599 Beville RdSouth Daytona, FL 32119

  • Retail properties
  • 2,400 SF
For Sale
$595,000 View listing

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 properties
Property subtype
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)

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
599 Beville Rd, South Daytona, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,494
$107,625
$116,246
$223,871
-
$107,625
$116,246
$223,871

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