Daytona Beach, FL, 32124 | $4,000,000
The 30-acre property located on W International Speedway Boulevard in Daytona Beach, FL, is situated in a prime area with significant commercial and residential development potential. This area is known for its high traffic volume due to its proximity to the Daytona International Speedway, making it an attractive location for businesses and developments aiming to benefit from the visibility and accessibility of this major thoroughfare.
Land Features and Zoning
The property features a flat, level terrain that is suitable for a variety of uses. It has substantial frontage on W International Speedway Boulevard, offering excellent visibility and access. The zoning allows for both commercial and residential development, providing flexibility for future use. The land's dimensions and specific features make it a valuable asset for developers looking to invest in a rapidly growing area.
Daytona Beach is a vibrant city known for its tourism, motorsports, and growing residential communities. The area around W International Speedway Boulevard is characterized by a mix of commercial establishments, including retail stores, restaurants, and service-oriented businesses. The region is experiencing significant growth, with new developments contributing to an increasing population and economic activity.
The population within a 5-mile radius of the property is approximately 105, 000, with a growth rate of around 14% over the past few years.
The immediate 3-mile radius has seen over 21% growth, indicating a rapidly developing area. The economy of Daytona Beach is largely driven by tourism, education, and healthcare sectors. The presence of Daytona International Speedway and events such as the Daytona 500 significantly boost local business activities.
The property is easily accessible via major highways, including Interstate 95, which enhances its appeal for commercial purposes.
Public transportation options and the development of bike-friendly infrastructure are improving connectivity in the area.
The surrounding community includes a diverse range of amenities such as schools, healthcare facilities, shopping centers, and recreational areas. The presence of educational institutions and healthcare facilities indicates a well-rounded community infrastructure supporting both residential and commercial growth.
Features
- Lot Size: 1166 x 1195
- Elem. School: Champion Elementary School
- Middle School: David C Hinson Sr Middle
- High School: Mainland High School
- MLS#: FC300705
- Days on Market: 161 days
- Website: https://www.raveis.com
/prop/FC300705/_daytonabeach_fl?source=qrflyer
Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY Phone: 386-276-9200
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Daytona Beach, FL, 32124
$4,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,200,000 | $3,200,000 | $3,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,490 | $20,755 | $28,096 |
| Total Monthly Payment | $20,615 | $20,880 | $28,221 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388