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    241 S Franklin St Daytona Beach, FL 32114

    For Sale
    $249,900

    COMMERCIAL - Daytona Beach, FL

    Property size:
    1,310 SF
    Lot size:
    0.37 Acres
    Days on Market:
    141
    Last Refresh:
    Dec 12 at 7:06 am

    Property Features for 241 S Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    5239-02-02-0200
    Parking features
    Off Street
    Fencing
    Fenced, Chain Link
    Size
    1,310 SF
    Lot size
    0.37 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1939
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood, Concrete
    Building materials
    Block, Frame
    Roof type
    Shingle

    Home Wise Realty Group Inc (407) 712-2000

    Listing agent Janet Stewart (407) 712-2000

    Listing date Jul 25, 2025

    Copyright © 2025 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.

    Overview

    Daytona Beach Commercial Redevelopment Opportunity

    This 0.37-acre commercial land is located in Daytona Beach, Florida. The property, zoned RDM 5, presents a redevelopment opportunity and is situated near the Miller building to the south. The City of Daytona Beach may offer grants for various projects on this property. According to the city, the property can be used for residential, multi-family, or various business types. The existing structure of 1310 square feet can be either renovated or demolished. The seller is motivated and able to close quickly, selling the property in 'As Is' condition. Buyers are responsible for conducting their due diligence and independently verifying all measurements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.031891
    Latitude
    29.203059

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    FAQs

    What type of property is this?
    Commercial land - Commercial land in Daytona Beach, suitable for redevelopment projects.
    Where is this commercial land located?
    The property is located at 241 S Franklin St Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - RDM 5 zoning allows for residential, multi-family, or various business uses.; - Re-development area with potential grant opportunities (verify with city).; - Seller is motivated and willing to consider all reasonable offers.
    (407) 712-2000
    Request Owner's contact information
    241 S Franklin St Daytona Beach, FL 32114
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    Daytona Beach, FL 32114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    241 S Franklin St Daytona Beach, FL 32114
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