440 S Caroline Street
Daytona Beach, FL 32114
MLS # A12066391· Active IDX
$275,000
- Bathrooms
- 0
- Lot size
- 32,234 sq ft
- Type
- Unimproved Land
- Days on market
- 67
About this home
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
Details
| MLS # | A12066391 |
|---|---|
| Status | Active |
| Subdivision | Daytona Gardens Plat 6 |
| County | Volusia |
| ZIP | 32114 |
| Waterfront | No |
| Water | Public |
| Annual taxes | $1,024 |
Listing courtesy of SFRMC Realty, Sagrario L Garcia. Last updated Aug 27, 2026, 10:54 AM ET.
Request a showing
Mention MLS # A12066391 (440 S Caroline Street) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(954) 703-4504The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Aug 27, 2026, 10:54 AM ET.