Daytona Beach - Beach Property For Sale #2956210

We have the honor to present to you: In the City, 3 Parcels in total. 2.16 Acres. See Drawings to build attached reflecting 15.13% PLUS CAP Rate, potential construction of a 36 Residential apartments. Can also build condominiums, or 36 Residential apartments with 2 bedrooms 2 bathrooms each unit (Est. Rent $1,850 Per Unit), with 94 Parking spaces. These 3 lots are located facing: (Lot 1 Bellevue St., Lot 2 Jean St. and Lot 3 South Caroline St.). Estimated cost to build the building it's around $3,986,600.00 million, and potential property value after construction over 9.3 million and up. This are estimated, and value will change according to market conditions. Huge upside potential.