High Density Multifamily Land - Beachside Greater Daytona Beach, FL

Approximately 1.3 acres on the river with Riparian rights in Port Orange, FL with R-3H high density multifamily zoning which allows a maximum density of 16 units per acre. Property currently has two houses with combined gross annual income of $26,400. First house has 10yr tenant on month to month lease. 2nd home on a one year lease. Pay all or most of the property taxes from the rental income. Great opportunity to buy and hold multifamily land beachside on the river. See video at the following link YouTube Video

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