$315,000
Off Market

998 Bellevue

Daytona, FL 32114
Type:Purchase
Structure:Land
Zone:Residential

Description

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.

Location

Atlantic 360 Luxury Residences ArubaZENWAVE
Carolina