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$325,0003 days on marketActive

440 S Caroline Street, Daytona Beach, FL 32114

Daytona Beach, FL 32114
0
Sq Ft
0.74 acres
Lot Size

Listing Snapshot

List Price$325,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.74 acres
Property Tax$1,024/yr
MLS #1179337514
StatusActive
Days on Market3

About This Home

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 project to be done in the landAvailable upon request

General Features

Property Type
Land
Sub-type
UnimprovedLand
Direction Faces
North
Subdivision
DAYTONA GARDENS PLAT 6

Interior Features

Exterior Features

Waterfront
No

Community Features

MLS Area
5940 - Other Florida County

Map

Listed by Sagrario Garcia · SFRMC Realty
MLS# 1179337514 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $260,000

%
Est. Monthly$1,859
Principal & Interest$1,774
Property Tax$85

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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