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Here are the 10 best Volusia County real estate sales so far in 2024

Umito October 30, 2024

DAYTONA BEACH — Last week saw two of the biggest real estate deals of the year in Volusia County: Amazon’s. purchase of its new robotic distribution center here and Brown & Brown’s acquisition shops in downtown Burgoyne Village.

Amazon’s nearly $393.9 million purchase was the best seller of the year, while Brown & Brown’s $10 million purchase ranked 10th, according to a list update provided by the Volusia County Property Appraiser’s Office.

Here’s a look at the top 10 of the year so far, with just two months to go:

1. Amazon’s record $393.9 million purchase

The $393,877,200 the e-commerce giant paid for the five-story, 2.8 million-square-foot robotic distribution center at 2519 Bellevue Ave. in Daytona Beach have shattered the all-time record for the highest amount paid for a commercial real estate property in Volusia. County. The previous record was $123 million paid by Virginia-based Capital Square 1031 for the 599-unit site The falls 55-and-older manufactured home community near Clyde Morris Boulevard in Ormond Beach as of December 2020, according to Volusia County property records

When the robotic fulfillment center finally opens, around 2025, it is expected to create 1,000 jobs as part of Amazon’s efforts to increase its same-day and next-day deliveries in east-central Florida.

The seller was Dallas, Texas-based Hillwood Communities, a Ross Perot Jr. company that developed several distribution centers across the country for the e-commerce giant.

2. New Smyrna nursing home brings in $25.6 million

The Beachside Center for Rehabilitation & Healthcare nursing home, located at 2810 S. Atlantic Ave., in New Smyrna Beach, and the parking lot across the street at 2708 S. Atlantic Ave., were sold on Jan. 11 2024 for $25.6 million. This is the second largest real estate purchase of the year so far.

The 219-bed skilled nursing facility was built in 1967.

The new owner is Beachside Propco LLC of Fort Lauderdale.

3. Daytona Beach condos sell for $22.1 million

The 240-unit Artisan Luxury Apartments at 310 S. Nova Road in Daytona Beach sold for $22.1 million on September 4. The resort, previously known as The Park At Via Corso, was built in 1975.

The new owner is an entity doing business as “DAY PVC LLC” whose address is listed as being in Merion Station, Pennsylvania, just outside of Philadelphia.

4. Port Orange plant costs $17.35 million

The 116,648-square-foot factory of virtual reality training simulator maker ByLight (formerly Raydon Corp.) sold May 15 for $17.35 million. The building was completed in 2010 and sits on a 15.07-acre property that includes a large grass lot fronting Williamson Boulevard.

The new owners are entities doing business as “Hockney ME LLC” of North Miami Beach and “1420 Hockney LP” of Columbus, Ohio.

5. Investors shell out $15.3 million for Daytona hotel

The 94-suite Homewood Suites extended-stay hotel at 165 Bill France Blvd. in Daytona Beach sold on February 27 for $15.3 million.

The hotel which opened in 2006 is located just west of the Volusia Mall.

The new owner is an entity doing business as “Daytona Hotel Four LLC.” Its address in Hollywood, Florida, is the same as that of the Prime Group, the company that also owns the Daytona Marriott Autograph Hotel and the Fairfield Inn & Suites in the One Daytona entertainment/retail complex on the other side from the street, to the west.

6. Port Orange ALF sells for $13.1 million

The 80-bed Addison Port Orange assisted living facility, located at 812 Airport Road in Port Orange, sold Sept. 20 for $13.1 million.

The assisted living facility was originally known as Benton House Senior Living and Memory Care and sits on 4.88 acres across from Creekside Middle School. It was built in 2018.

The new owner is an entity doing business as “Sonida Port Orange LLC”, based in Dallas, Texas. Sonida Senior Living’s website describes itself as “one of the nation’s largest senior living providers.”

The Addison in Port Orange is the company’s first location in Volusia County.

7. Former inn changes hands for $11.75 million

The former La Playa Inn, located at 2500 N. Atlantic Ave. in Daytona Beach, was sold Aug. 13 for $11.75 million to Ormond Beach-based Premier Resorts & Management, doing business as “Bellair Hotels LLC.”

This 10-story, 239-room former oceanfront hotel, built in 1975, is across the street from the oceanfront Bellair Plaza shopping center.

It has been closed since October 2016, when it suffered significant damage during Hurricane Matthew.

The sale to Premier has raised hopes locally that the hotel will eventually either be repaired and renovated so it can reopen, or demolished so a new hotel can be built in its place.

8. Deltona Mall commands $10.6 million

The Publix-anchored Deltona Landings neighborhood shopping center at 915 Doyle Road in Deltona sold April 3 for $10.6 million.

The two-building shopping center was constructed in 1999. It includes a 38,319 square foot Publix supermarket and an 11,720 square foot multi-tenant retail building.

The new owner is an entity doing business as “TCB-Deltona LLC”, whose address is listed as being in Chicago, Illinois. It’s the headquarters of a company called Newport Capital Partners, an “employee-owned real estate investment management company” specializing in neighborhood commercial properties.

9. DeLand warehouse sells for $10.32 million

This small warehouse/office building at 207 Old Daytona Road in DeLand sold Aug. 30 for $10.32 million.

The building, constructed in 1965, includes a 3,901-square-foot warehouse and 1,650-square-foot office on 0.77 acres of land. It’s located just north of the Publix-anchored Northgate Mall, off Woodland Blvd.

It is currently the home of a motorcycle/off-road vehicle repair shop called Kitts Kustoms.

The new property owner is an entity doing business as “DIC Holdings LLC” based in Orlando. The address listed for the new owner is also the address of a company called “Stingr Solutions LLC.”

10. $10 million for the village of Burgoyne in the city center

Brown & Brown paid $10 million on Oct. 24 for seven contiguous commercial properties in downtown Daytona Beach, known collectively as “Burgoyne Village.” The properties occupy most of the block bordered by North Beach Street to the east, Bay Street to the north and Palmetto Avenue to the west.

The insurance brokerage, whose 11-story headquarters is three blocks down the street at 300 N. Beach St., said its original goal for Burgoyne Village was to serve as a “gatekeeper.” existing buildings, which house more than a dozen stores and restaurants, most of which are independently owned and operated.

His long-term goal is to sell the properties to a developer who could redevelop them on higher ground and include retail and restaurants at street level, as well as luxury apartments and possibly a hotel on the upper floors. superiors.