440 S Caroline Street, Daytona Beach, FL 32114
Listing Snapshot
| List Price | $325,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.74 acres |
| Property Tax | $1,024/yr |
| MLS # | 1179337514 |
| Status | Active |
| Days on Market | 3 |
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
MLS# 1179337514 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $260,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.