16-Bed Assisted Living
New
For Sale
$690,000
1208 Kennedy Road, Daytona Beach, FL 32117
COMMERCIAL - Daytona Beach, FL
Property Size4,656 SF
Lot Size0.57 Acres
Price / SF$148.20
Days on Market2
Property Features for 1208 Kennedy Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street
Directions
From Nova Rd. turn west on 4th street then north on Kennedy Rd. Property will be on your left.
Subdivision
35 - Mason to LPGA E of 95
Standard status
Active
APN
4244-01-20-0084
Size
4,656 SF
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W 137.45 FT OF S 200 FT OF N 785 FT OF LOT 8 BLK 20 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 INC PER OR 4301 PG 1963 PER OR 7785 PG 4569
Tax Annual Amount
3902
Legal Description
W 137.45 FT OF S 200 FT OF N 785 FT OF LOT 8 BLK 20 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 INC PER OR 4301 PG 1963 PER OR 7785 PG 4569
Utilities
Sewer type
Public Sewer
Building Details
Year built
1968
Listing Agency:
Selby Realty, Inc.
(386) 238-4456
Listed By:
Kyle Selby · License #SL3248500
(386) 295-3313
Added: Aug 3
Last Checked: Aug 4 at 4:06AM
MLS# 1229260
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.
Investment Insights
Based on property information with market context.
This licensed assisted living facility contains 16 beds within a single-story, 4,656-square-foot building on 0.57 acres. The layout includes resident accommodations, common living areas, administrative space, and a commercial kitchen. The property was built in 1968 and includes a newer roof installed in August 2017, a new 5-ton HVAC system installed in January 2026, a built-in Generac generator, and a fully fire-sprinklered building.
Additional land is included and could support development intended to increase bed count. The property is in Daytona Beach, with access to hospitals, medical providers, shopping, and major roadways. Off-street parking and public sewer service are also provided.
Additional land is included and could support development intended to increase bed count. The property is in Daytona Beach, with access to hospitals, medical providers, shopping, and major roadways. Off-street parking and public sewer service are also provided.
Key Highlights
- Licensed 16‑bed assisted living facility in a single‑story 4,656‑square‑foot building
- 0.57‑acre property with additional land included for potential bed‑count expansion
- New 5‑ton HVAC system installed January 2026
Financial Insights For Apartment 5plus
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 | $72.1k | $15.48 |
| − Vacancy | −$7.6k | −$1.63 |
| EGI | $64.5k | $13.85 |
| − OpEx | −$29.0k | −$6.23 |
| NOI | $35.5k | $7.62 |
4,656 SF · lease $15.48/SF/yr · vacancy 10.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$506.8K
$443.5K – $591.3K
NOI $35,479 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,100 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Elderly Living Center-Holly Hill — 810 Oleander Ave, Holly Hill, FL 32117
- Magnolia Gardens — 1031 4th St, Daytona Beach, FL 32117
- Highlands Manor Apartments — 956 Derbyshire Rd, Daytona Beach, FL 32117
- Rebecca Manor Retirement Home — 1501 6th St, Daytona Beach, FL 32117
- Shady Oaks Rest Home — 1208 Kennedy Rd, Daytona Beach, FL 32117
Frequently Asked Questions
What type of property is this?
Assisted living facility - Licensed single-story facility with resident accommodations, shared living areas, administrative space, and a commercial kitchen.
Where is this assisted living facility located?
The property is located at 1208 Kennedy Road Daytona Beach, FL.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Licensed 16‑bed assisted living facility in a single‑story 4,656‑square‑foot building; 0.57‑acre property with additional land included for potential bed‑count expansion; New 5‑ton HVAC system installed January 2026
