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32117 Zip Code Real Estate & Homes - Above $1 Million

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Browse All 32117 Zip Code FL Above $1M Properties for Sale

$1,175,000
Mason & Carswells Holly Hill SubDv. ⋅ 32117 Zip Code
Discover the development potential of this 4.8-acre corner parcel in Daytona Beach. Zoned MFR-20 (Multifamily Residential-20), the property contains approximately 209,088 square feet and offers a theoretical maximum density of up to 96 dwelling units based on 20 units per acre. Actual density and unit count will depend on site design, access, setbacks, parking, stormwater management, utilities, engineering, and City of Daytona Beach approvals. The parcel offers extensive road exposure along Brentwood Drive, Derbyshire Road, and White Street, creating excellent visibility and multiple potential access opportunities subject to City approval. Permitted MFR-20 uses include multifamily dwellings and complexes, assisted living facilities, nursing homes, hospice residential facilities, adult daycare centers, childcare facilities, community residential homes, and qualifying educational or institutional uses. A townhouse subdivision may be considered through the City’s Special Use Permit process. Public utilities are available in the surrounding area. No HOA. Located in FEMA Flood Zone X, where flood insurance is generally not required by lenders. The property is also positioned within a designated Opportunity Zone, adding long-term investment appeal. Centrally located near US Highway 1, Interstate 95, LPGA Boulevard, International Speedway Boulevard, Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Embry-Riddle Aeronautical University, Bethune-Cookman University, shopping, dining, employment centers, and the Atlantic Ocean. This centrally positioned infill parcel offers substantial potential for multifamily developers, senior-housing operators, healthcare-related organizations, educational institutions, and residential builders.

Brentwood Drive, Daytona Beach
$2,350,000
Mason & Carswells Holly Hil SubDv. ⋅ 32117 Zip Code
Welcome to Kennedy Garden Apartments, a 20-unit apartment building in Daytona Beach, FL. This meticulously maintained building offers a lucrative investment with strong rental potential and a desirable unit mix. Each of the 20 units features two bedrooms and one bathroom, offering approximately 900 square feet of living space. The roof of the building was replaced in 2019, ensuring structural integrity and providing peace of mind for both residents and property owners. There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.

1216 Kennedy Road, Daytona Beach
$1,750,000
32117 Zip Code
Nearly two-acre lot located at the corner of 6th Street and Nova Rd (SR 5A) in Daytona Beach. Adjacent to the former Daytona Beach News Journal building. Neighboring properties include Davita Kidney Care, Community Pharmacy, Domino's Pizza and CAN Community Health. Approximately 315’ of frontage on 6th Street and 220’ of frontage on Nova Rd. Shared access road from Nova Rd is in place. See attached Survey for details. Zoned PD-G (Planned Development – General) which would allow retail, service, gas station, convenience store, restaurant, medical, shopping center, etc. See attached Ordinance 16-294 for details. FDOT AADT 31,000 on N Nova Rd. Owner would also consider a land lease at $120K/year for a qualified tenant.

945 6th Street, Daytona Beach
$3,200,000
44 Beds ⋅ 27 Baths ⋅ Fitch Thomas Grant SubDv. ⋅ 32117 Zip Code
Oakwood is roughly 2 miles from the beach and is composed of 18 two bedroom one baths (900+/- SF), 8 one bedroom one baths (720+/- SF), and one 450+/- SF studio. While in place rents for the 1/1s are $1,059 per month, $1,150 has been achieved on recent leases and comps show $1,200 is the next target. The 2/1s are averaging in place $1,205/month, with recent leases at $1,275/month and a newly advertised rent of $1,299/month. The overall in place average rent is $1,156/month with the target market rent at $1,253/month. The flat roof was replaced 2015+/- and the mansard shingle portion was replaced in 2023. As with Sprucewood, almost $5,000/unit has been spent on capx, including shingles, HVAC units, water heaters, appliances, cabinets, countertops, flooring, and converting a storage room to the studio unit. Seller has another offering of 20 units available. See MLS #R4907511

321 Clifton Avenue, Holly Hill
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