Free-Standing Office Building with
1621 Espanola Avenue Holly Hill, FL 32117
1621 Espanola Avenue, Holly Hill, FL, 32117
$324,900
For Sale
$324,900
COMMERCIAL - Holly Hill, FL
Property Size1,735 SF
Lot Size0.34 Acres
Price / SF$187.26
Days on Market96
Property Features for 1621 Espanola Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Parking Lot, Guest
- Standard status
- Active
- APN
- 4242-20-10-0110
- Size
- 1,735 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 11 & 12 BLK 10 RIO VISTA SEC B MB 6 PG 150 MB 22 PG 161 PER OR 4845 PG 3795 PER OR 5936 PGS 3362-3363 PER OR 6049 PG 2431 PER OR 6303 PG 0694 PER OR 6566 PG 0022 PER OR 6676 PG 0456 PER OR 7093 PG 1067 PER OR 7617 PG 2216 PER OR 7722 PG 2171 PER OR 7
- Tax Annual Amount
- 4363
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Carpet
- Building materials
- Block, Stucco
- Roof type
- Shingle
Listing Agency
EXP Realty LLC
(386) 547-8586
196 S Yonge ST, Jacksonville, FL
Listed by
Ian Anderson · License #3105624
(386) 214-5290
Added: Apr 13 Checked: Jul 17 at 8:06 am
MLS# 1225238
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.
Investment Insights
Based on property information with market context.
This free-standing 1,735-square-foot concrete block building was built in 1995 and fully rehabbed in 2019. The property includes a roof, flooring, paint, and fixtures updates completed as part of the rehabilitation. Interior layout consists of three large rooms, each measuring 20 x 17, along with an additional room, providing flexibility for office, service, or clinical uses.
Located in Holly Hill, the building sits on a lot over 1/3 acre and offers convenient access near Flomich and US 1. Parking is available for 10 vehicles, supporting straightforward arrival for staff, clients, and visitors.
The configuration and recent updates make this building well suited for a range of owner-occupant or multi-use scenarios, including professional offices/services, medical office use, or an adult/child day care center. With a compact room arrangement and ample parking on-site, it can work for businesses and services that need several defined spaces while maintaining a manageable footprint. The property’s free-standing nature also allows for straightforward operational control within the existing layout.
Located in Holly Hill, the building sits on a lot over 1/3 acre and offers convenient access near Flomich and US 1. Parking is available for 10 vehicles, supporting straightforward arrival for staff, clients, and visitors.
The configuration and recent updates make this building well suited for a range of owner-occupant or multi-use scenarios, including professional offices/services, medical office use, or an adult/child day care center. With a compact room arrangement and ample parking on-site, it can work for businesses and services that need several defined spaces while maintaining a manageable footprint. The property’s free-standing nature also allows for straightforward operational control within the existing layout.
Key Highlights
- Free‑standing 1,735 SF concrete block building built in 1995
- Totally rehabbed in 2019 with new roof, flooring, paint, and fixtures
- Flexible layout for professional services, adult/child day care, or medical offices
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 | $37.5k | $21.60 |
| − Vacancy | −$2.8k | −$1.62 |
| EGI | $34.7k | $19.98 |
| − OpEx | −$8.7k | −$5.00 |
| NOI | $26.0k | $14.99 |
1,735 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$371.4K
$325.0K – $433.3K
NOI $25,999 @ 7.0% cap · market cap 8.00%
Second Best
Healthcare Medical
$360.6K
$315.5K – $420.7K
NOI $25,240 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$511.6K
$447.6K – $596.8K
NOI $35,810 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding concrete block building with rehabbed interiors and 10 parking spaces for professional or medical use.
Where is this office building located?
The property is located at 1621 Espanola Avenue Holly Hill, FL.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Free‑standing 1,735 SF concrete block building built in 1995; Totally rehabbed in 2019 with new roof, flooring, paint, and fixtures; Flexible layout for professional services, adult/child day care, or medical offices
