124 Michigan Avenue, Daytona Beach, FL 32114
Overview
Description
Supplements: ... (Read more) Boutique apartment complexes or urban townhomes Mixed-use buildings with retail/office below and residential above Short-term vacation rental units (subject to local approval) Live-work units or small hospitality concepts. Assemblage Advantage: Combined acreage enables larger-scale projects Potential to attract public incentives tied to Daytona Beach's downtown/beachside redevelopment initiatives. LOCATION & ACCESSIBILITY Proximity to Key Attractions: Less than 2 blocks from Main Street and the Atlantic shoreline Walking distance to the Daytona Beach Boardwalk, Riverfront Esplanade, museums, and marina Under 10 minutes to Daytona International Speedway and Daytona Beach International Airport Transportation & Exposure: Positioned along N. Beach Street, a high-visibility corridor with estimated daily traffic counts of 8,000-12,000 vehicles Easily accessible via public transit and major regional connectors like International Speedway Blvd. INVESTMENT HIGHLIGHTS Strategic 3-Parcel Assemblage with redevelopment potential in a high-demand coastal zone Zoning Flexibility supporting multifamily, mixed-use, and short-term rental models High Visibility & Foot Traffic near tourism hotspots and major Daytona Beach events Walkable Lifestyle Location with access to entertainment, waterfront parks, and dining Tourism & Long-Term Rental Opportunity in a corridor experiencing ongoing economic and infrastructure growth ZONING VERIFICATION NOTICE: All buyers are encouraged to verify land use classifications, density allowances, and redevelopment guidelines directly with the City of Daytona Beach Planning & Zoning Department prior to contract execution.
Listing Details MLS# 1214446
General Property Information
- Bedrooms Total
- Yes
- Bathrooms Full
- Yes
- Bathrooms Total
- Yes
- Living Area
- 1190
- Year Built
- 1930
- Association YN
- No
- CDD Fee YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories
- Yes
- Senior Community YN
- No
- Directions
- From I95, travel down International Speedway, turn left onto N. Beach St. Make a left onto Michigan Ave. Property is located 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. 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:
- List Price/SqFt
- 1008.4
Property Features
Contract Information
- Property Sub Type
- Single Family Residence
- Property Attached YN
- No
- Listing Contract Date
- 2025-06-10
Location Tax and Legal
- Street Number
- 124
- Street Name
- Michigan
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32114
- MLS Area Major
- 99 - Other
- Subdivision Name
- Not In Subdivision
Status Change Information
- Major Change Timestamp
- 2025-06-11T19:13:46Z
- Major Change Type
- New Listing
Room Types
- Bedroom 1 Level
- Main
- Kitchen Level
- Main
- Bedroom 1
- Yes
- Kitchen
- Yes
More Information
Currently Not Used
- Bedrooms Total
- Yes
- Bathrooms Full
- Yes
- Bathrooms Half
- 0
- Bathrooms Total
- 1
- Living Area Source
- Appraiser
- Year Built
- 1930
- Accessibility Features YN
- No
- New Construction YN
- No
- Garage YN
- No
- Carport YN
- No
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 533841000140
- Tax Annual Amount
- 3412.96
- Tax Year
- 2024
- Tax Legal Description
- S 90 FT OF LOT 14 & LOTS 15 & 16 ROGERS RESUB BLK 1 ROGERS DAYTONA PER OR 2596 PG 0169 & PER OR 3273 PG 1196 PER OR 7357 PG 3046
- Zoning Description
- Multi Family
Appliances
- Other
- Yes
Cooling
- Other
- Yes
Current Use
- Mixed Use
- Yes
- Multi-Family
- Yes
- Office
- Yes
- Residential
- Yes
- Single Family
- Yes
Heating
- Other
- Yes
Levels
- One
- Yes
Listing Terms
- Other
- Yes
Parking Features
- Other
- Yes
Possession
- Other
- Yes
Showing Requirements
- Other
- Yes
Utilities
- Electricity Connected
- Yes
- Water Connected
- Yes
Water Source
- Other
- Yes
Room Information
| Room Name | Level | Length | Width | Remarks |
|---|---|---|---|---|
| Bedroom 1 | Main | 13.00 | 13.00 | Must Verify |
| Kitchen | Main | 10.00 | 7.00 | Must Verify |