 3.00 miles from Halifax Harbor Marina.Just Minutes to:$289,000,000 One Daytona mixed-use project.
List Price/Acre: 184869.17
Sold Price/Acre: 170079.64
Location, Tax, and Legal
Country: US
Parcel Number: 534005190032
Tax Annual Amount: 6828
Tax Year: 2013
Tax Legal Description: S 685.24 FT OF LOTS 8 & 9 MEAS ON W/L BLK 19 BETHUNE GRANT MB 1 PG 56 OR MB 12 PG 41 PER OR 4838 PG 3189 PER OR 5804 PG1920
Lock Box Type
Supra: 1
Current Use
Multi-Family: 1
Unimproved: 1
Lot Features
Wooded: 1
Other: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): MFR-20; Road Frontage: 557; Soil Test: No; Recorded: No; Zone Complies: Yes; Survey: Yes; Subordinate: No; Franchise Opt In: No
Contract Information
Current Price: $2,990,000
Property Sub Type: Unimproved Land
Status: Closed
Sold Price: $2,990,000
Listing Contract Date: 2013-02-28
Location Tax and Legal
Street Name: Forest Glen
Street Suffix: Boulevard
County: Volusia
State: FL
Postal Code: 32114
MLS Area Major: 32 - Daytona Beville to ISB, E of 95
Subdivision Name: Bethune Grant
Status Change Information
Major Change Timestamp: 2015-11-02T15:42:44Z
Major Change Type: Status Change
Price Change Timestamp: 2015-01-15T02:51:37Z
Purchase Contract Date: 2015-09-02
Close Date: 2015-10-30
Close Price: 2990000
Property Features
Lock Box Type: Supra
Current Use: Multi-Family; Unimproved
Lot Features: Wooded; Other
Listing Office:
Prudential Commercial Real Estate FL
Last Updated: September - 25 - 2024
Information deemed reliable but not guaranteed.