Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Benecia Avenue lot 63 Daytona Beach, FL 32114

    View on Map
    Pending
    Contact for pricing

    LAND - Daytona Beach, FL

    Lot size:
    0.11 Acres
    Added:
    Dec 22, 2023
    Days on Market:
    838
    Last Refresh:
    Apr 8 at 8:06 am

    Property Features for Benecia Avenue lot 63

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    5239-08-00-0630
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    LOT 63 SUNNYSIDE PLAT 1 DAYTONA PER OR 4662 PG 2727 PER OR 7537 PG 0803 PER OR 8407 PG 3392
    Tax Annual Amount
    256

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Nathan Klutznick

    Listing agent Nathan Klutznick License #3130203

    Listing office LoKation 1500 E Atlantic Blvd, POMPANO BEACH, FL

    Listing date Dec 22, 2023

    MLS# 1117430

    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 Land Parcel

    This 0.11-acre land parcel is located in Daytona Beach, Volusia County, Florida. The property presents an opportunity to build a home, investment property, or vacation retreat. This land is a rare find.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.026737
    Latitude
    29.189822

    Nearby Similar for Sale

    • $749,999
      5,819 SF

      Daytona Beach Professional Office Building

      High-profile office building in a desirable Daytona Beach location.
      213 Silver Beach Avenue, Daytona Beach, FL 32118
      View Details
    • $1,899,000
      12,600 SF

      Retail Building with Income Potential

      12,600 SF building in Daytona Beach with occupancy options.
      1396 N NOVA ROAD, DAYTONA BEACH, FL 32117
      View Details
    • $448,370
      3,979 SF

      Daytona Beach Commercial Building

      Freestanding commercial building in high-traffic area near the beach.
      523 N Peninsula Drive, Daytona Beach, FL 32118
      View Details
    • $339,000
      2,060 SF

      Daytona Beach Two-Story Office Building

      Two-story office building in downtown Daytona Beach with historic charm.
      339 S Ridgewood Avenue, Daytona Beach, FL 32114
      View Details
    • $999,999
      6,786 SF

      Daytona Beach Commercial Asset Sales

      Turnkey restaurant and bar opportunity in Daytona Beach, Florida.
      312-318 SEABREEZE Boulevard unit: 316 & 318, Daytona Beach, FL 32118
      View Details
    • $4,250,000
      5,646 SF

      Daytona Beach Commercial Opportunity

      Commercial property with multiple businesses and development potential.
      301 E International Speedway Boulevard, Daytona Beach, FL 32118
      View Details
    • $399,000
      2,508 SF

      Daytona Beach Mixed-Use Property

      Mixed-use property in tourist area, owner financing available.
      618 N Wild Olive Avenue W, Daytona Beach, FL 32118
      View Details
    • $1,899,000
      12,600 SF

      Daytona Beach Commercial Property

      12,600 SF commercial building in Daytona Beach, Florida.
      1396 N Nova Road, Daytona Beach, FL 32117
      View Details
    • $360,000
      3,300 SF

      Turnkey Pizza Restaurant in Daytona

      Fully operational pizza restaurant in Daytona Beach's entertainment district.
      615 Seabreeze Boulevard, Daytona Beach, FL 32118
      View Details
    • $850,000
      8,237 SF

      Daytona Beach Commercial Property Available

      High-exposure commercial property near Daytona International Speedway.
      936 W International Speedway Boulevard, Daytona Beach, FL 32114
      View Details
    • $689,900
      7,172 SF

      Daytona Beach Mixed-Use Opportunity

      Versatile mixed-use property with retail, office, and warehouse space.
      529 RIDGEWOOD AVENUE, DAYTONA BEACH, FL 32117
      View Details
    • $365,000
      1,500 SF

      Daytona Beach Commercial Building

      Versatile 1,500 SF commercial building in central Daytona Beach.
      1012 N Nova Road, Daytona Beach, FL 32117
      View Details

    FAQs

    What type of property is this?
    Land - Land parcel in Daytona Beach, Florida, ideal for development.
    Where is this land located?
    The property is located at Benecia Avenue lot 63 Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Land parcel in Daytona Beach, FL; Suitable for building a home, investment property, or vacation retreat; Electricity Available
    (954) 545-5583
    We can help!
    Listing Contact
    Nathan Klutznick
    Real Estate License ID: 3130203
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!