440 S Caroline Street
Daytona Beach, FL 32114
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Bed
0
Bath
0.74Acre(Lot)
The property is ideally located less than 10 minutes from the beach and in close proximity to major thoroughfares including I-95 and Hwy A1A. It’s also near Daytona Beach International Airport, Daytona State College, Bethune-Cookman University, and top-rated schools such as Spruce Creek High and Tomoka Elementary. This offering presents a significant opportunity to develop a new rental property with strong income potential ( 7.5% cap rate) in a desirable, well-connected location. The owner is including the architectural concept design approved by the authorities. PROPOSED PROJECT TO BE DONE IN THE LAND: 8 APARTMENTSFEASIBILITY ANALYSIS:8 apartments, Area per unit: 754 sqft, Total area of construction: 6,032 sqft, Cost per each sqft: $150A 13.12% capitalization rate (cap rate) on a proposed
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: 0.74 Lot Size Acres: 0.74 Lot Size Square Feet: 32,234Property Information
Subdivision: DAYTONA GARDENS PLAT 6 Source Property Type: Land Property SubType: Unimproved Land Direction Faces: North
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Listing Price Information
Listing Price: $325000Cash, Conventional, OwnerWillCarry, Other
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Tax Information
Parcel Number: 523907420120 Tax Lot: 0120 Tax Year: 2025 Annual Tax: $1024 Tax Legal Desc: 39-15-33 LOTS 12 TO 15 INC BLK 42 DAYTONA GARDENS PLAT 6 MB 10 PG 76 OF HODGMANS DAYTONA M B 2 PG 82 MB 12 PG 13-15 PER O R 2286 PG 0432 PER
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Bellevue Avenue, Daytona Beach, FL, 32114 | $100,000 | -- | -- | -- | 0.34 Acre(Lot) |
| 1127 Martha Drive, Daytona Beach, FL, 32114 | $65,000 | -- | -- | 6,400 | 0.15 Acre(Lot) |
| 930 S Beach Street, Daytona Beach, FL, 32114 | $84,900 | -- | -- | -- | 0.22 Acre(Lot) |
| Nw Corner Of Wilder Bou.., Daytona Beach, FL, 32114 | $3,800,000 | -- | -- | -- | 10.38 Acres(Lot) |
| Grand Oaks Circle, Daytona Beach, FL, 32114 | $335,000 | -- | -- | 19,195 | 0.44 Acre(Lot) |
| 507 Wallace Street, Daytona Beach, FL, 32114 | $350,000 | -- | -- | -- | 2.34 Acres(Lot) |
| N Ridgewood Avenue, Daytona Beach, FL, 32114 | $125,000 | -- | -- | -- | 0.18 Acre(Lot) |
| 547 Live Oak Avenue, Daytona Beach, FL, 32114 | $40,000 | -- | -- | 5,184 | 0.12 Acre(Lot) |
| 274 Lexington Drive, Daytona Beach, FL, 32114 | $399,000 | -- | -- | 6,300 | 0.14 Acre(Lot) |
| 274 Lexington Drive, Daytona Beach, FL, 32114 | $399,000 | -- | -- | -- | 0.14 Acre(Lot) |
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ByOwner last updated this listing 08/10/2026 @ 08:26
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