NAI Realvest negotiates $3.15 Million Purchase of Daytona Beach Oceanfront Parcel

MAITLAND, FL - NAI Realvest recently negotiated the acquisition of a 3.94 acre vacant oceanfront parcel at

1110 N. Atlantic Ave.

in Daytona Beach for $3,150,000.

Chris Butera (top right photo), associate at NAI Realvest, negotiated the transaction representing the buyer, Bayshore Capital of Ontario, Canada.

“This transaction along with Bayshore Capital’s purchase of

1751 S. Atlantic Ave.

three weeks prior, represent the first significant sales of vacant oceanfront property in the Daytona Beach area since 2007,” said Butera.

The seller, Cincinnati-based Fifth Third Bank was represented by Paul Hoffman and Bob Rand of Coldwell Banker NRT in Maitland and Coldwell Banker Benchmark in Ormond Beach, respectively.

For more information, contact:  

Chris Butera, Associate NAI Realvest 386-453-4789 cbutera@realvest.com;

Patrick Mahoney, Principal/Chief Operating Officer, 407-875-9989;  

Beth Payan or Larry Vershel, Larry Vershel Communications 407-644-4142