South Daytona, FL --- Newmark Grubb Knight Frank has been
named exclusive broker in the sale of a unique 6.2-acre commercial development
site on the Halifax River in South Daytona.
Mark Eilers, Managing Director at Newmark Grubb
Knight Frank, said the riverfront site could be perfect for a luxury
condominium, hotel or mixed-use development and the timing is equally good:
impact fees for development of the site are discounted 75 percent for the next
two years.
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| Mark Eilers |
The site offers 603 feet of Halifax River frontage and PUD
zoning that allows development of 372 units, or 60 units per acre. The site’s
Mixed Use 1 designation in the City of South Daytona permits residential,
commercial, office, lodging or public uses.
“There’s also the potential to develop a marina with direct
access to the Intracoastal Waterway and the Atlantic Ocean,” Eilers said.
Eilers and Associate Jason Archer of Newmark Grubb Knight
Frank are leading the marketing assignment for the property.
Media contacts:
Mark Eilers, Managing Director, Newmark Grubb Knight Frank,
813-505-0066 meilers@ngkf.com
Jason Archer, Associate Newmark Grubb Knight Frank,
404-926-1115 jarcher@ngkf.com
Larry Vershel or Beth Payan, Larry Vershel Communications
Inc. 407 644 4142 Lvershelco@aol.com
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