Property Description

One or more photo(s) has been virtually staged. PRICE IMPROVEMENT! Was $1,198,000.00 NOW $849,000.00Welcome to your unique residential home and business location all in one. Imagine living across from the beach in your 3000 sq. foot home and walking downstairs to your business as your commute. This property is ready for your personal touches and upgrades specific to your tastes.COMMERCIAL PROPERTY AT 2020 S ATLANTIC AVENUE DAYTONA BEACH SHORES, represents a rare opportunity to establish a presence in one of Florida's most vibrant and thriving coastal cities. Whether you are looking to open a retail store, a restaurant, or an office, this location offers the ideal setting for success. THIS IS AN EXCITING REDEVELOPMENT AREA: The combination of a prime oceanfront location on A1A and the proposed upscale 12-story hotel with luxury suites, private elevators, and a 5-story parking garage, will likely attract a high-end clientele. Additionally, a pre-planned luxury condominium building will further elevate the appeal of the area for both residents and tourists. As the redevelopment progresses starts and the surrounding area will transform into a luxury destination.DETAILS:Two buildings, Side building is 640 Sq. Ft. Main building is 6000 Sq. Ft., two story shell. Newer Roof. New Impact Resistant Hurricane Windows.The main building foundation which extends to the north and west boundary lines of the property, while the side building extends within five feet of the south boundary line, allowing for an increased potential for income that cannot be duplicated on this size parcel under current building code requirements. Lot Size 10,000.Special Purpose Permit allows for a utilization of a live/work property.MAIN BUILDING:First and Second floors with Steel I-Beam construction.First floor approximately 14 ft ceiling.Special conditional use permit.PARKING:Parking lot access from A1A and Park Avenue.Current parking capacity for 9 vehicles, including 1 handicap space.Potentially 15 parking spaces onsite.Feasibly, there can be additional offsite parking immediately behind the property across Fraile Street.Public parking available on Park Avenue.Unlimited foot traffic... located directly across the street from the Ocean.