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    Furnished Condo Near Daytona Boardwalk Title is generated by Realmo AI

    1233 S ATLANTIC AVENUE 3140, Daytona Beach, FL 32118

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    For Sale
    $89,000

    Furnished condo near the beach, ready for short-term rental.

    Type:Condo/Townhome
    Property size:
    257 SF
    Lot size:
    1.57 Acres
    Price / SF:
    $346/SF
    Added:
    Mar 25, 2026
    Days on Market:
    71
    Last Refresh:
    Mar 24 at 9:07 pm

    Property Features for 1233 S ATLANTIC AVENUE 3140

    General Information

    Standard status
    Active
    Size
    257 SF
    Lot size
    1.57 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1960

    We can help!

    Listing Contact
    Ninotchka Sotomayor Carrasquillo

    Listing agent Ninotchka Sotomayor Carrasquillo License #3466339

    Listing office LA ROSA REALTY LLC

    Listing date Mar 25, 2026

    Source Exitrealty

    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 LA ROSA REALTY LLC

    HighLights

    • Active short term rental with no lease restrictions: Ready to own, earn, and use all year.
    • Fully Furnished and Booked: Comes fully furnished and already has existing bookings.
    • HOA includes all utilities: Condo fee covers cable, internet, water, electricity, and pest control.
    • Prime Location: Steps from the Boardwalk in Daytona Beach and minutes from Daytona International Speedway.
    • Extensive Amenities: Offers both indoor and outdoor pools, gym, arcade room, laundry on‑site, and barbecue area in front of the beach.
    • Proximity to attractions: Near the boardwalk, rides, arcades, Daytona Lagoon water park, and Daytona Beach Bandshell.

    Overview

    This furnished condominium is an active short-term rental property, situated steps from the Boardwalk in Daytona Beach and minutes from Daytona International Speedway. The property is booked throughout the year and has no lease restrictions, allowing for both short-term and long-term rentals. The unit offers a partial ocean view. The condominium provides access to amenities including an outdoor pool, indoor pool, vending machines, an arcade room, on-site laundry facilities, a gym, a barbecue area facing the beach, a parking lot, and elevators. The condo fee covers cable, internet, water, electricity, and pest control. Daytona Beach is known for Daytona International Speedway and its beach with hard-packed sand where driving is permitted. The location is near boardwalks, rides, and arcades, and the Daytona Beach Bandshell, which hosts free summer concerts. Daytona Lagoon water park, offering go-karts, laser tag, and waterslides, is also nearby. The property size is 257 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sea Dip Beach ... Hotel & Motel Atlantic Budget Inn Hotel & Motel Romantic at the beach Travel Agency The Classy Humble Sunset-Short ... Travel Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.99993
    Latitude
    29.211248

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    FAQs

    What type of property is this?
    Short term rental property - Furnished condo near the beach, ready for short-term rental.
    Where is this short term rental property located?
    The property is located at 1233 S ATLANTIC AVENUE 3140 Daytona Beach, FL.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: Active short term rental with no lease restrictions: Ready to own, earn, and use all year.; **Fully Furnished and Booked**: Comes fully furnished and already has existing bookings.; HOA includes all utilities: Condo fee covers cable, internet, water, electricity, and pest control.
    (321) 939-3748
    We can help!
    Listing Contact
    Ninotchka Sotomayor Carrasquillo
    Real Estate License ID: 3466339
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    1233 S ATLANTIC AVENUE 3140, DAYTONA BEACH, FL 32118
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