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Downtown Daytona Beach Office Suite
For Lease
$21 SF/Yr

116 S Palmetto Ave, Daytona Beach, FL 32114

2,000 SF office space in Downtown Daytona Beach.

Space Size2,000 SF
Property Size5,325 SF
Days on Market275

Property Features for 116 S Palmetto Ave

General Information

Standard status Active
Size 2,000 SF
Class C
Property subtype Office
Lease Term Gross

Building Details

Building Size 5,325 SF
Year Built 1959

Spaces For Lease

at 116 S Palmetto Ave Contact us

116 S Palmetto Ave. $21/SF/Yr

Size
2,000 SF
Term
Negotiable
Contact us
Listing Agency: SVN | Alliance Commercial Real Estate Advisors
Listed By: Patrick M. Opalewski, CCIM · License #FL #BK3042967
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 23 at 3:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Alliance Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This 2,000 square foot office suite is located in the heart of Downtown Daytona Beach's Business District. The space features a clean, contemporary design suitable for various professional office uses. Situated on Palmetto Avenue, the property offers excellent visibility and convenient access, being minutes away from courthouses, government offices, and restaurants. Parking is available. The property is located just off of International Speedway Blvd. and is ready for immediate occupancy.

Key Highlights

  • Prime Downtown Daytona Beach location on Palmetto Avenue
  • 2,000 square foot office suite with a clean, contemporary design
  • Excellent visibility for business exposure

Property Analytics

Current Use

Race Way Foods Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Building Supply Parking Lot & Garage Garden Center Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,764
Businesses Nearby

Demographics for 32114, FL

34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value

Market

Lease Benchmarks for Daytona Beach, FL

$19.96 /SF/Yr
Avg Asking Price
$1.45–$122 /SF/Yr
Price Range
6,800 SF
Avg Space Size

This space is priced 5% above the average of $19.96 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - 2,000 SF office space in Downtown Daytona Beach.
Where is this office units located?
The property is located at 116 S Palmetto Ave Daytona Beach, FL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Daytona Beach location on Palmetto Avenue; 2,000 square foot office suite with a clean, contemporary design; Excellent visibility for business exposure
More about this property
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