End Unit Office
111 Magnolia Avenue Daytona Beach, FL 32114
111 Magnolia Avenue, Daytona Beach, FL, 32114
$399,000
For Sale
$399,000
COMMERCIAL - Daytona Beach, FL
Property Size1,388 SF
Lot Size0.03 Acres
Price / SF$287.46
Days on Market106
Property Features for 111 Magnolia Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Parking Lot, On Street
- Standard status
- Active
- APN
- 5339-A9-00-1110
- Size
- 1,388 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 39-15-33 UNIT 111 WALL STREET LOFTS CONDOMINIUM PER OR 5762 PG 0128 PER OR 5790 PG 1221 PER OR 5791 PGS 3678-3680 INC PER OR 6155 PGS 4503-4504
- Tax Annual Amount
- 4368
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 3
- Number of units
- 1
- Flooring type
- Carpet, Tile
- Building materials
- Concrete, Stucco
Listing agency
Florida Global International Realty
(386) 451-5313
Listed by
Clara Spangler · License #3137316
(386) 451-5313
Added: Apr 9 Updated: Jun 8 at 10:06PM Checked: Jul 23 at 3:06AM
MLS# 1225066
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.
Located in downtown Daytona Beach within the Wall Street Lofts building, this commercial condo offers an end unit configuration with windows on both the front and side. Entry opens to an inviting reception area, followed by a layout designed for professional use. The space includes four small offices, a conference room, and a lounge area with a kitchen. Additional utility is provided by two generous storage spaces, and the unit has a bathroom equipped with a shower.
Access is from Magnolia Avenue, and the property is described as being steps away from Beach Street. It is currently operated as a real estate office, with the business in place for the past 14 years. The seller notes that the space previously served as a doctor’s office and a diet clinic.
This configuration is well suited for established professional tenants seeking a client-facing suite with multiple private offices, a dedicated meeting space, and convenient storage. The current buildout supports both day-to-day operations and scheduled appointments, while the reception and lounge/kitchen area can help accommodate client workflows. Zoning and intended buyer use should be verified, as outlined in the listing remarks.
Access is from Magnolia Avenue, and the property is described as being steps away from Beach Street. It is currently operated as a real estate office, with the business in place for the past 14 years. The seller notes that the space previously served as a doctor’s office and a diet clinic.
This configuration is well suited for established professional tenants seeking a client-facing suite with multiple private offices, a dedicated meeting space, and convenient storage. The current buildout supports both day-to-day operations and scheduled appointments, while the reception and lounge/kitchen area can help accommodate client workflows. Zoning and intended buyer use should be verified, as outlined in the listing remarks.
Key Highlights
- Commercial condo in the Wall Street Lofts building in downtown Daytona Beach, steps from Beach Street
- End unit with windows on both the front and side for additional natural light
- Interior includes a reception area, four small offices, a professional conference room, lounge area with kitchen, and two storage spaces
Local Financial Insights For Office B
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 | $30.0k | $21.60 |
| − Vacancy | −$2.2k | −$1.62 |
| EGI | $27.7k | $19.98 |
| − OpEx | −$6.9k | −$5.00 |
| NOI | $20.8k | $14.99 |
1,388 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$297.1K
$260.0K – $346.7K
NOI $20,799 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.3K
$358.1K – $477.5K
NOI $28,648 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Florida Global International ...
Real Estate Agency
Florida Global Int. ...
Real Estate Agency
Nannette Durning, Realtor ...
Real Estate Agency
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FAQs
What type of property is this?
Office units - Bright end unit office condo with reception, conference room, multiple offices, lounge, kitchen, and shower bathroom.
Where is this office units located?
The property is located at 111 Magnolia Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Commercial condo in the Wall Street Lofts building in downtown Daytona Beach, steps from Beach Street; End unit with windows on both the front and side for additional natural light; Interior includes a reception area, four small offices, a professional conference room, lounge area with kitchen, and two storage spaces
