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Daytona Beach Mixed-Use Building

116 CENTER STREET Daytona Beach, FL 32117

116 CENTER STREET, Daytona Beach, FL, 32117
$420,000
For Sale
$420,000

Mixed Use - DAYTONA BEACH, FL

Property Size2,014 SF
Lot Size0.32 Acres
Price / SF$208.54
Days on Market92

Property Features for 116 CENTER STREET

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Zoning
02RP
Standard status
Active
APN
4244-01-33-0016
Size
2,014 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2352

Utilities

Cooling system
Central Air

Building Details

Year built
1964
Building materials
Block
Architectural style
Other
Listing Agency ADAMS, CAMERON & CO., REALTORS
422 S Woodland, Daytona Beach, FL
Listed by Daniel Lyonnais · License #3196672
Added: Apr 16 Checked: Jul 16 at 7:06 pm
MLS# V4948556 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use commercial building in Daytona Beach, Florida, presents a versatile opportunity. Formerly a post office, the property includes yard space and backs up to a parallel street. The building features multiple offices along with open floor space, accommodating various potential uses. The property size is 2014 square feet, situated on a 0.32-acre lot. The zoning is 02RP. It is located in Daytona Beach, Volusia County, Florida.

Key Highlights

  • Commercial building with multiple offices and open floor space suitable for various uses.
  • Includes yard space and backs up to a parallel street.
  • Originally the old Post Office.

Local Financial Insights For Mixed Use

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 $43.5k $21.60
− Vacancy −$3.7k −$1.84
EGI $39.8k $19.76
− OpEx −$14.9k −$7.41
NOI $24.9k $12.35
2,014 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$355.4K
$311.0K – $414.6K (±1% cap)
NOI $24,878 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$593.8K
$519.6K – $692.8K (±1% cap)
NOI $41,569 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

National Metering Services, ... Department Store

Suggested Use

Real Estate Agency Dental Office Law Firm Pharmacy Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Garden Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with yard space and multiple offices.
Where is this mixed-use property located?
The property is located at 116 CENTER STREET Daytona Beach, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Commercial building with multiple offices and open floor space suitable for various uses.; Includes yard space and backs up to a parallel street.; Originally the old Post Office.
Contact an agent
More about this property
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