Live-Work Mixed-Use
For Sale
Under Contract
$999,995
3110 S Atlantic Avenue, Daytona Beach Shores, FL 32118
Commercial Sale, Daytona Beach Shores, FL
Property Size3,360 SF
Lot Size0.11 Acres
Price / SF$297.62
Days on Market203
Property Features for 3110 S Atlantic Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential/Office
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot, Garage, Off Street
Accessibility
Accessible Approach with Ramp
Directions
Dunlawton ave east to A1A. Go North 2-3 miles. Shop is on the left.
Subdivision
13 - Beachside, N of Dunlawton & S Silver
Standard status
Active Under Contract
APN
5334-02-09-0060
Size
3,360 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 6 BLK 9 ROGERS NORTH ORITA MB 1 PG 115 PER OR 4350 PG 2505 PER OR 5776 PG 1778 PER OR 6093 PG 4083 PER OR 6692 PGS 4480-4481 PER OR 6725 PG 3804 PER OR 7095 PG 4225 PER OR 7107 PG 2554
Tax Annual Amount
7621
Legal Description
LOT 6 BLK 9 ROGERS NORTH ORITA MB 1 PG 115 PER OR 4350 PG 2505 PER OR 5776 PG 1778 PER OR 6093 PG 4083 PER OR 6692 PGS 4480-4481 PER OR 6725 PG 3804 PER OR 7095 PG 4225 PER OR 7107 PG 2554
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Amenities
outdoor shower
tankless water heater
balcony
Building Details
Year built
2023
Floors in Building
2
Number of units
2
Flooring type
Tile, Laminate, Concrete
Building materials
Block, Stucco
Listing Agency:
Oceans Luxury Realty Full Service LLC
(386) 236-3700
Listed By:
Carlos Ring · License #SL3201477
(386) 682-8800
Added: Feb 13
Changed: Aug 22
Last Checked: Sep 4 at 3:06PM
MLS# 1223028
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.
Built in 2023, this 3,360-square-foot mixed-use property pairs a ground-level commercial area with an upstairs residence. The business space includes a front desk, private office, restroom, storage, and a bike rental operation. Four two-car garages provide additional enclosed storage or functional support space. The residential level contains two bedrooms, one full bathroom, a living room, dining area, and a large balcony facing the ocean. Construction includes block and stucco, with concrete, tile, and laminate flooring, central air, and central heating.
The property sits along Florida State Road A1A in Daytona Beach Shores, across from the Atlantic Ocean and beach access. The location records 11,500 in Annual Average Daily Traffic and includes 5,000 square feet of frontage. River views are visible from the bedrooms. Public water and sewer serve the building, which has two electric meters, one water meter, an outdoor shower, and one tankless water heater.
The property sits along Florida State Road A1A in Daytona Beach Shores, across from the Atlantic Ocean and beach access. The location records 11,500 in Annual Average Daily Traffic and includes 5,000 square feet of frontage. River views are visible from the bedrooms. Public water and sewer serve the building, which has two electric meters, one water meter, an outdoor shower, and one tankless water heater.
Key Highlights
- 3,360‑square‑foot mixed‑use building constructed in 2023
- Ground‑level commercial area with front desk, office, restroom, storage, and bike rental operation
- Upstairs residence includes 2 bedrooms, 1 full bathroom, living and dining areas, and an ocean‑facing balcony
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,350
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,007,000
$1.0M
Cap Rate 7%
$719,286
$719.3K
Cap Rate 9%
$559,444
$559.4K
Market Conditions
NOI Build-Up for 3,360 SF
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.
Gross rent
$72.6K $21.60/SF
− Vacancy
−$5.4K −$1.62/SF
EGI
$67.1K $19.98/SF
− OpEx
−$16.8K −$5.00/SF
NOI
$50.3K $14.99/SF
Area
Volusia County, FL
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,007,000
Cap Rate 7%
$719,286
Cap Rate 9%
$559,444
Alternative Uses
Best Use
Office B
$719.3K
$629.4K – $839.2K
NOI $50,350 @ 7.0% cap · market cap 5.04%
Second Best
Mixed Use
$592.9K
$518.8K – $691.7K
NOI $41,504 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$990.7K
$866.9K – $1.16M
NOI $69,350 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
11,500 VPD
Traffic count
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property combines a ground-level commercial space with private residential quarters and ocean views.
Where is this mixed-use property located?
The property is located at 3110 S Atlantic Avenue Daytona Beach Shores, FL.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 3,360‑square‑foot mixed‑use building constructed in 2023; Ground‑level commercial area with front desk, office, restroom, storage, and bike rental operation; Upstairs residence includes 2 bedrooms, 1 full bathroom, living and dining areas, and an ocean‑facing balcony
