Daytona Beach Mixed-Use
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
(386) 738-1920
422 S Woodland, Daytona Beach, FL
Listed by
Daniel Lyonnais · License #3196672
(386) 852-7932
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
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
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
Similar For Sale Nearby
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.