111 Magnolia Avenue, Daytona Beach, FL 32114
COMMERCIAL - Daytona Beach, FL
- Added:
- Apr 9, 2026
- Days on Market:
- 75
- Last Refresh:
- Jun 22 at 6:06 am
Property Features for 111 Magnolia Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot, On Street
- Standard status
- Active
- APN
- 5339-A9-00-1110
- Size
- 1,388 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 39-15-33 UNIT 111 WALL STREET LOFTS CONDOMINIUM PER OR 5762 PG 0128 PER OR 5790 PG 1221 PER OR 5791 PGS 3678-3680 INC PER OR 6155 PGS 4503-4504
- Tax Annual Amount
- 4368
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 3
- Number of units
- 1
- Flooring type
- Carpet, Tile
- Building materials
- Concrete, Stucco
Listing agent Clara Spangler License #3137316 (386) 451-5313
Listing office Florida Global International Realty 111 Magnolia Ave, Daytona Beach, FL (386) 451-5313
Listing date Apr 9, 2026
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Commercial condo in the Wall Street Lofts building in downtown Daytona Beach, steps from Beach Street
- End unit with windows on both the front and side for additional natural light
- Interior includes a reception area, four small offices, a professional conference room, lounge area with kitchen, and two storage spaces
- Bathroom with shower; currently used as a real estate office and has operated for 14 years
- Built in 2006 with concrete and stucco construction; flooring includes carpet and tile
- Utilities: public water and public sewer; HVAC includes central heating and central air; parking includes parking lot and on‑street
Overview
Access is from Magnolia Avenue, and the property is described as being steps away from Beach Street. It is currently operated as a real estate office, with the business in place for the past 14 years. The seller notes that the space previously served as a doctor’s office and a diet clinic.
This configuration is well suited for established professional tenants seeking a client-facing suite with multiple private offices, a dedicated meeting space, and convenient storage. The current buildout supports both day-to-day operations and scheduled appointments, while the reception and lounge/kitchen area can help accommodate client workflows. Zoning and intended buyer use should be verified, as outlined in the listing remarks.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.0k | $21.60 |
| − Vacancy | −$2.2k | −$1.62 |
| EGI | $27.7k | $19.98 |
| − OpEx | −$6.9k | −$5.00 |
| NOI | $20.8k | $14.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.019077
- Latitude
- 29.209769
