For Sale
$1,495,000

702 Beville RdDaytona Beach, FL 32114

8,300 SF Medical Office - Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
115
This 8,300 square foot, single-story medical office building in Daytona Beach, Florida presents a compelling value-add opportunity. Located at 702 Beville Rd, 32114, this 1977-built property is currently vacant and offers significant potential for redevelopment or renovation. Previously operating as a fully built-out assisted living facility with 14 rooms and a licensed capacity of 28 beds, the building boasts numerous features including multiple living areas, a fully equipped kitchen with appliances, laundry facilities, and a cafeteria. Some rooms feature private bathrooms, while others share. The property's versatile layout allows for a return to its previous use as an assisted living facility or conversion into a multi-family development. Interested parties should independently verify allowable uses with the City of Daytona Beach. The asking price is $1,495,000, translating to $180.12 per square foot. This property is available for sale or lease. The property is situated in Volusia County and offers a unique chance to capitalize on the growing healthcare market in the Daytona Beach area. The building's existing infrastructure provides a solid foundation for a variety of potential uses, making it an attractive investment for both experienced and emerging developers. This is a rare opportunity to acquire a substantial property in a desirable location at an attractive price point.

Highlights

  • $1,495,000 asking price for this 8,300 square foot medical office building in Daytona Beach, FL.
  • The property is a vacant, single-story building, previously used as an assisted living facility.
  • The building features 14 rooms, previously licensed for 28 beds, requiring renovation or redevelopment.
  • The property offers a value-add investment opportunity with immediate occupancy.

Property Details for 702 Beville Rd

Property type
Office properties, Medical offices
Square Feet
8,300 SF
Year Built
1977
Stories
1
Units
1

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.1797795
Longitude
-81.0184435
702 Beville Rd, Daytona Beach, Florida

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702 Beville Rd
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