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910 S Peninsula Drive, Daytona Beach, FL 32118

$1,670,000
Property Type: Land Lot Size (sq. ft.): 205,603 Status: Closed
Current Price: $1,670,000 List Date: 8/17/2012 Last Modified: 9/25/2024

Overview

Description

Original Site Plan was approved for 85 units, 12 Stories plus Penthouse Level. Design includes a parking garage with 168 spaces plus 4 handicap spaces.Marina was designed for 84 boat slips with direct intracoastal and ocean views.All architectural and engineering plans had been completed for Luxury Condominium Development. Development Order and site development permits had been issued by the city of Daytona Beach, but currently expired. All plans and entitlements are available to Purchaser.Condo documents completed, ready for review and submittal for approval.All utilities available. Water and sewer tap fees were paid to the city in the amount of $24,000.Site - Rough graded and ready to commence construction.Value Add - It has been estimated over $750,000 had been expended on soft costs

Supplements: , site plan, design, permits, etc.

Listing Details MLS# 534777

General Property Information

Lot Size Acres
4.72
Lot Size Dimensions
450x542
Association YN
No
Pool Private YN
No
Water Body Access YN
No
Directions
Located on Peninsula Drive between International Speedway Boulevard and Orange Avenue.
Public Remarks
Original Site Plan was approved for 85 units, 12 Stories plus Penthouse Level. Design includes a parking garage with 168 spaces plus 4 handicap spaces.Marina was designed for 84 boat slips with direct intracoastal and ocean views.All architectural and engineering plans had been completed for Luxury Condominium Development. Development Order and site development permits had been issued by the city of Daytona Beach, but currently expired. All plans and entitlements are available to Purchaser.Condo documents completed, ready for review and submittal for approval.All utilities available. Water and sewer tap fees were paid to the city in the amount of $24,000.Site - Rough graded and ready to commence construction.Value Add - It has been estimated over $750,000 had been expended on soft costs
List Price/Acre
444915.25
Sold Price/Acre
353813.56

Property Features

Lock Box Type: Supra Current Use: Multi-Family; Unimproved Lot Features: Other View: River Waterfront Features: River Front

Contract Information

Property Sub Type
Unimproved Land
Listing Contract Date
2012-08-16

Location Tax and Legal

Street Number
910
Street Direction Prefix
S
Street Name
Peninsula
Street Suffix
Drive
County
Volusia
State
FL
Postal Code
32118
MLS Area Major
14 - Daytona Peninsula S of Seabreeze
Subdivision Name
Atlantic City

Status Change Information

Major Change Timestamp
2015-02-03T02:51:58Z
Major Change Type
Status Change
Price Change Timestamp
2013-03-15T01:51:58Z
Close Date
2015-01-30
Close Price
1670000

Historical Information

Public Historical Remarks 1
Zoning (Text): RA; Road Frontage: 450; Topo: Yes; Soil Test: No; Recorded: No; Zone Complies: Yes; Survey: Yes; Subordinate: No; Franchise Opt In: No

More Information

Location, Tax, and Legal

Country
US
Tax Annual Amount
51701.9
Tax Year
2011
Tax Legal Description
Parcel No: 5309-15-01-0040, 5309-15-01-0041, 5309-15-01-0057, 5309-15-01-0060 & 5309-19-00-0130

View

River
Yes

Lock Box Type

Supra
Yes

Current Use

Multi-Family
Yes
Unimproved
Yes

Lot Features

Other
Yes

Waterfront Features

River Front
Yes
Listing Office: Prudential Commercial Real Estate FL
Last Updated: September - 25 - 2024
Information deemed reliable but not guaranteed.

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