NOT LISTED FOR SALE

910 S Peninsula Dr Daytona Beach, FL 32118

Estimated Value: $493,000 - $586,000

4.72 Acres
$114,301 Price per Acre
205,603 Sq Ft Lot

Last Sold January 30, 2015

Last sale price $1,670,000

Current estimated payment $3,486/month

866 Days on Market

About This Lot

As of January 2015

Original Site Plan was approved for 85 units, 12 Stories plus Penthouse Level. Design includes a parking garage with 168 spaces plus 4 handicap spaces.Marina was designed for 84 boat slips with direct intracoastal and ocean views.All architectural and engineering plans had been completed for Luxury Condominium Development. Development Order and site development permits had been issued by the city of Daytona Beach, but currently expired. All plans and entitlements are available to Purchaser.Condo documents completed, ready for review and submittal for approval.All utilities available. Water and sewer tap fees were 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 had been expended on soft costs , site plan, design, permits, etc.

Last Agent to Sell the Property

John Trost

Prudential Commercial Real Estate FL Listed on: 08/17/2012

Last Buyer's Agent

Karen Nelson

Nonmember office

Property Details

Property Type

  • Land

Lot Details

  • 4.72 Acre Lot
  • Lot Dimensions are 450x542
  • River Front

Property Views

  • River Views

Community Details

  • Atlantic City Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 4.72
  • Lot Size: 450x542
  • Subdivision Name: Atlantic City
  • Directions: Located on Peninsula Drive between International Speedway Boulevard and Orange Avenue.
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 4.72
  • General Property Information Lot Size Dimensions: 450x542
  • Location Tax and Legal:Tax Annual Amount: 51701.9
  • Location Tax and Legal:Tax Year: 2011
  • View:River: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Other
  • View: River
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Waterfront Features:River Front: Yes
  • Lot Features:Other18: Yes

Lot Info

  • Current Use: Multi-Family, Unimproved
  • Lot Size Sq Ft: 205603.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 51701.9
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Jan 15, 2015
Sold by
Black Pearl Investors Llc
Bought by
Emerald Financial Inc
Seller's Agent
John Trost
Prudential Commercial Real Estate FL
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$1,670,000
Sold Price
$1,670,000
Current Estimated Value
$539,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,130,500
Avg. Annual Appreciation
-9.95%
Original Mortgage
$1,200,000
Interest Rate
3.88%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 26, 2011
Closed on
May 4, 2012
Sold by
Atlas Fl I Spe Llc
Bought by
Black Pearl Investors Llc
Seller's Agent
Dwight Selby
Selby Realty, Inc.
Buyer's Agent
Dwight Selby
Selby Realty, Inc.
List Price
$761,000
Sold Price
$761,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.22%
Original Mortgage
$391,862
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2005
Sold by
Hawkins Donald E
Bought by
Black Pearl Llc

Purchase Details

Closed on
Dec 30, 2003
Sold by
Hawkins Alfred E
Bought by
Hawkins Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Emerald Financial Inc $1,670,000 Attorney
Black Pearl Investors Llc $761,000 Attorney
Black Pearl Llc $1,658,500 --
Hawkins Donald E $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Emerald Financial Inc $1,200,000
Previous Owner Black Pearl Investors Llc $391,862
Previous Owner Hawkins Donald E $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2015 01/30/15 Sold $1,670,000 0.0% --
12/31/2014 12/31/14 Pending -- -- --
08/17/2012 08/17/12 For Sale $1,670,000 +119.4% --
05/04/2012 05/04/12 Sold $761,000 0.0% -- View Prior Sale
04/11/2012 04/11/12 Pending -- -- --
05/26/2011 05/26/11 For Sale $761,000 -- --
Source: Daytona Beach Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,776 $496,441 $496,100 $341
2024 $7,776 $496,441 $496,100 $341
2023 $7,776 $496,441 $496,100 $341
2022 $7,414 $496,441 $496,100 $341
2021 $6,499 $336,097 $335,758 $339
2020 $7,752 $400,471 $400,140 $331
2019 $7,876 $400,470 $400,140 $330
2018 $8,154 $400,470 $400,140 $330
2017 $8,493 $400,457 $400,140 $317
2016 $8,916 $400,431 $0 $0
2015 $9,359 $400,427 $0 $0
2014 $9,447 $400,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Trost

    Prudential Commercial Real Estate FL

  • K

    Buyer's Agent in 2015

    Karen Nelson

    Nonmember office

    (386) 677-7131

    716 in this area

    9,173 Total Sales

    Karen Nelson
    Section Image

  • n

    Buyer's Agent in 2015

    non member

    Hayward Brown, Inc.

  • Dwight Selby

    Seller's Agent in 2012

    Dwight Selby

    Selby Realty, Inc.

    (386) 238-4456

    2 Total Sales

    Dwight Selby
    Section Image
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 534777

Daytona Beach Area Association of REALTORS®

APN: 5309-15-01-0060

Florida Volusia County Daytona Beach 32118

910 S Peninsula Dr, Daytona Beach, FL

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