About 440 S Caroline Street
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
Features of 440 S Caroline Street
| MLS® # | A12066391 |
|---|---|
| USD | $275,000 |
| CAD | $392,557 |
| CNY | 元1,843,160 |
| EUR | €245,671 |
| GBP | £207,919 |
| RUB | ₽23,304,903 |
| Acres | 0.74 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 440 S Caroline Street |
|---|---|
| Area | 5940 - Other Florida County |
| Subdivision | DAYTONA GARDENS PLAT 6 |
| City | Daytona Beach |
| County | Volusia |
| State | FL |
| Zip Code | 32114 |
Amenities
| Is Waterfront | No |
|---|---|
| Guest House | No |
Exterior
| Front Exposure | North |
|---|
Additional Information
| Date Listed | August 8th, 2026 |
|---|---|
| Days on Market | 63 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 523907420120 |
Listing Details
| Office | SFRMC Realty |
|---|---|
| sagrario.garciarealtor@gmail.com |