Projects
Hyde Park Storage Suites
Project facts
- Status
- Completed
- Address
- 3088 W International Speedway Blvd
- City
- Daytona Beach, Florida
- Region
- Central-East Florida
- Submarket
- Daytona; New Smyrna Beach
- Units
- 60
- Amenity tier
- Premium
- Key amenities
- Climate Control, Mezzanine Capabilities, Gated Access & Security, 14'+ Clear Heights, Owners' Clubhouse/Lounge
- Construction
- Block
- Finish level
- High-Quality
- Year built
- 2011
- Flood zone
- AE
Market value summary
- # of Sales (T-36)
- 1
- Avg Sale Price (T-36)
- Under 3 sales
- Avg Sale Price (T-36)
- Under 3 sales
- Avg Market Value
- $369 / SF
- Avg Market Value
- $510,000
Location Summary
Daytona Beach / Daytona; New Smyrna Beach Overview
Hyde Park Storage Suites is an operating community on West International Speedway Boulevard (US 92) on the west side of Daytona Beach, near the Interstate 95 interchange and the Tomoka Farms Road corridor. The address is the western gateway to the city: the motorsports and aviation district around the Speedway, the airport, and Embry-Riddle sits roughly 3 miles east, while the land west of the interstate is now the city's primary residential and commercial growth front.
The inherited market context frames the demand. The Deltona to Daytona Beach to Ormond Beach metro reached 745,247 residents as of April 2025, up from 668,921 in 2020, fed by the same no-income-tax migration that brought Florida a net $20.6 billion in adjusted gross income in the latest IRS filing year. At the corridor level, SCK characterizes Daytona and New Smyrna Beach as a value-oriented coverage market anchored by the Interstate 95 and Interstate 4 crossroads and by corporate wealth such as Brown & Brown, with a trade-area wealth percentile of 26.1 and demand led by regional business owners, motorsports enthusiasts, and coastal second-home owners.
Access is the site's strongest attribute. Interstate 95 is minutes away at the International Speedway Boulevard interchange, Interstate 4 toward Orlando begins just to the southwest, and Daytona Beach International Airport is roughly a 10 minute drive east along the same boulevard.
Current Events & Infrastructure
- Tomoka Farms Road apartments: On May 21, 2025 the Daytona Beach City Commission annexed about 20.2 acres at 1484 Tomoka Farms Road and 3039 West International Speedway Boulevard, essentially next door to the site, and approved a 344-unit apartment plan by the Green Organization with roughly 20 percent workforce units. The project still requires engineering, water management, and concurrency approvals before permits, and the commission asked for a broader corridor infrastructure report on road and utility improvements. For this site, it means several hundred new households arriving next door.
- Northshore of Daytona Beach: In March 2026 the commission unanimously approved, on first vote, comprehensive plan and rezoning amendments for a 175.6-acre mixed-use site between West International Speedway Boulevard and Interstate 4, a short drive west, allowing up to 773 homes, 826,000 square feet of commercial space, and 800,000 square feet of industrial space, with about 40 percent preserved as wetlands and natural area; a final vote was scheduled for May 20 following state review. The plan would add a new employment and retail node on the site's own corridor.
Key Demand Drivers
Demand here comes from households whose vehicles, boats, and project cars outgrow a two-car garage or an apartment parking space. The new rental and mixed-use pipeline west of Interstate 95 adds more than a thousand entitled residences near the site, and gated, climate-controlled garage suites with mezzanine capacity, 14-foot-plus clear heights, and an owners' clubhouse fill that gap for enthusiasts in a city defined by motorsports.
- Tomoka Farms Road apartments: 344 approved units on about 20.2 acres adjacent to the site, a direct new household base within walking distance.
- Northshore of Daytona Beach: Up to 773 homes plus 1.6 million square feet of combined commercial and industrial space entitled on first vote along West International Speedway Boulevard, a short drive west.
- Embry-Riddle Research Park and Boeing: About 3 miles east, Boeing opened a 65,000 square foot engineering center in September 2025 expected to support about 400 high-paying jobs, in a research park that has generated nearly 2,000 jobs and more than $372 million in economic impact. The park also houses a $10 million wind tunnel and an aviation research hangar with direct taxiway access.
- Tanger Outlets Daytona: A 352,000 square foot outlet center at 1100 Cornerstone Boulevard, about 4 miles north near the LPGA Boulevard interchange, drawing from a destination that attracts more than 4.5 million visitors a year.
Location Highlights
- MSA Position: A 745,247 resident metro that grew by more than 76,000 people from 2020 to 2025.
- Enthusiast / Collector Culture: The Speedway's year-round events calendar, including the Rolex 24 and the sold-out Daytona 500, sits roughly 3 miles east, keeping automotive culture visible at corridor scale.
- Infrastructure & Recreation: Minutes to Interstate 95 and Interstate 4, about 10 minutes to the airport, and a short drive to the Atlantic beaches and the Halifax River.
- Market-Specific Factor: The platform records the site in FEMA Flood Zone AE near the Tomoka River basin, which makes the building's block construction a relevant point for owners of weather-sensitive vehicles and boats.
- Tax & Quality of Life: No state income tax on wages, retirement income, or capital gains, the core driver of the region's in-migration.
- High Net Worth Concentration: 446 households earn $200,000 or more within three miles, 2,187 within five miles, and 4,526 within seven miles, a Wealth Index of 2.2 against a Central-East Florida average of 2.8, consistent with the corridor's value-oriented profile.
Area Demographics (ACS 2024)
5-Mile Profile: Population 107,491 | Median HH Income $59,817 | HH Earning $150K+ 9.6% | Median Age 41.2 | Age 55+ 35.8% | Seasonal Units 5.4% | Households with 3+ Vehicles 12.5% | YoY Population Growth Not available
Wealth Index: 2.2 / 10 (SCK portfolio-relative)
Unit values
| Unit | Size | Market value | $ / SF |
|---|---|---|---|
| Unit 100 | 1,307 SF | $474,000 | $363 / SF |
| Unit 105 | 1,168 SF | $441,000 | $377 / SF |
| Unit 110 | 880 SF | $336,000 | $382 / SF |
| Unit 115 | 1,100 SF | $420,000 | $382 / SF |
| Unit 120 | 880 SF | $336,000 | $382 / SF |
| Unit 125 | 1,100 SF | $420,000 | $382 / SF |
| Unit 130 | 880 SF | $336,000 | $382 / SF |
| Unit 135 | 1,100 SF | $420,000 | $382 / SF |
| Unit 140 | 880 SF | $336,000 | $382 / SF |
| Unit 145 | 1,100 SF | $420,000 | $382 / SF |
| Unit 150 | 880 SF | $336,000 | $382 / SF |
| Unit 155 | 1,925 SF | $716,000 | $372 / SF |
| Unit 160 | 3,003 SF | $933,000 | $311 / SF |
| Unit 165 | 3,003 SF | $933,000 | $311 / SF |
| Unit 170 | 1,100 SF | $420,000 | $382 / SF |
| Unit 175 | 1,100 SF | $420,000 | $382 / SF |
| Unit 180 | 1,100 SF | $420,000 | $382 / SF |
| Unit 185 | 880 SF | $336,000 | $382 / SF |
| Unit 190 | 1,320 SF | $478,000 | $362 / SF |
| Unit 195 | 1,100 SF | $420,000 | $382 / SF |
| Unit 200 | 880 SF | $336,000 | $382 / SF |
| Unit 205 | 3,003 SF | $933,000 | $311 / SF |
| Unit 210 | 3,003 SF | $933,000 | $311 / SF |
| Unit 215 | 1,925 SF | $716,000 | $372 / SF |
| Unit 220 | 1,100 SF | $420,000 | $382 / SF |
| Unit 225 | 880 SF | $336,000 | $382 / SF |
| Unit 230 | 1,100 SF | $420,000 | $382 / SF |
| Unit 235 | 880 SF | $336,000 | $382 / SF |
| Unit 240 | 1,100 SF | $420,000 | $382 / SF |
| Unit 245 | 1,925 SF | $716,000 | $372 / SF |
| Unit 250 | 1,100 SF | $420,000 | $382 / SF |
| Unit 255 | 880 SF | $336,000 | $382 / SF |
| Unit 260 | 1,100 SF | $420,000 | $382 / SF |
| Unit 265 | 880 SF | $336,000 | $382 / SF |
| Unit 270 | 1,100 SF | $420,000 | $382 / SF |
| Unit 275 | 1,925 SF | $716,000 | $372 / SF |
| Unit 280 | 3,003 SF | $933,000 | $311 / SF |
| Unit 285 | 3,003 SF | $933,000 | $311 / SF |
| Unit 290 | 1,100 SF | $420,000 | $382 / SF |
| Unit 295 | 880 SF | $336,000 | $382 / SF |
| Unit 300 | 1,100 SF | $420,000 | $382 / SF |
| Unit 305 | 1,100 SF | $420,000 | $382 / SF |
| Unit 310 | 4,869 SF | $1,474,000 | $303 / SF |
| Unit 400 | 800 SF | $309,000 | $386 / SF |
| Unit 405 | 1,000 SF | $389,000 | $389 / SF |
| Unit 410 | 800 SF | $309,000 | $386 / SF |
| Unit 415 | 1,300 SF | $472,000 | $363 / SF |
| Unit 420 | 2,275 SF | $788,000 | $346 / SF |
| Unit 425 | 1,300 SF | $472,000 | $363 / SF |
| Unit 430 | 2,275 SF | $788,000 | $346 / SF |
| Unit 435 | 1,300 SF | $472,000 | $363 / SF |
| Unit 440 | 800 SF | $309,000 | $386 / SF |
| Unit 445 | 1,000 SF | $389,000 | $389 / SF |
| Unit 450 | 800 SF | $309,000 | $386 / SF |