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120 MICHIGAN AVE Avenue, Daytona Beach, FL 32114

$1,200,000
Property Type: Commercial Sale Square Footage: 3,890 Status: Active
Current Price: $1,200,000 List Date: 6/10/2025 Last Modified: 6/10/2025

Overview

Description

PROPERTY ADDRESS: 116, 120, 124, 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114 NUMBER OF PARCELS: 3 TOTAL LOT SIZE: ±47,916 SF | ±1.10 Acres ZONING: RDM-6, RDM-10, BA, and RDB-4 (To Be Verified by City of Daytona Beach) PROPERTY DESCRIPTION Prime Beachside Development Assemblage | ±1.10 Acres 116 - 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114 This rare three-parcel assemblage offers a unique opportunity to invest in Daytona Beach's revitalizing downtown district. Located steps from Main Street, the iconic Daytona Beach Boardwalk, and the Atlantic Ocean, this ±1.10-acre site includes multifamily residential and mixed-use commercial zoning - creating the ideal setting for a transformative redevelopment project.

Supplements: DEVELOPMENT HIGHLIGHTS Flexible Zoning Mix: Residential Multifamily: Parcels designated as 0804 and 0806 allow for 4 - 6 units per lot (RDM-6 or RDM-10). Mixed-Use Commercial Potential Uses: Boutique apartment complexes or urban townhomes Mixed-use buildings with retail/office below and residential above Short-term vacation rental units (subject t ...

Listing Details MLS# 1214402

General Property Information

Building Area Total
3890
Water Body Access YN
No
Waterfront YN
No
Directions
From I95, travel down International Speedway, turn left onto N. Beach St. Make a left onto Michigan Ave. Destination is on the right.
Public Remarks
PROPERTY ADDRESS: 116, 120, 124, 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114 NUMBER OF PARCELS: 3 TOTAL LOT SIZE: ±47,916 SF | ±1.10 Acres ZONING: RDM-6, RDM-10, BA, and RDB-4 (To Be Verified by City of Daytona Beach) PROPERTY DESCRIPTION Prime Beachside Development Assemblage | ±1.10 Acres 116 - 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114 This rare three-parcel assemblage offers a unique opportunity to invest in Daytona Beach's revitalizing downtown district. Located steps from Main Street, the iconic Daytona Beach Boardwalk, and the Atlantic Ocean, this ±1.10-acre site includes multifamily residential and mixed-use commercial zoning - creating the ideal setting for a transformative redevelopment project.
List Price/SqFt
308.48

Property Features

Current Use: Multi-Family Lot Features: Other Parking Features: Other Sale Includes: Building & Land

Contract Information

Listing Contract Date
2025-06-10
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
120
Street Name
MICHIGAN AVE
Street Suffix
Avenue
County
Volusia
State
FL
Postal Code
32114
MLS Area Major
99 - Other

Status Change Information

Major Change Timestamp
2025-06-10T22:28:43Z
Major Change Type
New Listing

Location, Tax, and Legal

Country
US
Parcel Number
533841000140

More Information

Current Use

Multi-Family
Yes

Lot Features

Other
Yes

Parking Features

Other
Yes

Sale Includes

Building & Land
Yes
Listing Office: Oceans Luxury Realty Full Service LLC
Last Updated: June - 10 - 2025
Information deemed reliable but not guaranteed.

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