Unimproved Land in 440 S Caroline Street, Daytona Beach, FL 32114 for sale with MLS# A12066391
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
440 S Caroline Street, Daytona Beach, FL 32114
- Price:
- $325,000.00
- Original List Price:
- $325,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $10.08
- List Price per Sq Ft (Calculated, Approx.):
- $10.08
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 8, 2026 4:00 am
- Lot Area:
- 32,234.40 Sqft
- Lot Size Dimensions and Info:
- 0.74
- Lot Size Acres:
- 0.74
- Number of Lots:
- 1
- Waterfront:
- No
- Current Use:
- Other, Unimproved, Residential
- Vegetation and Trees:
- Partial Tree Coverage
- Property Entrance Faces:
- North
- Road Responsibility:
- Public Maintained Road
- Road Frontage Type:
- Public Road
- Tax Annual Amount:
- $1,024.00
- Tax Year:
- 2025
- Water Source:
- Public
- Subdivision Name:
- DAYTONA GARDENS PLAT 6
- Senior Community:
- No
- Development Status:
- Other
- Documents Available:
- Plans, Other Available Information
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner Will Carry Points, Other
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 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
- Real Estate Folio Number (Parcel Number):
- 523907420120
- Active on the market since:
- August 8, 2026
- Listing Agreement executed on:
- August 8, 2026
- Listing Status Last Changed On:
- August 8, 2026 4:00 am
- Last Modified:
- August 9, 2026 12:40 am
- Courtesy of:
- SFRMC Realty
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- Caroline
- Street Number:
- 440
- City:
- Daytona Beach
- State:
- Florida
- Zip Code:
- 32114
- County:
- Volusia
- Latitude:
- N29° 11' 52.6''
- Longitude:
- W82° 57' 53.8''
- Street Suffix:
- Street
- Street Direction Prefix:
- S

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates