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DAYTON BEACH, FLA. — Toronto-based Bayshore Capital has purchased a 5.44-acre beachfront development site, located at 801-905 South Atlantic Ave. in Dayton Beach, for $6 million from Birmingham, Ala.-based Regions Bank. The site is comprised of four separate lots and three former beachfront motels that AJ Daytona Developers combined into a single parcel for development of a luxury hotel before Regions foreclosed in 2009. Chris Butera of NAI Realvest's Maitland, Fla., office represented the buyer and Coldwell Banker Commercial Benchmark represented the seller in the transaction.