241 Martin Luther King Boulevard S, Daytona Beach, FL 32114
$775,000
Property Type:
Land
Lot Size (sq. ft.):
82,328
Status:
Active
Current Price:
$775,000
List Date:
1/08/2025
Last Modified:
9/24/2025
Description
1.89 acres of 8 cleared parcels in the Midtown Redevelopment area with possible grants available. Previously approved for 36 Townhomes with an expired Planned District Agreement. The expired PDA included parking in the adjacent\contiguous city parking lot and off-site retention that is maintained by the city.
Future land use allows 40 units per acre. Owner may consider financing.
More Information MLS# 1207616
General Property Information
Lot Size Acres: 1.89
Lot Size Dimensions: irregular
CDD Fee YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: From International Speedway Blvd go south on MLK. Property starts at El Dorado St. which also includes the corner lot on El Dorado and MLK.
Public Remarks: 1.89 acres of 8 cleared parcels in the Midtown Redevelopment area with possible grants available. Previously approved for 36 Townhomes with an expired Planned District Agreement. The expired PDA included parking in the adjacent\contiguous city parking lot and off-site retention that is maintained by the city.
Future land use allows 40 units per acre. Owner may consider financing.
List Price/Acre: 410052.91
Contract Information
Seller Concessions Offered Y/N: No
Current Price: $775,000
Property Sub Type: Unimproved Land
Status: Active
List Price: $775,000
Listing Contract Date: 2025-01-08
Location, Tax, and Legal
Country: US
Parcel Number: 5339-28-02-0040
Tax Annual Amount: 943
Tax Year: 2024
Tax Legal Description: LOTS 4 & 5 & LOT 10 BLK 2N ROWLADERS 4TH ADD DAYTONA CASE #83-1403-CA-01 PER OR 7286 PG 2622 PER OR 7409 PG 3487 PER OR 7490 PG 2031
Zoning Description: Multi Family
Currently Not Used
Number Of Lots: 8
Lock Box Type
Other: 1
See Remarks: 1
Current Use
Investment: 1
Multi-Family: 1
Residential: 1
Retail: 1
Unimproved: 1
Listing Terms
Cash: 1
Conventional: 1
Owner May Carry: 1
Lot Features
Cleared: 1
Corner Lot: 1
Few Trees: 1
Irregular Lot: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Sewer
Public Sewer: 1
Showing Requirements
Other: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Development Status
Proposed: 1
See Remarks: 1
Location Tax and Legal
Street Number: 241
Street Name: Martin Luther King
Street Suffix: Boulevard
Street Direction Suffix: S
County: Volusia
State: FL
Postal Code: 32114
MLS Area Major: 32 - Daytona Beville to ISB, E of 95
Subdivision Name: Marshall
Status Change Information
Major Change Timestamp: 2025-03-17T16:40:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-03-17T16:40:58Z
Property Features
Lock Box Type: Other; See Remarks
Current Use: Investment; Multi-Family; Residential; Retail; Unimproved
Lot Features: Cleared; Corner Lot; Few Trees; Irregular Lot
Sewer: Public Sewer
Utilities: Electricity Available; Sewer Available; Water Available
Water Source: Public
Road Surface Type: Paved
Road Frontage Type: City Street
Listing Terms: Cash; Conventional; Owner May Carry
Possession: Close Of Escrow
Development Status: Proposed; See Remarks
Showing Requirements: Other
Listing Office:
Coldwell Banker Commercial Benchmark
Last Updated: September - 24 - 2025
Information deemed reliable but not guaranteed.