Description

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.