Daytona Beach Commercial Asset
For Sale
$999,999
312-318 SEABREEZE Boulevard, Daytona Beach, FL 32118
SINGLE_FAMILY - Daytona Beach, FL
Property Size6,786 SF
Lot Size0.29 Acres
Price / SF$147.36
Days on Market202
Property Features for 312-318 SEABREEZE Boulevard
General Information
Property type
Residential
Property subtype
Retail
Parking features
On Street
Directions
Head east over intracoastal on Oakbridge. Turn L on N. Oleander. Turn L on Seabreeze Blvd. Proeprty on your left.
Subdivision
625-Volusia County North-Beach
Standard status
Active
APN
530501250180
Size
6,786 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10026
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Listing Agency:
JPAR CITY AND BEACH
(904) 370-3500
Listed By:
MICHAEL KRZESZEWSKI · License #3337985
(989) 295-3035
Added: Feb 3
Changed: Apr 15
Last Checked: Aug 24 at 9:06AM
MLS# 2128334
Copyright © 2026 realMLS. 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 commercial property in Daytona Beach, Florida, offers a 6,786 square feet space suitable for various concepts. The property, located on Seabreeze Boulevard, features over 165 feet of frontage. Currently, four concepts occupy the space: a pizza/wing/taphouse with a wood-fired pizza oven and liquor license with over 20 taps, a vegan restaurant with a liquor bar and draft system, a tiki bar offering craft cocktails, and a patio bar with a 4COP/SRS license and space for over 400 people. The property is marketed as an asset sale, including real estate and furniture, fixtures, and equipment. Unit 2 is currently leased on a month-to-month basis, providing cash flow. The property provides ample seating, with Unit 1 offering 125 seats, Unit 2 offering 60 seats, Unit 3 offering 50-75 seats, and Unit 4 accommodating up to 400 seats in the outdoor space. The property is situated in close proximity to Daytona Beach attractions. The lot size is 0.29 acres.
Key Highlights
- Prime commercial location on Seabreeze Blvd in Daytona Beach with over 165 ft of frontage.
- Turnkey opportunity with 4 existing concepts (pizza/wing/taphouse, vegan restaurant, tiki bar, patio bar).
- Includes liquor licenses and draft systems for multiple units.
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
$63,914
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
6.39%
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%
$1,278,280
$1.3M
Cap Rate 7%
$913,057
$913.1K
Cap Rate 9%
$710,156
$710.2K
Market Conditions
NOI Build-Up for 6,786 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
$101.8K $15.00/SF
− Vacancy
−$10.5K −$1.55/SF
EGI
$91.3K $13.46/SF
− OpEx
−$27.4K −$4.04/SF
NOI
$63.9K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,278,280
Cap Rate 7%
$913,057
Cap Rate 9%
$710,156
Alternative Uses
Best Use
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,048 @ 7.0% cap · market cap 10.30%
Second Best
Retail
$913.1K
$798.9K – $1.07M
NOI $63,914 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,063 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 72%
Shops & Services 19%
Hotels & Casinos 9%
Dick's Last Resort
Dining
20,658 visits/mo
0.4 miles
Burger King
Dining
10,780 visits/mo
0.4 miles
IHOP
Dining
9,642 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,645 visits/mo
0.3 miles
Waffle House
Dining
5,706 visits/mo
0.1 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Turnkey restaurant and bar opportunity in Daytona Beach, Florida.
Where is this restaurant located?
The property is located at 312-318 SEABREEZE Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Prime commercial location on Seabreeze Blvd in Daytona Beach with over 165 ft of frontage.; Turnkey opportunity with 4 existing concepts (pizza/wing/taphouse, vegan restaurant, tiki bar, patio bar).; Includes liquor licenses and draft systems for multiple units.
