Daytona Beach Commercial Building
116 Center Street, Daytona Beach, FL 32117
COMMERCIAL - Daytona Beach, FL
Property size:
2,164 SFLot size:
60,232.00 AcresPrice / SF:
$194/SF- Added:
- Jul 17, 2024
- Days on Market:
- 685
- Last Refresh:
- Jun 1 at 8:06 pm
Property Features for 116 Center Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Parking Lot, Guest, Gated
- Security features
- Security System
- Fencing
- Chain Link
- Standard status
- Active
- APN
- 4244-01-33-0016
- Size
- 2,164 SF
- Lot size
- 60,232.00 Acres
Taxes and HOA fees
- Tax Description
- N 60 FT OF S 384 FT OF E 231.3 FT OF LOT 1 BLK 33 M & C HOLLY HILL MB 2 PG 90 PER OR 4120 PG 2575 PER D/C 6122 PG 0537 PER OR 6122 PG 0538 PER OR 6366 PG 2874 PER OR 6975 PG 0022
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Flooring type
- Tile, Concrete
- Building materials
- Block
- Roof type
- Rolled Hot Mop
Listing agent Dan Lyonnais (386) 852-7932
Listing office Adams, Cameron & Co., Realtors 600 S Atlantic Ave, Daytona Beach, FL (386) 258-5500
Listing date Jul 17, 2024
MLS# 1201610
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
- Multiple offices and open floor space suitable for multiple uses.
- Includes yard space and backs up to another street.
- Originally listed as a 3‑parcel sale; vacant lot and house next door can be included.
- Parking features include guest parking, a parking lot, and gated access.
- Utilities: Electricity, public water, and public sewer available.
- Construction: Block building with concrete and tile flooring.
Overview
This commercial building in Daytona Beach, Florida, presents a versatile opportunity for various uses. Formerly a post office, the property includes yard space and backs onto a parallel street. The building features multiple offices along with open floor space, offering adaptability for different business needs. The property encompasses 2,164 square feet and is situated on a 60,232-acre lot. It is located in Volusia County, with a Daytona Beach postal code of 32117.
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 | $46.7k | $21.60 |
| − Vacancy | −$3.5k | −$1.62 |
| EGI | $43.2k | $19.98 |
| − OpEx | −$10.8k | −$5.00 |
| NOI | $32.4k | $14.99 |
2,164 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$463.3K
$405.4K – $540.5K
NOI $32,428 @ 7.0% cap · market cap 7.72%
Second Best
Retail
$291.2K
$254.8K – $339.7K
NOI $20,382 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$638.1K
$558.3K – $744.4K
NOI $44,665 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
National Metering Services, ...
Department Store
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.040378
- Latitude
- 29.223758
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Commercial building with yard space and multiple office/retail possibilities.
Where is this office units located?
The property is located at 116 Center Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Multiple offices and open floor space suitable for multiple uses.; Includes yard space and backs up to another street.; Originally listed as a 3‑parcel sale; vacant lot and house next door can be included.
