26 Beach StOrmond Beach, FL 32174

Property Details for 26 Beach St

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.09 AC

Property size (Sq ft)

3,995 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

4215-24-00-0010

APU

421524000010

Description

This exceptional single-tenant office building, located at 26 N Beach Street in Ormond Beach, Florida, presents a unique opportunity. The 4,000 square foot space boasts breathtaking Intracoastal Waterway views, creating a prestigious and productive work environment. Built in 1985 and renovated in 2000, the one-story building sits on a one-acre lot and is zoned for office use (APN: 421524000030, Volusia County). The property features ten private offices, a large conference room ideal for meetings and presentations, a spacious reception and waiting area, a convenient kitchenette, and three ground-level restrooms. This well-appointed space offers a blend of comfort and functionality, perfect for businesses seeking a high-quality, professional setting. A modified gross lease is available with flexible terms, making it an attractive option for businesses of all sizes. The property's address is 26 N Beach Street, Ormond Beach, FL 32174, conveniently located near New Britan. This is a single-suite building with no elevators. The property offers an unparalleled opportunity to establish a thriving business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $680,031

  6.5%

  $627,721

  7%

  $582,884

• Comparable approach

  Method

  Valuation

  Relative Method

  $445,962

  Geo Method

  $445,962

• Alternative Use

  Use

  Valuation

  Residential

  $778,374

  Hospitality

  $712,987

  Educational

  $593,197

  Medical

  $613,598

  Retail

  $922,750

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.2863

Longitude

-81.0565

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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