2016 S Atlantic AVE, Daytona Beach Shores, FL 32118
2016 S Atlantic AVE, Daytona Beach Shores, FL 32118
2016 S Atlantic AVE, Daytona Beach Shores, FL 32118
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$1,000,000
Est. payment /mo
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2 Baths
3,066 SqFt
Active

2016 S Atlantic AVE Daytona Beach Shores, FL 32118

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,066 sqft

Price per Sqft $326

MLS Listing ID 1226079

Year Built 1952

Acres 0.09

Property Sub-Type Mixed Use

Source Daytona Beach Area Association of REALTORS®

Property Description

Prime mixed-use opportunity offering immediate income and long-term upside. The ground floor features a 1,866 SF retail space currently leased at $2,500/month, providing stable cash flow. Upstairs, a 1,200 SF residential unit is operating as a high-performing Airbnb, averaging $4,000/month in income.
This asset produces an estimated NOI of $78,000 annually with a 7.6% cap rate, making it an attractive option for investors seeking versatility. Multiple parcels may be included adding an addition 2 retail storefront spaces with turnkey flexability.

Location

State FL

County Volusia

Area 13 - Beachside, N Of Dunlawton & S Silver

Direction Exit I-95: Take Exit 260A for US-92 E/W International Speedway Blvd toward Daytona Beach/Airport. Continue East: Follow W International Speedway Blvd east for 5-6 miles, crossing the Halifax River (Main Street Bridge/Broadway Bridge).Turn South: After crossing the bridge and arriving at the oceanfront, turn south onto S Atlantic Ave (SR-A1A S). Arrive: Continue south on S Atlantic Ave to 2016.

Region Daytona Beach Shores

City Region Daytona Beach Shores

Interior

Heating Central

Cooling Central Air

Heat Source Central

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Road Frontage State Road

Building

Lot Description Other

Water Public

Level or Stories 2

Structure Type Concrete,Stucco

Others

Tax ID 5316-21-00-0071

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by Raquel Sotolongo • Roy & Company

NEARBY SCHOOL & BUSINESS

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Tiffany L. Arthur

Tiffany L. Arthur

Agent | License ID: 3087333

+1(954) 993-5591

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2016 S Atlantic AVE