Mixed-Use Property in Daytona Beach Enters Market for $6.5 Million

Written by Posted On Friday, 19 November 2021 19:17

Located in the downtown historic district, the property includes residential and commercial units as well as a restaurant.

 

DAYTONA BEACH, FLA. (November 19, 2021) — An expansive mixed-use property has entered the market for $6.5 million. Located at 128 South Beach Street in the historic downtown district of Daytona Beach, this unique real estate opportunity encompasses residential-over-retail units as well as additional commercial spaces and an operational restaurant. Marketed exclusively by Andy Holland and Hal George of Premier Sotheby’s International Realty’s Winter Park office, the listing details can be viewed at premiersothebysrealty.com.

Property highlights:

  • 4-story newer building, built in 2008
  • 12 residential units with different floor plans; 12-spot resident parking garage 
  • 2 commercial spaces in the front of building on first floor, fronting Beach Street and the Halifax River 
  • 3,800-square-foot restaurant: 
    • courtyard dining area
    • full kitchen with 4 walk-in coolers
    • 16-foot cooking line and room for an exterior bar
    • commercial space behind backyard courtyard currently outfitted with all equipment to make pizza
    • private dining room on the back of building 
    • public parking in the back of restaurant
  • Second floor behind restaurant: 
    • space for condominium storage
    • office and fitness center

The property is located across the street from Riverfront Park, which is currently undergoing a $30 million renovation — including a splash pad and sea wall — with expected completion in February 2022. Just across Beach Street is the Halifax River, with approximately 30 floating docks; Daytona International Speedway is only two miles away.

“This ideal mix of residential and commercial space offers endless possibilities in a prime location," said Holland and George. "An urban oasis near the area’s best amenities and the airport, it presents an excellent opportunity to invest in Daytona Beach.”

 

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage is a division of The Lutgert Companies, a prominent member of Southwest Florida’s business community since 1964. For more information, visit premiersothebysrealty.com.

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