Property
Gateway Daytona Beach
Location
Daytona Beach, FL
Size
Mixed-Use Other
Value
$8.5M
Type
Sale

Gateway Daytona Beach

BlueGate Partners, LLC has been retained by the owner regarding its sale of the fee simple interest in the fully approved Gateway Daytona Development Parcel located at the northwest corner of East International Speedway Boulevard and Halifax Avenue in Daytona Beach, Volusia County, FL. The site totals approximately 5.4 acres and has approximately 650 lineal feet of frontage along the Intracoastal Waterway to the west, and approximately 490 linear feet of frontage along International Speedway Drive to the south. The site is adjacent to the Halifax River (Intracoastal Waterway), and is located less than one-half mile west of the Atlantic Ocean, approximately five miles east of I-95 (exit 261). The property is approved for a 172-slip marina, up to 300 hotel rooms, 16 condominium units, and up to 57,800 sf of retail and restaurant floor area.

The property is approximately four miles east of Daytona International Speedway, home of the Daytona 500 and the Pepsi 400, which has a capacity for over 167,000 people and generates approximately $1.9 billion in economic impact annually. Daytona Beach is one of Florida’s top tourist markets attracting over 8.3 million visitors, and generating over $4.7 billion in economic impact through tourism annually. In addition, according to a 2013 report by Mid-Florida Marketing and Research, Daytona Beach was listed as the #1 most visited beach from tourists within Florida and tourists east of the Mississippi.