Beachside Property: Live, Work, or
20 N HALIFAX AVENUE, Daytona Beach, FL 32118
Versatile Daytona Beachside property suitable for residential or commercial use.
Property size:
2,672 SFPrice / SF:
$177/SF- Added:
- May 16, 2025
- Days on Market:
- 382
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 20 N HALIFAX AVENUE
General Information
- Standard status
- Active
- Size
- 2,672 SF
Building Details
- Year Built
- 1925
Listing agent TIMOTHY LOOMIS
Listing office WHITE WHALE REAL ESTATE
Listing date May 16, 2025
Source Corcoran
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 WHITE WHALE REAL ESTATE
HighLights
- Steps from the river and ocean in Daytona Beachside.
- Flexible use as residential home, office space, or combination.
- Downstairs: features 3 bedrooms and 5 workspaces, with full bathroom, kitchen, and dining area.
- Upstairs: 3 bedrooms and 4 work areas, with additional bathroom.
- Detached two‑car garage/workshop.
- Owner financing considered.
Overview
Located in the heart of Daytona Beachside, 20 N. Halifax Ave is a versatile property suitable for residential or commercial use. Situated steps from the river and the ocean, this property offers flexible use as a residential home, office space, or a combination of both. The downstairs area features 3 bedrooms, which can be converted to up to 5 workspaces, a full bathroom, kitchen, and dining area. The layout is ideal for a team or family. The upstairs includes 3 more bedrooms or 4 work areas, plus an additional bathroom. A detached two-car garage or workshop adds further functionality. The property is perfect for a beachside business or live/work lifestyle. The property size is 2672 square feet.
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 | $57.7k | $21.60 |
| − Vacancy | −$4.3k | −$1.62 |
| EGI | $53.4k | $19.98 |
| − OpEx | −$13.3k | −$5.00 |
| NOI | $40.0k | $14.99 |
2,672 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$572.0K
$500.5K – $667.3K
NOI $40,040 @ 7.0% cap · market cap 8.43%
Second Best
Mixed Use
$471.5K
$412.6K – $550.1K
NOI $33,006 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$787.9K
$689.4K – $919.2K
NOI $55,150 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0134
- Latitude
- 29.2239
Nearby Similar for Sale
FAQs
What type of property is this?
Live-work space - Versatile Daytona Beachside property suitable for residential or commercial use.
Where is this live-work space located?
The property is located at 20 N HALIFAX AVENUE Daytona Beach, FL.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Steps from the river and ocean in Daytona Beachside.; Flexible use as residential home, office space, or combination.; Downstairs: features 3 bedrooms and 5 workspaces, with full bathroom, kitchen, and dining area.
