115 Magnolia Avenue, Daytona Beach, FL 32114
COMMERCIAL - Daytona Beach, FL
- Added:
- Oct 22, 2025
- Days on Market:
- 249
- Last Refresh:
- Jun 27 at 12:06 pm
Property Features for 115 Magnolia Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Parking Lot
- Standard status
- Active Under Contract
- APN
- 5339-A9-00-1150
- Size
- 2,002 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- UNIT 115 WALL STREET LOFTS CONDOMINIUM PER OR 5762 PG 128 PER OR 5965 PG 1835 PER OR 5791 PGS 3678-3680
- Tax Annual Amount
- 5250
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2006
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Block, Concrete, Stucco
Listing agent Dayanis Purucker License #3366027 (386) 315-4450
Listing office Oceans Luxury Realty Full Service LLC 3162 S Atlantic Ave Ste B, Daytona Beach Shores, FL (386) 236-3700
Listing date Oct 22, 2025
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.
HighLights
- 2006‑built commercial studio in Daytona Beach Historic District with 2,002 sq. ft. open‑concept layout
- Currently used as a ballroom dance studio and personal fitness parlor, offering a flexible commercial space
- Construction materials include block, concrete, and stucco
- Two restrooms on site
- Central and electric heating with central air cooling and ceiling fans
- Public water and public sewer; vinyl flooring and parking lot parking
Overview
Located at 115 Magnolia Avenue in Daytona Beach, the property is positioned in the Historic District. The listing notes the area is walkable and surrounded by local businesses, dining, and culture.
For tenants, buyers, or operators seeking a versatile footprint, the combination of open layout and existing restroom capacity can support a range of office and studio-style uses. The current fitness and dance setup also indicates the space may be well suited for certain training, classes, and creative studio environments, while still allowing room for alternate commercial conversion based on your business needs.
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 | $43.2k | $21.60 |
| − Vacancy | −$3.2k | −$1.62 |
| EGI | $40.0k | $19.98 |
| − OpEx | −$10.0k | −$5.00 |
| NOI | $30.0k | $14.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.019164
- Latitude
- 29.209745
