128 Michigan Avenue

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<br />DEVELOPMENT HIGHLIGHTS<br />Flexible Zoning Mix:<br />Residential Multifamily: Parcels designated as 0804 and 0806 allow for 4 - 6 units per lot (RDM-6 or RDM-10).<br />Mixed-Use Commercial<br />Potential Uses: Boutique apartment complexes or urban townhomes<br />Mixed-use buildings with retail/office below and residential above<br />Short-term vacation rental units (subject to local approval)<br />Live-work units or small hospitality concepts.<br />Assemblage Advantage:<br />Combined acreage enables larger-scale projects <br />Potential to attract public incentives tied to Daytona Beach's downtown/beachside redevelopment initiatives.<br />LOCATION & ACCESSIBILITY<br />Proximity to Key Attractions:<br />Less than 2 blocks from Main Street and the Atlantic shoreline<br />Walking distance to the Daytona Beach Boardwalk, Riverfront Esplanade, museums, and marina<br />Under 10 minutes to Daytona International Speedway and Daytona Beach International Airport.<br />Transportation & Exposure:<br />Positioned along N. Beach Street, a high-visibility corridor with estimated daily traffic counts of 8,000-12,000 vehicles<br />Easily accessible via public transit and major regional connectors like International Speedway Blvd.<br />INVESTMENT HIGHLIGHTS<br />Strategic 3-Parcel Assemblage with redevelopment potential in a high-demand coastal zone<br />Zoning Flexibility supporting multifamily, mixed-use, and short-term rental models<br />High Visibility & Foot Traffic near tourism hotspots and major Daytona Beach events<br />Walkable Lifestyle Location with access to entertainment, waterfront parks, and dining<br />Tourism & Long-Term Rental Opportunity in a corridor experiencing ongoing economic and infrastructure growth<br />ZONING VERIFICATION NOTICE:<br />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.