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    544 S Palmetto Ave Daytona Beach, FL 32114

    Sponsored
    For Sale
    $875,000

    COMMERCIAL - Daytona Beach, FL

    Property size:
    2,966 SF
    Lot size:
    0.25 Acres
    Days on Market:
    26
    Last Refresh:
    Feb 4 at 7:06 am

    Property Features for 544 S Palmetto Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security
    Rooms
    Bathroom 6, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 5, Bathroom 2
    Bathrooms
    6
    APN
    5339-01-13-0013
    Parking features
    Garage, On Street, Off Street
    Size
    2,966 SF
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1932
    Floors in Building
    3
    Flooring type
    Wood, Tile
    Roof type
    Tile

    We can help!

    Listing Contact
    Travous Dever
    Travous Dever

    Keyes (386) 690-1636

    Listing agent Travous Dever (386) 428-5723

    Listing date Jan 10, 2026

    MLS# 1215834

    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.

    Learn more

    Property Insight Report

    Overview

    Historic Daytona Beach Bed & Breakfast

    Located in the residential Historic District of Downtown Daytona Beach, this property is a 1912 Historic Registry home. Situated on a 0.26-acre corner lot, the property is zoned for residential use with commercial application and is currently operating as a bed and breakfast. The home is located near the Daytona International Speedway, Daytona Beaches, and a 500-slip marina. The interior features original hardwood floors, three common rooms, a formal dining room with built-ins, a sunroom with Spanish tile, and a parlor with a wood-burning fireplace. There are four guest bedrooms, each with a private ensuite bath, and a private owner's suite adjacent to the kitchen, complete with built-in bookcases and an attached office. The upgraded kitchen features new cabinetry, granite countertops, and modern appliances. Behind the garage is a finished caretaker's quarters. Upgrades include a new roof, new AC system, updated electrical throughout, hurricane-rated windows, updated appliances, a full fire sprinkler and suppressant system, and a security camera system. The property includes three exterior storage sheds and a partially finished attic. The property is being sold fully furnished, including TVs, linens, kitchenware, and dining service for 20. The property size is 2,966 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ms. Maggie's South ... Bed & Breakfast

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    Palmetto House, The Driftwood House, Heritage Inn, Travel Inn, Ms. Maggie's South Country Inn

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.016996
    Latitude
    29.202014

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    FAQs

    What type of property is this?
    Bed & breakfast - Turnkey bed and breakfast or unique residence in historic Daytona.
    Where is this bed & breakfast located?
    The property is located at 544 S Palmetto Ave Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Turnkey Bed & Breakfast Opportunity: Fully furnished and currently operating as a successful business, offering immediate income potential.; - Prime Historic District Location: Situated in Daytona Beach's residential Historic District, close to the Daytona International Speedway, beaches, and marina.; - Significant Upgrades & Modern Amenities: Features a new roof, new AC, updated electrical, hurricane-rated windows, modern kitchen, and fire suppression system.
    (386) 690-1636
    Request Owner's contact information
    544 S Palmetto Ave Daytona Beach, FL 32114
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    544 S Palmetto Ave Daytona Beach, FL 32114
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    We can help!
    Listing Contact
    Travous Dever
    Travous Dever
    (386) 690-1636
    Learn more
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