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    Daytona Beach Shores, FL 32118 Daytona Beach Shores, FL 32118

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    Claim this Listing
    For Lease
    $500 /Mo

    COMMERCIAL - Daytona Beach Shores, FL

    Property size:
    2,250 SF
    Lot size:
    2.00 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    33
    Last Refresh:
    Apr 17 at 7:06 pm

    Property Features

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    2,250 SF
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    COMMON AREA FOR CASTAWAYS BEACH RESORT CONDOMINIUM PER OR 4236 PGS 3937-4023 INC & PER AMENDED OR 4686/3969 PER OR 5990 PGS 0326-0327

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water front features
    Ocean Access, Ocean Front
    Water front
    1

    Building Details

    Year built
    1995

    We can help!

    Listing Contact
    Jami Gallegos
    Jami Gallegos

    Listing agent Jami Gallegos

    Listing office Lifestyle Realty Group Inc 1095 N US Hwy1 Ste 3, Ormond Beach, FL

    Listing date Mar 16, 2026

    MLS# 1224223

    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.

    Overview

    Iconic Daytona Diner Opportunity

    This iconic Daytona diner, a turnkey retro 50's concept, is located on an oceanfront resort property along the A1A corridor in Daytona Beach Shores. The sale includes all furniture, fixtures, equipment, decor, themed memorabilia, branded retail merchandise, and operating assets. The restaurant features a fully equipped commercial kitchen, a classic retro dining room, and outdoor patio seating. Currently operating as a breakfast and lunch concept, the 2,250-square-foot facility and location offer substantial growth potential for dinner service, catering, private events, expanded marketing, and additional revenue opportunities. The business benefits from a favorable lease structure based on approximately 5% of gross sales with a $500 minimum monthly rent, with approximately one year remaining on the current lease. The condominium association has indicated willingness to negotiate a new lease with a qualified buyer. This is an ideal opportunity for an experienced restaurant operator, chef-owner, or hospitality entrepreneur seeking an established concept in a high-visibility beachside location. The property is surrounded by beachfront condominiums, hotels, and year-round tourism. The lot size is 2 acres.
    Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Map

    City
    Daytona Beach Shores
    County
    Volusia
    State
    Florida
    Longitude
    -81.0051
    Latitude
    29.215

    Nearby Similar for Lease

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    • Contact for pricing

      Daytona Beach Shores Storage Unit

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    FAQs

    What type of property is this?
    Breakfast & diner - Turnkey oceanfront restaurant opportunity in Daytona Beach Shores, Florida.
    Where is this breakfast & diner located?
    The property is located at Daytona Beach Shores, FL.
    What is the lease rate?
    The lease rate is $500 /Mo.
    What are key features of this property?
    This property features: Turnkey, fully equipped retro 50's diner concept with indoor and outdoor seating.; Prime oceanfront location on the highly traveled A1A corridor in Daytona Beach Shores, benefiting from strong tourism traffic.; Favorable lease structure based on approximately 5% of gross sales with a low minimum monthly rent; condominium association willing to negotiate a new lease.
    (386) 872-8742
    We can help!
    Listing Contact
    Jami Gallegos
    Jami Gallegos
    Learn More
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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
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