Description
SVN | Alliance is pleased to offer this beachside portfolio of Four Properties For Sale: 123 Coates Street (vacant land), 126 South Atlantic Avenue, 128 South Atlantic Avenue and 132 South Atlantic Avenue. 126 and 128 South Atlantic are both fully leased and 132 South Atlantic is available to an end user or can be leased to provide additional income. 123 Coates may be developed for additional paid parking, a drive through restaurant or for additional retail.The properties are located on the West side of South Atlantic across the street from the ocean and beach with 16,600 average daily traffic count in a growing tourist area. When fully leased, the pro-forma cap rate is 9.88%.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
SVN | Alliance is pleased to offer this beachside portfolio of Four Properties For Sale: 123 Coates Street (vacant land), 126 South Atlantic Avenue, 128 South Atlantic Avenue and 132 South Atlantic Avenue. 126 and 128 South Atlantic are both fully leased and 132 South Atlantic is available to an end user or can be leased to provide additional income. 123 Coates may be developed for additional paid parking, a drive through restaurant or for additional retail.The properties are located on the West side of South Atlantic across the street from the ocean and beach with 16,600 average daily traffic count in a growing tourist area. When fully leased, the pro-forma cap rate is 9.88%.
© 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Florida Life Real Estate Group. Data last updated: 2021-01-20T00:24:12.263.