www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29221694
29221695

167 E International Speedway Blvd, Daytona Beach, FL 32118

AO
FL SL3143588
Marcus & Millichap - Fort Lauderdale
JT
FL SL3174354
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale
Unpriced
141 days on market
Updated 50 days ago
Opportunity zone

Daytona Beach Gateway Waterfront Development Site

Details
APN 530804000010, 530804000020, 530805000042, 530805000043, 530805000045, 530913060010, 530913060020, 530913060030, 530913060040, 530913060050
Property Type Land
Sub Type Commercial, Residential
Acreage 14.310

Land | 14.31 acres

Marketing description

We are pleased to present the exclusive opportunity to acquire the Daytona Gateway Marina Development Site, a truly unique, large-scale waterfront assemblage located directly on the Intracoastal Waterway in Daytona Beach, Florida. This 14.31-acre site is positioned to become the market’s next signature “destination location” development, promising substantial economic and social returns.

The offering includes the entire 14.31-acre property, or component parts, providing exceptional flexibility for a visionary investor or developer to shape a mixed-use landmark development. Ownership is open to all reasonable offers for the acquisition of the full site, or for rights specifically related to the marina or the adjacent upland portion.

Investment Thesis and Property Features

This property represents an unparalleled opportunity to capitalize on the sustained growth and revitalization efforts within the Daytona Beach market.

Exceptional Scale and Location: The total land size is approximately 14.31 acres, comprising 6.59 acres of upland and 7.72 acres of submerged land. This significant acreage on the Intracoastal Waterway provides the canvas for a major destination project, seamlessly connecting the water to the community.

Established Value: A 2023 appraisal valued the property at $23,600,000 (As Is), underscoring the intrinsic value of this irreplaceable waterfront land.

Existing Entitlements: The site benefits from comprehensive existing entitlements that materially reduce development timeline and execution risk, including approvals for a 172-wet slip marina, a 300-room hotel, and two restaurants, townhomes, retail space, and required parking. The marina entitlements include the following:

Original Approved Marina Plan (Maintained Entitlements):

  • Original Submerged Land Lease Area: 5.57 AC (242,766 SF)

  • Approved Slip Count: 172 (153 Public & 19 Transient)

  • Slip Sizing: 30’–50’

  • Total Feet of Dockage: 5,590 LF

Marina Modification Application (In Process | Anticipated Completion: April–May 2026):

  • Applied for Expanded Submerged Land Lease Area: 7.72 AC (336,368 SF)

  • Permitted Slip Count: 130 (125 Public & 5 Transient)

  • Slip Vesting Fees: already accounted for (to be applied toward new slips)

  • Slip Sizing: 35’–120’

  • Total Feet of Dockage: 6,145 LF

  • Permitting Status: revised marina layout plans have been re-submitted to the U.S. Army Corps of Engineers; approval is anticipated

  • Permit Coverage: the previously granted permit remains valid through 2027

Powerful Local Incentives: The property is strategically located within a Community Redevelopment Agency (CRA) area and qualifies for Tax Increment Funds (TIF). These TIF funds are anticipated to be available until 2036, offering a powerful, non-dilutive financing mechanism for infrastructure and public improvements. Furthermore, the revitalization of this site is a priority for local government, ensuring strong municipal support for the project’s successful execution.

Listing Contacts

AO
FL SL3143588
Marcus & Millichap - Fort Lauderdale
JT
FL SL3174354
Marcus & Millichap - Fort Lauderdale
Listed by Marcus & Millichap - Fort Lauderdale

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591