599 Beville RdSouth Daytona, FL 32119

Property Details for 599 Beville Rd

Year built

1972

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.56 AC

Property size (Sq ft)

2,400 SF

Zone code

BA

Property type

Retail space

APN

5320-00-00-0010

APU

532000000010

Description

This exceptional 2,400-square-foot retail property, located at 599 Beville Road in South Daytona, Florida (zip code 32119), presents a unique investment opportunity. The building, constructed in 1983 and extensively renovated in 2024, boasts a completely new roof, HVAC system, and electrical work. The interior has also undergone a complete renovation, leaving it in a "vanilla shell" condition, ready for immediate occupancy and customization to suit a new tenant or owner-user's specific needs. The property sits on over half an acre and includes ten on-site parking spaces, with multiple access points from Beville Road and Golfview Boulevard. The property is zoned BGC, with a CRA overlay permitting a wide range of retail uses. This single-story building comprises one unit, offering 2,400 square feet of net rentable space. The asking price is $595,000, translating to $247.92 per square foot. The property is currently vacant and offered as a fee-simple ownership. Note: The property is currently enrolled in Florida's Petroleum Restoration Program (PRP)

• CAP approach

  CAP return

  Valuation

  6%

  $741,133

  6.5%

  $684,123

  7%

  $635,257

• Comparable approach

  Method

  Valuation

  Relative Method

  $893,125

  Geo Method

  $675,138

• Alternative Use

  Use

  Valuation

  Residential

  $577,083

  Hospitality

  $528,605

  Educational

  $439,793

  Medical

  $454,918

  Retail

  $684,123

Location Insight

City

South Daytona

County

Volusia

State

Florida

Latitude

29.1811

Longitude

-81.0132

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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