412 S Palmetto Ave, Daytona Beach, FL
2,964 SF office building in Daytona Beach, Florida.
- Added:
- Apr 23, 2025
- Days on Market:
- 420
- Last Refresh:
- May 20 at 8:48 pm
Property Features for 412 S Palmetto Ave
General Information
- Standard status
- Active
- Size
- 2,964 SF
- Lot size
- 0.24 Acres
- Property subtype
- OFFICE
Listing agent Vitor De Sousa License ##BK3478927
Listing office Lightle Beckner Robison, Inc. (321) 722-0707
Listing date Apr 23, 2025
Source Moodyscre
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 Lightle Beckner Robison, Inc.
HighLights
- Prime investment opportunity in Daytona Beach, FL.
- 2,964 SF office building.
- Zoned RP, offering flexibility for various office and business uses.
- Tastefully renovated in 1989.
- Strategic location in the thriving Daytona Beach area.
- Solid foundation for future growth.
Overview
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 | $64.0k | $21.60 |
| − Vacancy | −$4.8k | −$1.62 |
| EGI | $59.2k | $19.98 |
| − OpEx | −$14.8k | −$5.00 |
| NOI | $44.4k | $14.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0185
- Latitude
- 29.205
