This exceptional mixed-use property, located at 242 S Beach Street in Daytona Beach, Florida, presents a unique investment opportunity. Built in 1925, this 2,820 square foot building boasts a prime location directly across from Jackie Robinson Ballpark and the newly developed Riverfront Esplanade, a rapidly growing area of the city. The property's previous use as "Downtown Daytona Live" includes a fully equipped bar, readily available for a new owner to utilize or repurpose for another commercial venture. Currently, a portion of the building is occupied by "Rock of Daytona," utilizing three private offices. The building also features both private and shared bathroom facilities. A substantial storage room at the rear of the building offers significant versatility. The property benefits from excellent street frontage. The building is part of a condo association with a quarterly fee of $814.12. Exterior repairs are handled collaboratively among unit owners. A new roof was installed in 2024. The asking price for this historic Daytona Beach property is $499,999. The property is zoned for retail, special purpose, land, mixed use, and office uses. This presents a rare chance to acquire a versatile commercial space in a thriving downtown location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$1,199,450
Retail / Commercial
$618,998
Mixed-Use / Specialty
$619,886
Hospitality / Lodging
$458,818
Office
$619,426
Institutional / Educational
$645,537
Residential Income
$755,278
Multifamily
$888,687
Automotive / Energy
$553,317
Parking / Income-Based Land
$187,886
Restaurant / Food Service
$329,010
Healthcare / Senior Housing
$632,508
Location Insight
City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.2089
Longitude
-81.0182
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Beach St Daytona Beach, FL 32118
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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