128 Orange AveDaytona Beach, FL 32114

Property Details for 128 Orange Ave

Year built

1942

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.55 AC

Property size (Sq ft)

26,089 SF

Zone code

BR1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5339-07-02-0040

APU

533907020040

Description

This newly renovated, historic building in Downtown Daytona Beach offers a vibrant collaborative coworking environment. Located on Orange Avenue, this prime 0.55-acre property (APN 5339-07-02-0040) is steps from the Riverfront Shops and numerous restaurants. The property features a single building with multiple suites available, providing flexible office space options ranging from 64 square feet and up. Each office is fully furnished and includes access to reception services, conference rooms, high-speed internet, and printing capabilities. The space caters to various needs, offering individual and shared workspaces, perfect for entrepreneurs, freelancers, and small businesses. Additional services such as virtual offices, self-storage, and mail facilities are also available. This location is ideal for both local professionals and transient boaters, situated conveniently near Halifax Harbor Marina. Leasing options include daily, weekly, monthly, and annual terms. The property is classified as Retail, Land, and Office, with a Commercial and Executive Office subtype.

• CAP approach

  CAP return

  Valuation

  6%

  $6,792,366

  6.5%

  $6,269,876

  7%

  $5,822,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,967,674

  Geo Method

  $4,514,088

• Alternative Use

  Use

  Valuation

  Residential

  $6,269,876

  Hospitality

  $5,743,173

  Educational

  $4,778,252

  Medical

  $4,942,584

  Retail

  $7,432,837

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2082

Longitude

-81.0187

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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