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$1,175,000
Est. payment /mo
5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Mason & Carswells Holly Hill
MLS Listing ID TB8507349
HOA Y/N No
Annual Tax Amount $8,317
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 491x407
Property Sub-Type Residential
Source Stellar MLS
Property Description
Discover the development potential of this 4.8-acre corner parcel in Daytona Beach. Zoned MFR-20 (Multifamily Residential-20), the property contains approximately 209,088 square feet and offers a theoretical maximum density of up to 96 dwelling units based on 20 units per acre. Actual density and unit count will depend on site design, access, setbacks, parking, stormwater management, utilities, engineering, and City of Daytona Beach approvals.
The parcel offers extensive road exposure along Brentwood Drive, Derbyshire Road, and White Street, creating excellent visibility and multiple potential access opportunities subject to City approval. Permitted MFR-20 uses include multifamily dwellings and complexes, assisted living facilities, nursing homes, hospice residential facilities, adult daycare centers, childcare facilities, community residential homes, and qualifying educational or institutional uses. A townhouse subdivision may be considered through the City's Special Use Permit process.
Public utilities are available in the surrounding area. No HOA. Located in FEMA Flood Zone X, where flood insurance is generally not required by lenders. The property is also positioned within a designated Opportunity Zone, adding long-term investment appeal.
Centrally located near US Highway 1, Interstate 95, LPGA Boulevard, International Speedway Boulevard, Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Embry-Riddle Aeronautical University, Bethune-Cookman University, shopping, dining, employment centers, and the Atlantic Ocean. This centrally positioned infill parcel offers substantial potential for multifamily developers, senior-housing operators, healthcare-related organizations, educational institutions, and residential builders.
The parcel offers extensive road exposure along Brentwood Drive, Derbyshire Road, and White Street, creating excellent visibility and multiple potential access opportunities subject to City approval. Permitted MFR-20 uses include multifamily dwellings and complexes, assisted living facilities, nursing homes, hospice residential facilities, adult daycare centers, childcare facilities, community residential homes, and qualifying educational or institutional uses. A townhouse subdivision may be considered through the City's Special Use Permit process.
Public utilities are available in the surrounding area. No HOA. Located in FEMA Flood Zone X, where flood insurance is generally not required by lenders. The property is also positioned within a designated Opportunity Zone, adding long-term investment appeal.
Centrally located near US Highway 1, Interstate 95, LPGA Boulevard, International Speedway Boulevard, Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Embry-Riddle Aeronautical University, Bethune-Cookman University, shopping, dining, employment centers, and the Atlantic Ocean. This centrally positioned infill parcel offers substantial potential for multifamily developers, senior-housing operators, healthcare-related organizations, educational institutions, and residential builders.
Location
State FL
County Volusia
Community Mason & Carswells Holly Hill
Area 32117 - Daytona Beach
Zoning 02BR2
Exterior
Utilities Available Cable Available, Electrical Nearby, Public, Utility Pole
Water Access No
Building
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Listed by Carol Villani PLANTATION REALTY, INC.




