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Historic Brick Office Building

200 Magnolia Avenue Daytona Beach, FL 32114

Claim this Listing
For Sale
Under Contract
$1,600,000

COMMERCIAL - Daytona Beach, FL

Type:Office
Property size:
9,444 SF
Lot size:
0.57 Acres
Price / SF:
$169/SF
Added:
Aug 27, 2025
Days on Market:
319
Last Refresh:
Jul 11 at 6:06 am

Property Features for 200 Magnolia Avenue

General Information

Property type
Commercial Sale
Property subtype
Office
Parking features
Guest, On Street, Parking Lot, Off Street, Assigned
Standard status
Active Under Contract
APN
5339-01-09-0014
Size
9,444 SF
Lot size
0.57 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
E 100 FT OF LOT 1 & E 155 FT OF S 1/2 OF LOT 2 BLK 9 DAYTONA MB 2 PG 82 PER OR 3361 PG 1038 PER OR 5908 PG 3976
Tax Annual Amount
17365

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1935
Flooring type
Tile, Carpet
Building materials
Block, Brick, Stucco
Roof type
Shingle

Listing agent Beau Warren License #SL3207370

Listing office Realty Pros Assured 900 W Granada Blvd Ste 3, Ormond Beach, FL

Listing date Aug 27, 2025

MLS# 1217227

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 historic brick office building features multiple lobbies, several break rooms, private offices, and conference rooms, supported by an interior layout suited to multi-tenant or shared professional use. Built with original craftsmanship, it includes solid wood casings, vintage doors, and crown molding, complemented by recent capital improvements. Those updates include a newer roof, newer HVAC, extensive waterproofing, a sump pump system, and a generator hookup for operational resilience.

The property sits on a prominent corner lot in historic Daytona Beach, shaded by mature oaks. A courtyard retreat with a paver patio and lush landscaping provides an outdoor space for employees and guests.

For ownership or long-term occupancy, the building’s character and configuration are well matched to professional firms and agencies, as well as medical or legal office users seeking a distinctive headquarters environment. The combination of functional work space and durable building systems can support day-to-day operations for an established practice, a growing team, or multiple related offices under one roof.

Key Highlights

  • 1935 brick office building with nearly 10,000 SF of professional office space on over half an acre
  • Central heating and central air, with shingle roof; public water and public sewer
  • Recent capital improvements include a newer roof, newer HVAC, extensive waterproofing, sump pump system, and generator hookup

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 $204.0k $21.60
− Vacancy −$15.3k −$1.62
EGI $188.7k $19.98
− OpEx −$47.2k −$5.00
NOI $141.5k $14.99
9,444 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,518 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M (±1% cap)
NOI $194,924 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Michael S. Slick, ... Law Firm Buckmaster & Ellzey Law Firm David Damore Law Law Firm

Suggested Use

Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Garden Center Plumbing Service Bakery Daycare Center Acupuncture

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

FAQs

What type of property is this?
Office building - Timeless brick office building with private offices, conference rooms, and a courtyard for clients and employees.
Where is this office building located?
The property is located at 200 Magnolia Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1935 brick office building with nearly 10,000 SF of professional office space on over half an acre; Central heating and central air, with shingle roof; public water and public sewer; Recent capital improvements include a newer roof, newer HVAC, extensive waterproofing, sump pump system, and generator hookup
Contact an agent
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