235′ Oceanfront Parcel – SOLD

Posted by admin on April 29, 2015 under by Tim Davis, News Releases | Be the First to Comment

The oceanfront land located at 3167 S. Atlantic Avenue, in Daytona Beach Shores has sold for $2,950,000. The site features 235’ of frontage, and 275’ in depth to the seawall. The Seller, Strand Property Partners LLC, purchased the site in 2004 for the purpose of developing a 118 unit condo project. When the economic conditions derailed that project in 2008, the Owners decided to forgo development of the site. The Seller’s listed the property in May 2013 for $3,700,000.

The Buyer is the County of Volusia, who plans to develop the site into a public use facility, providing beach access and parking open to all residents and visitors of Volusia County.

Tim Davis represented the parties in this transaction.

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