220 Beach StDaytona Beach, FL 32114

Property Details for 220 Beach St

Year built

1933

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.00 AC

Property size (Sq ft)

21,052 SF

Zone code

BR1

Property type

Investment properties

Property subtype

Retail residential properties

APN

5339-02-48-0030

APU

533902480030

Description

This exceptional commercial property, located at 220 S Beach St, Daytona Beach, FL 32114, presents a fantastic leasing opportunity. Situated on a 0.17-acre lot at the intersection of South Beach Street and Orange Avenue, this two-story building offers a blend of retail and office space. The building, classified as Class B, boasts a total of 12,000 square feet, with 3,300 square feet currently available for lease. The property is zoned RDD-1 and features a single building with multiple tenancies. The address is easily accessible and benefits from high visibility due to its prime location. Ideal for businesses seeking a prominent presence in Daytona Beach, this property offers a versatile space adaptable to various commercial uses. The property's APN is 5339-01-05-0041 in Volusia County. This is a rare opportunity to secure a well-located, established space in a thriving area. The available 3,300 square feet provides ample room for expansion or to accommodate a growing business. Don't miss this chance to establish your business in this vibrant Daytona Beach location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,480,187

  6.5%

  $5,058,634

  7%

  $4,697,304

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,814,634

  Geo Method

  $3,642,554

• Alternative Use

  Use

  Valuation

  Residential

  $5,058,634

  Hospitality

  $4,633,682

  Educational

  $3,855,169

  Medical

  $3,987,754

  Retail

  $5,996,930

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2145

Longitude

-81.0211

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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