116 Michigan Avenue, Daytona Beach, FL 32114
Local realty services provided by:ERA Grizzard Real Estate
116 Michigan Avenue,Daytona Beach, FL 32114
$1,200,000
- 1 Beds
- 2 Baths
- 1,254 sq. ft.
- Single family
- Active
Listed by:monique miller
Office:oceans luxury realty full service llc.
MLS#:1214423
Source:FL_DBAAR
Price summary
- Price:$1,200,000
- Price per sq. ft.:$956.94
About this home
PROPERTY ADDRESS: 116, 120, 124, 128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114
NUMBER OF PARCELS: 3 - TOTAL SIZE: +47,916 SF | +1.10 ACRES
ZONING: RDM-6, RDM-10, BA, AND RDB-4 (To Be Verified by City of Daytona Beach)
PROPERTY DESCRIPTION: Prime Beachside Development Assemblage | +1.10 Acres 116 -128 Michigan Avenue & 440 N. Beach Street, Daytona Beach, FL 32114
This rare three-parcel assemblage offers a unique opportunity to invest in Daytona Beach's revitalizing downtown district. Located steps from Main Street, the iconic Daytona Beach Boardwalk, and the Atlantic Ocean, this +1.10-acre site includes multifamily, residential, and mixed-use commercial zoning - creating the ideal setting for a transformative redevelopment project.
DEVELOPMENT HIGHLIGHTS:
Flexible Zoning Mix: Mixed Use Commercial and Residential Multifamily: Parcels designated as 0804 and 0806 allow for 4-6 units per lot (RDM-6 or RDM-10)
POTENTIAL USES: Boutique apartment complexes or urban townhomes. Mixed-use buildings with retail/office below and residential above. Short-term vacation rental units (subject to local approval). Live-work units or small hospitality concepts.
ASSEMBLAGE ADVANTAGE:
Combined acreage enables larger-scale projects. The assemblage has the potential to attract public incentives tied to Daytona Beach's downtown/beachside redevelopment initiatives.
LOCATION & ACCESSIBILITY
Promixity to Key Attractions: Less than 2 blocks from Main Street and the Atlantic shoreline. Walking distance to the Daytona Beach Boardwalk, Riverfront Esplanade, museums and the marina. Under 10 minutes to Daytona International Speedway and Daytona Beach International Airport.
TRANSPORTATION & EXPOSURE:
Positioned along N. Beach Street, a high-visibility corridor with estimated daily traffic counts of 8,000 - 12,000 vehicles. Easily accessible via public transit and major regional connectors like International Speedway Blvd.
INVESTMENT HIGHLIGHTS:
Strategic 3-Parcel Assemblage with redevelopment potential in a high-demand coastal zone. Zoning flexibility supporting multifamily, mixed-use, and short-term rental models. High Visibility & Foot Traffic near tourism hotspots and major Daytona Beach events. Walkable Lifestyle Location with access to entertainment, waterfront parks, and dining. Tourism & Long-Term Rental Opportunity in a corridor experiencing ongoing economic and infrastructure growth.
ZONING VERIFICATION NOTICE:
All buyers are encouraged to verify land use classifications, density allowances, and redevelopment guidelines directly with the City of Daytona Beach Planning & Zoning Department prior to contract execution.
Contact an agent
Home facts
- Year built:1920
- Listing Id #:1214423
- Added:68 day(s) ago
- Updated:August 06, 2025 at 02:54 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,254 sq. ft.
Structure and exterior
- Year built:1920
- Building area:1,254 sq. ft.
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$956.94
New listings near 116 Michigan Avenue
- New
$290,000Active3 beds 2 baths1,738 sq. ft.1149 Clearwater Road, Daytona Beach, FL 32114
MLS# 1216915Listed by: DAYTONA BEACH REALTY CORP - New
$187,500Active2 beds 1 baths760 sq. ft.1636 Valencia Avenue, DAYTONA BEACH, FL 32117
MLS# V4944418Listed by: ADAMS, CAMERON & CO., REALTORS - New
$249,000Active2 beds 2 baths1,110 sq. ft.642 Bellevue Avenue, Daytona Beach, FL 32114
MLS# 1216902Listed by: TOP FLIGHT PROPERTIES II - New
$299,900Active2 beds 2 baths1,075 sq. ft.335 Seaview Avenue, DAYTONA BEACH, FL 32118
MLS# NS1085741Listed by: REALTY PROS ASSURED - New
$245,000Active3 beds 2 baths1,032 sq. ft.292 N Seneca Street, DAYTONA BEACH, FL 32114
MLS# O6336379Listed by: MIAMI NEW REALTY - New
$255,000Active2 beds 2 baths885 sq. ft.206 Bonner Avenue, DAYTONA BEACH, FL 32118
MLS# V4944405Listed by: KELLER WILLIAMS RLTY FL. PARTN - New
$648,900Active4 beds 3 baths2,776 sq. ft.115 Zaharias Circle, Daytona Beach, FL 32124
MLS# 1216878Listed by: BUCKLEY PREMIER PROPERTIES, LLC - New
$749,000Active4 beds 4 baths3,125 sq. ft.3 Oceans West Boulevard #7C6, DAYTONA BEACH, FL 32118
MLS# V4944265Listed by: OCEANS LUXURY REALTY FULL SVC - Open Sun, 11am to 2pmNew
$424,900Active5 beds 3 baths2,370 sq. ft.1295 Sand Trap Court, Daytona Beach, FL 32124
MLS# 1216865Listed by: COLDWELL BANKER PREMIER - New
$465,000Active3 beds 2 baths1,946 sq. ft.105 Cerise Court, Daytona Beach, FL 32124
MLS# 1216863Listed by: WE SELL OR WE BUY REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.