Daytona Beach Commercial
523 N Peninsula Drive Daytona Beach, FL 32118
523 N Peninsula Drive, Daytona Beach, FL, 32118
$448,370
Pending
For Sale
$448,370
Pending
COMMERCIAL - Daytona Beach, FL
Property Size3,979 SF
Lot Size0.25 Acres
Days on Market154
Property Features for 523 N Peninsula Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Pending
- APN
- 5305-01-06-0040
- Size
- 3,979 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- S 60 FT OF LOT 4 BLK 6 EAST DAYTONA PER OR 4976 PG 4580
- Tax Annual Amount
- 4906
Building Details
- Year built
- 1965
Listing Agency
Realty Pros Commercial
(386) 253-8565
140 S Atlantic Ave. Ste 202, Daytona Beach, FL
Listed by
Kayla Williams · License #3506971
(386) 338-1330
Added: Feb 12 Checked: Jul 16 at 3:06 pm
MLS# 1222949
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 3,979 square foot freestanding commercial building is located in a high-traffic area near the beach. The property is currently divided into three separate units and features above-ground and garage parking. The building's architectural design provides abundant natural light. The property is being sold as-is and requires light renovations. It has versatile RP zoning, which allows for a wide range of residential, office, educational, or institutional uses. The suite breakdown is as follows: Suite 1 includes a reception area, two large open areas, a kitchen, four private offices, and a full bathroom. Suite 2 features five offices, a large waiting area, and two full bathrooms. Suite 3 contains three offices, one restroom, and a large open area. The RP zoning allows for household living, group living, communication, day care, education, health care, open space, minor utility, and institutional uses. The property has high curb appeal with large windows, architectural character, and a versatile layout. A large monument sign is present. The location is near the beach and growing commercial corridors.
Key Highlights
- Prime location near the beach in a high‑traffic area with excellent visibility.
- Versatile RP zoning allows for a wide range of residential, office, educational, or institutional uses.
- Large 3,979 SF freestanding commercial building divided into three separate units.
Local Financial Insights For Retail
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 | $59.7k | $15.00 |
| − Vacancy | −$6.1k | −$1.55 |
| EGI | $53.5k | $13.46 |
| − OpEx | −$16.1k | −$4.04 |
| NOI | $37.5k | $9.42 |
3,979 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$851.8K
$745.3K – $993.8K
NOI $59,625 @ 7.0% cap · market cap 13.30%
Second Best
Healthcare Medical
$826.9K
$723.6K – $964.8K
NOI $57,885 @ 7.0% cap · market cap 12.91%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,127 @ 7.0% cap · market cap 18.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Atlas International Technology ...
Corporate Office
Hommati
Photography Service
Similar For Sale Nearby
Similar Off Market Nearby
- Rawls Veterinary Hospital — 127 Mason Ave, Daytona Beach, FL 32117
- Long Susan DVM — 127 Mason Ave, Daytona Beach, FL 32117
- Rawls Jr Benjamin H DVM — 127 Mason Ave, Daytona Beach, FL 32117
FAQs
What type of property is this?
Medical Office Space - Freestanding commercial building in high-traffic area near the beach.
Where is this medical office space located?
The property is located at 523 N Peninsula Drive Daytona Beach, FL.
What is the asking price?
The asking price for this property is $448,370.
What are key features of this property?
This property features: Prime location near the beach in a high‑traffic area with excellent visibility.; Versatile RP zoning allows for a wide range of residential, office, educational, or institutional uses.; Large 3,979 SF freestanding commercial building divided into three separate units.
