2016 S ATLANTIC AVE, DAYTONA BEACH, FL, 32118
$1,000,000
Commercial Sale
Living Area
3,066 Sqft
Lot Size
4,017 Sqft
One or more photo(s) has been virtually staged. 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. other Parcels may be included for an addition two retail storefronts with a total of 12,777 sqft. and turnkey flexability. Investment highlights Growing Redevelopment Corridor Located in an area experiencing ongoing investment, redevelopment, and increasing commercial demand. Immediate Cash Flow Income-producing asset featuring a leased 1,866 SF retail space at $2,500/month and an upstairs Airbnb unit averaging approximately $4,000/month. Strong Investor Returns Estimated NOI of approximately $78,000 annually with a 7.6 cap rate and long-term upside potential. Flexible Potential Permitted uses include retail, restaurants, medical offices, professional offices, entertainment venues, service establishments, banks, galleries, and recreational facilities.
Property Details
Property Features Property Features
MLS ID: MFRO6407889 Year Built: 1952
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer Construction Materials: Block, Concrete, Stucco
Cooling: Central Air Country: US
County Or Parish: Volusia Foundation Details: Slab
Heating: Central Income Includes: Rent Only
Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant
Property Condition: Completed Property Sub Type: Mixed Use
Property Type: Commercial Sale Road Frontage Type: State Road
Road Surface Type: Paved Showing Requirements: 24 Hour Notice, Appointment Only, Other, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Water Connected
Water Source: Public
We love to hear from you