Once-in-a-Lifetime Oceanfront Investment Opportunity in Wilbur-by-the-Sea! Unlock the potential of this rare coastal gem - direct oceanfront multi-unit property in the heart of Daytona Beach’s beloved Wilbur-by-the-Sea. With VRBO allowed and zoned for 4 units with 4 separate meters, this is a golden opportunity to renovate and transform a legacy property into a high-performing income generator, a multi-generational coastal retreat. Spanning three levels, the property includes: • Two-2 Bed / 2 Bath Unit (approx 1,200 sq. ft. each) on the 2nd floor, with central AC, full kitchen, and panoramic ocean views from the covered porch and balcony. • Two- Studio Apartments (approx. 350 & 550 sq. ft.) on the 1st floor, each with full kitchens, window units, and courtyard access. • A 200 sq. ft. storage unit on the ground level. • Expansive courtyard with parking for up to 10 vehicles. • Mini side-deck, ideal for a future outdoor kitchen, shuffleboard court, fire-pit and lounge area. Seawall and beach stairs redone in 2023 ensuring peace of mind and direct beach access from your doorstep. Interior updates and cosmetic renovations are needed, giving you the chance to customize and increase value from day one. With the right vision, this property can become a standout vacation rental or long-term investment. This is truly a once-in-a-lifetime opportunity that doesn’t come up often, to own a turnkey, multi-unit property directly on the ocean with zoning that’s nearly impossible to replicate. Whether you're looking to generate passive income, establish a family compound, or create a dream coastal retreat, this property checks every box. Start building your legacy on the beach—schedule your private showing today.
| 7 months ago | Listing updated with changes from the MLS® |
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