Downtown Daytona Beach Multi-Purpose Buildings

129 Michigan Ave Daytona Beach, FL 32114

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FOR SALE Incentives
Property Type:
Last Verified:
Feb 15, 2017

Located on the SE corner of Michigan Ave and Daytona St. Just West of Beach Street.
Downtown Daytona Beach Mixed Use Property
RDD-4 Zoning. Downtown Daytona Beach Redevelopment Area
River Views
Several Possible Uses
Year Built: 1981
Building Size: 6308.0sq ft
Building Class: C
Lot Size: 0.38 acres

Map of 129 Michigan Ave, Daytona Beach, FL, 32114


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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.