20 Halifax AveDaytona Beach, FL 32118

Property Details for 20 Halifax Ave

Year built

1925

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

2,232 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5305-08-09-0042

APU

530508090042

Description

This exceptional Daytona Beach property presents a unique investment opportunity. The 2,232 square foot building, constructed in 1925 and renovated in 1979, sits on a 0.43-acre lot and is zoned RP (Residential/Professional). Currently configured as a professional office space with a six-bedroom, one-and-a-half-bathroom residence, it offers versatile usage. The main building is a two-story structure, ideal for a business owner seeking convenient living quarters. The property's location at 20 N Halifax Ave, Daytona Beach, FL 32118, in Volusia County, provides excellent visibility and accessibility. A significant advantage is the inclusion of an adjacent buildable lot, offering substantial potential for expansion, additional parking, or future development. The asking price is $699,000. The property's APN numbers are 05153308090042 and 05153308090031. This is a rare chance to acquire a mixed-use property in a thriving Florida coastal city, combining immediate income potential with significant long-term growth prospects. The property's blend of commercial and residential space makes it an attractive option for a variety of uses. Don't miss this chance to secure a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $581,072

  6.5%

  $536,374

  7%

  $498,062

• Comparable approach

  Method

  Valuation

  Relative Method

  $510,513

  Geo Method

  $386,195

• Alternative Use

  Use

  Valuation

  Residential

  $536,374

  Hospitality

  $491,316

  Educational

  $408,769

  Medical

  $422,827

  Retail

  $635,863

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2255

Longitude

-81.0137

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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