910 S. Peninsula Drive will be sold via online auction on 5/31/2013 from 11:00 AM EST to 3:00PM EST. The Starting Bid has been set at $450,000.Please visit the auction website (www.AuctionPoint.com/Peninsula) for more information and to register for the auction, or call the listing broker for more information.4.72+/- Acre Development - Fully Entitled Site.407+/- Feet of frontage along no wake zone Halifax River.Marina Designed for 84 boat slips with direct intracoastal and ocean views.Site Plan vested with the city, is approved for 85 units, 12 Stories plus Penthouse Level. Design includes a parking garage with 168 spaces plus 4 handicap spaces.All architectural and engineering plans have been completed for Luxury Condominium Development. Development Order and site development permits have been issued by the city of Daytona Beach and building permits are ready to be issued with very little delay. All plans, permits, and entitlements can be signed to Purchaser including but not limited to SJRWMD, DEP, DOT, DOH, etc.Condo documents completed and ready for submittal to the state.All utilities are available at the site. Water and sewer tap fees paid to the city in the amount of $24,000.Site - Rough graded and ready to commence construction.Value Add - It has been estimated over $750,000 has been expended on soft costs, site plan, design, permits, etc.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at 910 Peninsula Drive S, Daytona Beach, FL 32118 is currently for sale.
910 Peninsula Drive S is listed for $2,100,000.
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