DAYTONA BEACH — The dark pink Beach Street Courtyard mixed residential and commercial condominium building here is for sale.
Bank Midwest foreclosed on the property at 128 S. Beach St. last year. Its listed sale price is $3 million. The bank loan was $7.5 million.
Exit Realty of Daytona is brokering the sale as well as the property management and leasing.
The building was built in 2008 by Chadwick Real Estate Group of Steamboat Springs, Colo., which demolished an old McCrory’s. It has 12 residential units on the second and third floors which are all leased. The 23,000 square foot ground floor commercial space is designed for seven units, but still needs to be built out by an owner or tenant.
The property is being marketed as a three to five year investment.