The Opportunity

IPA is pleased to present the Daytona Opportunity Zone Multifamily Site ("the Subject"), a fully entitled and approved multifamily development site in the high-growth Daytona Beach market. This unique, coastal multifamily development opportunity is situated in a Qualified Opportunity Zone (QOZ) and has full development approval for up to 389 units on 23+ acres with excellent drive by visibility and provides extensive views of the Intracoastal Waterway. This site is extremely well located to capitalize on the area’s largest demand drivers, including major manufacturing, aviation, logistics & distribution, and healthcare employers. 

Key Investment Highlights

Full zoning and development approval in place for up to 389 units

Projected 2027-2029 annual deliveries are down 45% from 2023-2026 average, leading to 4.0 average annual rent growth estimates in Daytona Beach from 2027-2030 %

Located in a Qualified Opportunity Zone (QOZ)
Large, 23+ acre site allows for cost efficient, low-density development

High visibility location (25K+ ADT) w/ Intracoastal views from upper floors

Location Map

IPA Team

Shelton Granade

Shelton Granade

Executive Managing Director
License #: SL3042246
Ofc: +1 (407) 557-3870
Cell: +1 (407) 616-2187
Luke Wickham

Luke Wickham

Senior Managing Director
License #: SL3170987
Ofc: +1 (407) 557-3871
Cell: +1 (407) 460-4603
Justin Basquill

Justin Basquill

Managing Director
License #: SL3028792
Ofc: +1 (407) 557-3872
Cell: +1 (407) 754-8014
Sean Williams

Sean Williams

Managing Director
License #: SL3054109
Ofc: +1 (813) 387-4734
Cell: +1 (813) 453-3877
Erik Bjornson

Erik Bjornson

Senior Managing Director
License #: SL3196898
Ofc: +1 (904) 672-1429
Cell: +1 (904) 699-7582
Tyler Nilsson

Tyler Nilsson

Senior Managing Director
License #: SL3299428
Ofc: +1 (904) 672-1427
Cell: +1 (904) 477-8929
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