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About This Home
This 2-bedroom, 1-bathroom single family at 120 Michigan Avenue in Daytona Beach, FL is listed for $1,200,000 ($930 per sqft). Built in 1930, the home offers 1,290 sqft of living space on a N/A lot.
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: 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, River
front 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 par
ks, 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.
Key Features
- Built in 1930
Property Details
Amenities
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
120 Michigan Avenue
Daytona Beach, FL 32114
Not In Subdivision
Questions & Answers
This 2-bedroom, 1-bathroom single family at 120 Michigan Avenue is listed at $1,200,000 ($930/sqft). The estimated monthly payment is $5,200 based on 20% down at 6.5% interest.
Key features include: Built in 1930.
This property is listed by Monique Miller and can be reached at 4046415275 or mmiller.regroup@gmail.com.
