Board Certified Real Estate Attorney Ray Schumann of Rice Law Firm provided legal services and closed the transaction for the sale of 3411 S. Atlantic Ave. The 1.04 acre property in Daytona Beach Shores Sold for $2,400,000.
The site is located directly north of the Dunlawton beach approach. Commercial Broker Tim C. Davis of SVN Alliance represented the parties on this transaction. The Seller was Legacy Group of Georgia LLC, and the Buyer was Daytona Beach Shores LLC. This represents the first oceanfront land sale since September of 2016 involving the sale of 749 S. Atlantic in Ormond Beach, also transacted by Mr. Davis.
Development sites such as 3411 S. Atlantic are becoming increasingly scarce in the Daytona Beach Market and these sites provide a unique opportunity to shape the future of the Daytona skyline.
Posted March 29, 2018