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    116 S Palmetto Ave Daytona Beach, FL 32114

    For Lease
    $21 SF/Yr ($9,318 /Mo)

    2,000 SF office space in Downtown Daytona Beach.

    Property size:
    5,325 SF
    Lot size:
    5,325 SF

    Property Features for 116 S Palmetto Ave

    General Information

    Size
    5,325 SF

    Building Details

    Year built
    1959

    Source: Patrick M. Opalewski, CCIM Agent Patrick M. Opalewski, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Daytona Beach Office Suite

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Race Way Foods Grocery Store

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.021131
    Latitude
    29.211232

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    FAQs

    What type of property is this?
    Office space - 2,000 SF office space in Downtown Daytona Beach.
    Where is this office space 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
    (386) 295-9676
    Request Owner's contact information
    116 S Palmetto Ave Daytona Beach, FL 32114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 S Palmetto Ave Daytona Beach, FL 32114
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